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By Jeremy Oberstein | November 28, 2007
BURBANK — Local and national retail agents reported robust sales during the first weekend of holiday shopping, leaving city officials pleased with Burbank’s economy, despite a lingering writers strike and housing downturn. “Friday and Saturday were great,” Burbank Town Center General Manager Alan Osadchey said. “Traffic was much heavier than last year and, if this is any indication, we’re looking forward to a strong holiday sales period.” The mall opened early the day after Thanksgiving for Black Friday, a day retailers hoped to improve their bottom-line sales figures by moving out from the red and into healthier profit margins.
BUSINESS
By Veronica Rocha | February 11, 2009
GLENDALE — Retail analysts expect that consumers will be spending less on Valentine’s Day gifts this year than last year’s holiday, according to a survey. With consumer spending down, some Glendale and Burbank retailers, who bank on the holiday to make a profit, are concerned that the economic slump will stop customers from shopping at their stores. Jewelry store owner Jack Abadjian has noticed that customers are buying less and spending less on precious stones and metals at his shop, Montrose Jewelers.
NEWS
By Veronica Rocha, veronica.rocha@latimes.com | August 23, 2011
BURBANK - Police detectives are searching for three thieves who stole 170 pairs of Levi jeans from a store on North Victory Boulevard two weeks ago. Thieves used a garbage can to smash the front glass of the Newstar Active Wear on the 600 block of North Victory Boulevard, enter the store and steal about 170 pairs of jeans from the shelves at about 4 a.m. Aug. 8, Burbank police said. The loss for the store was estimated at more than $4,000, according to the store's owner, who did not want to use his name for fear of retribution.
BUSINESS
By Christopher Cadelago | November 24, 2009
CITY HALL — Despite predictions of another anemic holiday shopping season, city officials are hoping to pump up local spending with an ad campaign of their own. Organizers of Shop Burbank, a city-sponsored program of about 100 merchants, mailed holiday greeting cards to each household directing shoppers to www.shopburbank.org , a compilation of discounts on everything from restaurants to big-box chains, they said. Redevelopment dollars are also being poured into widespread advertisements and mailers to major employment hubs, said Robin Faulk, a program coordinator.
BUSINESS
By Jeremy Oberstein | November 12, 2008
Retailers are bracing for a tough holiday shopping season in which sales figures in the region could decline as shoppers continue to weather an economic storm that has torpedoed personal spending, analysts said Monday. National and local organizations project a 1% to 4% drop in usual holiday sales figures, which could sink profit margins at regional malls including the Americana at Brand, Glendale Galleria and Burbank Town Center. “We think that the region is looking forward to a rather dismal Christmas,” said Jack Kyser, chief economist for the Los Angeles Economic Development Corp.
BUSINESS
By Jeremy Oberstein and The Leader | November 10, 2008
BURBANK — Retailers are bracing for a tough holiday shopping season in which sales figures in the region could decline as shoppers continue to weather an economic storm that has torpedoed personal spending, analysts said Monday. National and local organizations project a 1% to 4% drop in usual holiday sales figures, which could sink profit margins at regional malls including the Americana at Brand, Glendale Galleria and Burbank Town Center. “We think that the region is looking forward to a rather dismal Christmas,” said Jack Kyser, chief economist for the Los Angeles Economic Development Corp.
BUSINESS
By Zain Shauk | December 2, 2009
DOWNTOWN — Retailers are hoping that momentum from strong foot traffic over the Black Friday weekend will continue through the remainder of the holiday shopping season, even as discounts from online stores are expected to cut into sales at brick-and-mortar outlets. Area stores reported their strongest-ever Black Friday-related foot traffic this weekend, with many shoppers waiting in line overnight to take advantage of targeted discounts. More than 1,000 waited outside Best Buy in Atwater Village before the doors opened at 4 a.m., and hundreds more filled the Glendale Galleria, where five stores opened at midnight, more than in past years.
BUSINESS
By Jeremy Oberstein | December 27, 2008
Customers across the region Friday took advantage of deep discounts at big-name retail outlets and smaller stores throughout Glendale and Burbank during one of the traditionally busiest shopping days of the year. Officials at clothing stores, electronic shops and the area’s biggest malls largely proclaimed the day a success, expecting to beat estimates from economists who predicted sluggish after-Christmas sales. Though sales figures were not immediately available, Jennifer Gordon, a spokeswoman for Caruso Affiliated, which runs the Americana, said the mall figures to build on what has already been a successful holiday shopping season.
NEWS
February 8, 2003
Tim Willert On a clear day, Adel Luzuriaga can see all the way to Catalina from her hilltop property at the end of North Brand Boulevard. It's a spot she holds close to her heart, a place where she can catch a sunset, share a picnic lunch or star gaze with that special someone. "It's very romantic," Luzuriaga, a Glendale Realtor, said this week. "It's like being in your own little world." As Valentine's Day approaches, the Leader sought out the most romantic places and activities in Burbank, Glendale and the foothills.
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BUSINESS
By Veronica Rocha | February 11, 2009
GLENDALE — Retail analysts expect that consumers will be spending less on Valentine’s Day gifts this year than last year’s holiday, according to a survey. With consumer spending down, some Glendale and Burbank retailers, who bank on the holiday to make a profit, are concerned that the economic slump will stop customers from shopping at their stores. Jewelry store owner Jack Abadjian has noticed that customers are buying less and spending less on precious stones and metals at his shop, Montrose Jewelers.
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BUSINESS
By Jeremy Oberstein | November 28, 2007
BURBANK — Local and national retail agents reported robust sales during the first weekend of holiday shopping, leaving city officials pleased with Burbank’s economy, despite a lingering writers strike and housing downturn. “Friday and Saturday were great,” Burbank Town Center General Manager Alan Osadchey said. “Traffic was much heavier than last year and, if this is any indication, we’re looking forward to a strong holiday sales period.” The mall opened early the day after Thanksgiving for Black Friday, a day retailers hoped to improve their bottom-line sales figures by moving out from the red and into healthier profit margins.
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