Foothill Retail Corridor

This month’s entry focuses on the closures and layoffs of just Los Angeles County, rather than including nearby areas such as Chino or neighboring Orange County cities, simply because the list is growing too large.

What I find interesting in this list is the number of medical jobs being eliminated (City of Hope 185 employees and Antelope Valley Hospital 45 employees). Supposedly medical jobs are one of the growth industries. Not surprising, aerospace is taking another hit, with Ball (120), JPL (33) and Northrup (75) eliminating a total of 228 positions. With budget cutbacks and aerospace moving out of California, I think this trend will continue.

If there is any good news for the local economy, I’m not seeing it yet. Here is the latest round of closures and layoffs.

AJ Wright stores are closing throughout Southern California. The discount retailer is affiliated with T.J. Maxx, Marshalls, and Homegoods.

And, another sign of the changing times, Technicolor is closing its release print operations in North Hollywood, impacting nearly 400 jobs.

Although this list of closures and layoffs may not include cities in the Foothill Retail Corridor, nonetheless, they are an indication of the economic climate in the region.

Village Roadshow Gold Class Cinemas has announced the layoff of 53 employees effective November 30, 2010. The upscale theatre boasts very comfortable reclining seats, food service at your seat, and blankets and pillows upon request.

The theatre is located in the One Colorado Boulevard retail complex, with an address of 42 Miller Alley.