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Retail sales were strong in December

Clothes, gift cards top holiday shopping lists

U.S. retail sales were strong in December, helped by two holiday shopping days during Thanksgiving weekend that fell during the last month of the year, according to National Retail Federation. Total retail sales, not counting automobiles and gasoline were up 1.7 percent seasonally adjusted month-over-month and up 7.2 percent unadjusted …

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Inland industrial sees drop in lease rates

IE manufacturing

The Inland Empire industrial market sustained a 14 percent drop-in lease rates during the fourth quarter of 2024, one of five major industrial markets to experience a double-digit decrease during that time. The Empire region also recorded 46 million square feet of new leases during the last three months of …

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Maker of electric trucks lands in Riverside

Eastvale lands electric vehicle service center

A Sunnyvale company that makes commercial electric trucks is coming to Riverside. Voltu Motor Inc., whose vehicles are favored by many municipal governments, will establish its global headquarters in the city, according to Riverside and Voltu officials. The facility is expected to begin producing vehicles during the third quarter of …

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Kohl’s to shut down San Bernardino fulfillment center

Kohl’s to shut down San Bernardino fulfillment center

Kohl’s will close its E-commerce fulfillment center in San Bernardino this May. The 24-hour facility at 825 Central Ave., which has operated since 2010, will shut down when its lease expires, according to a statement on the company’s website. The department store chain also plans to close 27 underperforming stores …

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Johnson named hospital’s chief financial officer

Johnson named hospital’s chief financial officer

Zachary Johnson has been named chief financial officer of Temecula Valley Hospital. Johnson is in charge of budgeting, financial planning, revenue cycle management, and strategic fiscal initiatives, according to a statement on the hospital’s website. “I am thrilled to be joining the Temecula Valley Hospital team and to contribute to …

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Medina joins Riverside County board

Medina joins Riverside County board

Jose Medina is the newest member of the Riverside County Board of Supervisors. A former state assemblyman, Medina was sworn in Jan. 7, the board’s first meeting of this year, according to a statement on the county’s website. Medina represents the first district, which includes Riverside, Perris and the unincorporated communities …

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