Wherehouse closes a music store in Costa...
Wherehouse closes a music store in Costa Mesa
Wherehouse Entertainment Inc. is closing one of its Costa Mesa
stores as part of a broader restructuring after filing for bankruptcy
in January, a company spokeswoman said.
The Torrance-based company is closing 89 stores in the state and
190 across the country.
On Feb. 14, Wherehouse secured permission from a bankruptcy court
in Delaware, where the company is incorporated, to include its store
at 401 E. 17th St. on the closure list.
“That store will be closing,” Wherehouse spokeswoman Anita-Marie
Hill said. “The reason for closing it is they were under-performing.”
The updated closure list was filed in Delaware on Feb. 21. The
store was notified Jan. 31, Hill said. It’s set to close in late
April.
Between six and 10 employees at the store are expected to be laid
off. Liquidator Great American Group is selling off the merchandise
at each of the store locations at greatly reduced prices.
A second Costa Mesa store, at 2320 Harbor Blvd., will remain open,
Hill said.
American Vanguard Corp. purchases pesticide company
A subsidiary of Newport Beach-based American Vanguard Corp.
announced on Wednesday that it had purchased a company that sells a
line of snail-control products.
American Vanguard’s AMVAC Chemical Corp. purchased the product
line from Pace International. Pace’s “pre-harvest crop protection”
business is expected to add between $4 million and $5 million in
additional annual sales.
AMVAC currently markets and sells Durham and Trails End slug and
snail control products. Pace sells Hivol 44 is used to protect citrus
trees. AMVAC also acquired Hinder, a deer and rabbit repellent, and
Supreme 415 Oil, which is used to control insects in fruit and nut
trees.
Publicly owned American Vanguard trades on the American Stock
Exchange under the symbol AVD. It closed Friday at $22.08, down
0.54%.
All the latest on Orange County from Orange County.
Get our free TimesOC newsletter.
You may occasionally receive promotional content from the Daily Pilot.