May Co. has bowed out of the proposed expansion of the Santa Anita Fashion Park. As a result, the project's price tag should drop from $75 million to approximately $32 million.
Vons Market, which operates 328 grocery stores in Southern California, has moved its corporate headquarters from El Monte to Michillinda Avenue, between Sunset Boulevard and Huntington Drive. The 240,000 square foot building, a former May Co. store that closed in January 1989, will house 950 Vons employees.
H. D. Cowan Co., Inc., manufacturer of fixtures for stores, banks and office buildings, will open a new manufacturing facility at 130 N. First Street. This property was formerly a furniture manufacturing facility.
Threatened with a law suit, Arcadia may relax an ordinance governing adult business, clearing the way for an all-nude striptease club proposed for an industrial area.
A fast-growing medical software company in Arcadia, Software Technologies Corporation, recently introduced the first product that allows health-care providers to use the Internet for transmitting confidential information.
Brian Osier and Mark Thompson, co-owners of Teamates Sporting goods, are organizing a benefit tournament to help the family of Rob Edgell, a West Covina resident who died in May, leaving behind a wife and four children and no life insurance.
A Los Angeles-based investment firm will infuse the Santa Anita Cos. with $138.3 million to transform the race track and shopping mall business into a broad-based sports, leisure and entertainment company.
Lou and Juli Costanzo, 37, are co-owners of Champion Sports Collectibles, which recently moved to Arcadia after 10 years in San Gabriel. They are profiled.