Skechers USA Inc., the worldwide footwear and clothing chain, will occupy a 366,700-square-foot industrial building in Moreno Valley. The Manhattan Beach-based company has signed a three-year lease to occupy the property at 22705 Newhope St., according to Westcore Properties. The lease is worth $5.5 million. Skechers needs the space because …
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A Canadian investor has bought two multifamily properties in San Bernardino. Vista Group Inc., a Calgary-based condominium rental agency, purchased the complexes at 1340 N. F St. and 3943 N. H St. for a combined $8 million, according to CBRE Group Inc. Ontario. The F Street property has six studio, …
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Toys R Us is planning to close 182 stores nationwide, including 15 in Southern California and three in the Inland Empire. The closures, which were recently announced, make up 20 percent of the company’s U.S. locations, according to published reports. The New Jersey-based retailer filed Chapter 11 bankruptcy protection in …
Read More »The Inland Empire company will conduct operations at six airports in China, according to an agreement that took two years to complete. Threshold Aviation Group will soon be conducting business in China. The company, based at Chino Airport, has signed an agreement to set up and operate training centers for …
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Lowe’s plans to hire more than 53,000 full and part-time seasonal employees to help with its annual springtime rush, the company has announced. More than 3,700 of those hires will be in California, including 650 at stores in Riverside and San Bernardino counties, said Steve Salazar, spokesman for the North …
Read More »Ontario-base CVB Financial Corp., the parent company of Citizens Business Bank, had net income of $17.9 million for the fourth quarter of last year. That figure – 16 cents per share – was down from $27.1 million compared with the fourth quarter of 2016, the company announced Wednesday. However, that …
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IE Business Daily Business news for the Inland Empire.
