IN BRIEF.Wal-Mart Stores Inc. confirmed Friday that it will open its first central city store in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. at the Baldwin Hills Crenshaw Plaza Baldwin Hills Crenshaw Plaza (BHCP) opened in November 1947 in Los Angeles, California as the Broadway-Crenshaw Center with 550,000 square feet (51,000 m²) and 13 acres of parking. . Wal-Mart will renovate a three-story, 150,000-square-foot anchor store anchor store n. A large store, such as a department store or supermarket, that is prominently located in a shopping mall to attract customers who are then expected to patronize the other shops in the mall. formerly occupied by Macy's. The store is expected to open in the first half of next year at the center on West Martin Luther King Jr. Boulevard. - Associated Press EARNINGS Iwerks Entertainment Inc. Burbank-based creator of filmed entertainment and ride simulation attractions 2nd Qtr. 2000 1999 Sales $9.16 million $8.65 million Net Income (Loss) ($1.88 million) ($821,000) Net Per Share (Loss) (55 cents) (23 cents) Iwerks President and Chief Executive Charles Goldwater resigned abruptly three days before this earnings report was released late Friday afternoon. Company co-founder Don Iwerks was named interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . |
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