The same private equity firm that purchased Subway last year has acquired an emerging fast-casual powerhouse.

Dollar Tree on Wednesday said that higher tariffs on imported products would have a significant impact on its second-quarter profitability, although it expected to recover over the course of the year.

President Donald Trump’s ability to unilaterally impose sweeping tariffs was restored Thursday, less than 24 hours after a judge said they had no legal justification.

Burger King is giving its restaurants a make-over.

The fast-food giant plan to remodel about 400 of its locations this year, according to a report by USA Today.

The Santa Monica City Council has approved a new Entertainment Zone along the Third Street Promenade, allowing adults to consume alcoholic beverages outdoors with a phased implementation beginning next month.

Rite Aid Corporation, one of the nation's largest pharmacy chains, is preparing to close all of its remaining stores as part of ongoing bankruptcy proceedings.

A stretch of Pacific Coast Highway (PCH) was fully closed in both directions on Saturday due to flooding and debris flows caused by rainfall near State Route 27 (Topanga Canyon Boulevard), Tuna Canyon, and Big Rock, following a late-season storm.

City Council members unanimously directed staff to develop a more ambitious entertainment zone for the Third Street Promenade this week, rejecting a limited pilot program in favor of a permanent, seven-days-a-week allowance for open container alcohol consumption throughout the area.

We present evidence suggesting that Measure ULA has reduced higher-end real estate transactions in Los Angeles. Since Measure ULA was enacted, the odds of a Los Angeles property selling at a price above its tax threshold have fallen by as much as 50%.

Sam’s Club is ramping up its expansion along with its investments in existing stores.

California Governor Gavin Newsom has signed several executive order aimed at accelerating the rebuilding of fire-ravaged communities in Los Angeles County. A new order, announced on Thursday, March 27, suspends permitting and environmental review requirements to fast-track infrastructure repairs and prevent future wildfires.

Duke’s Malibu, a popular beachfront restaurant on the Pacific Coast Highway, has given us hope with a social media update on March 25 after online fears and rumors that the PCH institution might not return after all.

Federal Reserve officials held the central bank’s benchmark interest rate flat Wednesday, indicating that they plan to wait for President Donald Trump's early trade moves to percolate through the economy before they act.

Residents of Santa Monica are no longer taken aback by the crippling state of the Third Street Promenade – for some it is a normalcy they have always known, and for others, it is a fall from grace they have come to accept.

Stephen Dacus, current lead outside director of the board, will take over as the company evaluates a takeover bid from Alimentation Couche-Tard.

In a former clothing store in Santa Monica, young entrepreneurs hawk products live on TikTok, sometimes in marathon sessions that last many hours.

Dutch Bros ended its fiscal year on a high note, with better-than-expected earnings and revenue amid store as well as transaction growth.

Consumers pulled back on spending in January after a stronger-than-expected holiday season.

CoStar suggests that the CRE market could be on the rebound, but remains fragile, with potential risks that could disrupt recovery in 2025.

As the industry still struggles to measure and mitigate shrink, there’s now less data than ever.

As of this morning, the Palisades Fire has reached 77% containment, having burned 23,448 acres.

Joann has filed for Chapter 11 bankruptcy protection for the second time in less than a year.

Posts have appeared on the social media platform Nextdoor showing a sign placed on the windows of the popular high street clothing store, H&M, stating that it's closing on Saturday January 11 and the Daily Press can confirm that this is indeed correct.