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Stover named Cardenas’ CEO

Eric Stover has been named Cardenas Markets’ division chief executive officer. Currently the Ontario-based supermarket chain’s chief merchandising officer, Stover will continue to report to Doug Sanders, chairman and chief of Heritage Grocers Group, according to a statement released Wednesday. Heritage Grocers is Cardenas’ parent company. “Eric is a strong …

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CVB Financial announces another dividend

cash dividend

CVB Financial Corp. in Ontario has announced a 20 cents-per-share dividend for the first quarter of 2023. That dividend, approved Wednesday by CVB’s board of directors at the board’s regularly scheduled meeting, will be payable on or about April 19 to all shareholders of record on April 5, according to …

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SoCal median home sale price drops

Southern California’s median home-sale price declined in February to $690,000, a 0.3 percent year-over-year drop, according to data released today. That number includes new and resale homes and resale condominiums in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura counties, according to CoreLogic in Irvine. Not enough houses …

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Inland entrepreneurship report to be released

Inland Empire Center for Entrepreneurship is accepting applications

The Inland Empire Center for Entrepreneurship will present its second annual State of Entrepreneurship report next week. The event is scheduled to be held from 5-7 p.m. March 30 at TopGolf in Ontario, 1050 N. Archibald Ave., according to a statement released Tuesday. “Entrepreneurship is vital for the economic success …

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Riverside business park lands major tenant

The second phase of a 72-acre business park will be occupied by a single tenant. Logistics Plus Warehousing & Fulfillment, Inc., a third-party logistics company based in Erie, Pennsylvania, has signed a five-year lease to occupy Columbia Business Park II, according to a statement released Monday by Trammell Crow Co. …

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