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Sacramento Business Journal
The Boulevard owner accuses Philz Coffee of breaching contract
Plans for Philz Coffee to open a new location in a Campus Commons retail center are in doubt following a lawsuit filed by the project's developer.<\p> The San Francisco-based coffee chain was among the first set of tenants announced for The Boulevard, located at the corner of Howe Avenue and Fair Oaks Boulevard in Campus Commons. Philz Coffee signed a lease for a 1,743-square-foot space in the center's east building, joining other planned tenants including Urban Plates, Chip Cookies and Tasty Dumpling. The Boulevard is owned by local developer Paul Petrovich.<\p>
Salon suite franchise entering area with two planned locations
A fast-growing salon suite franchise is entering the market with locations in Granite Bay and El Dorado Hills, expected to open by early 2025.<\p> Salt Lake City-based Image Studios describes itself as a leading franchisor of "ultra modern, upscale, turnkey salon suites," according to a recent news release. The chain offers spaces for rent to independent beauty and wellness professionals ranging from hair stylists, barbers and medical spa professionals to estheticians, tattoo artists and massage therapists.<\p>
5 things: New bar opening this weekend in Downtown Commons
Welcome to Wednesday, loyal readers. Here's what you need to know today.<\p> Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox.<\p>
Home solar installer is cutting jobs in Elk Grove, statewide
SunPower Corp., a 39-year-old player in the solar and photovoltaic industry, is cutting staff through the state after filing for bankruptcy this week.<\p> The cuts include the permanent closure of SunPower’s (Nasdaq: SPWR) operation in Elk Grove, which has 16 employees.<\p>
Why this drive-thru restaurant property sold even before it opened
A few more weeks will pass before a single carnitas-stuffed burrito is sold at a Chipotle Mexican Grill in Rancho Cordova, but the property is already in the hands of a new owner.<\p> Hanley Investment Group brokered the sale of the fast-casual outlet opening next month in Anatolia Marketplace to MCT Alpha LLC last week, according to records.<\p>
Roseville company doubles down in Fresno office equipment market
Roseville-based WiZiX Technology Group Inc. has acquired California Business Machines Inc. in Fresno, doubling down on that territory in the San Joaquin Valley.<\p> WiZiX has now completed seven acquisitions in seven years, and it may have another deal ready to close in months, said CEO and founder Gary Johnson.<\p>
Folsom's Palladio adds children's clothing retailer
Children's apparel retailer Carter's Inc. is joining Folsom's Palladio at Broadstone.<\p> The retail center's online directory says Carter's (NYSE: CRI) is coming soon to a space at 260 Palladio Parkway, Suite 1011. Palladio General Manager Gloria Wright confirmed Carter's will fill a 3,600-square-foot space next to Hi Hi Mochi. The store is expected to open in late 2024, according to Wright.<\p>
Here's what's happening at Sutter Health Park before the A's arrive
While the Athletics wrap up their long tenure in Oakland over the next two months, their future landlords have spent millions on their home for the next few years in West Sacramento.<\p> According to city records, the Sacramento Kings have gotten about $5.2 million worth of permits to improve Sutter Health Park, where the A's will play for at least three years before a planned permanent move to Las Vegas.<\p>
Macy's considering closing longtime Downtown Sacramento store
After decades of operation in Downtown Sacramento, Macy's Inc. is considering closing its store near Golden 1 Center.<\p> The New York City-based retail giant announced in February that it would be closing 150 "underproductive locations" by the end of 2026 as part of a plan the company expected would generate up to $750 million in proceeds. Following the closures, the company would still have approximately 350 locations operating. <\p>
Downtown Sacramento business incubator program taking applications
The Downtown Sacramento Partnership is accepting applications from entrepreneurs and business owners interested in participating in its annual Calling All Dreamers program.<\p> The program began in 2013 and assists local entrepreneurs in opening a retail storefront in the Downtown area. Winners of the annual program, now in its 12th year, are awarded a startup package of $20,000 in cash and in-kind benefits, while second place is awarded $10,000 in cash and all other finalists who complete the program are awarded up to $5,000 each if they end up opening a business Downtown.<\p>
5 things: Frozen yogurt chain Pinkberry opens new location
Welcome to Tuesday, loyal readers. Here's what you need to know today.<\p> Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox.<\p>
How local restaurants fared in latest round of Michelin stars
Sacramento's list of Michelin-starred restaurants hasn't changed.<\p> Localis and The Kitchen, two fine dining restaurants in Sacramento, retained one star each when this year's honorees were announced Monday in a ceremony at The Ritz-Carlton, Half Moon Bay. No additional local restaurants received a Michelin star.<\p>
West Sacramento eyes possible purchase of two motel properties
West Sacramento is exploring the potential acquisition of two more residence motel properties near the city's downtown.<\p> On the City Council's closed session agenda this week, council members will vote on starting negotiations toward purchase of properties that correspond to existing motels at 1501 and 1841 W. Capitol Ave.<\p>
Here's who bought a closed 99 Cents Only site on Northgate
A closed 99 Cents Only store on the Northgate commercial corridor in Sacramento has a new owner.<\p> Records show Uriel Barajas and Juvenal Barajas, co-owners of the La Superior Supermercados grocery chain, bought the former store property at 2351 Northgate Blvd. in recent weeks for $4.5 million.<\p>
CapRadio donors sue over fellowship that Sac State isn't offering
Two longtime supporters of Capital Public Radio are suing the station, claiming fraud and breach of contract over a fellowship they funded but which the public radio station’s sponsor, California State University Sacramento, says it now cannot continue.<\p> Following a critical audit last September that found that the nonprofit radio station was in imminent financial peril, Sac State, as the license holder for CapRadio, took over control of station.<\p>
Manager of this fast-growing local city will retire
Elaine Andersen, the city manager who led Folsom through the Covid-19 pandemic, is retiring at the end of the year.<\p> Andersen announced her planned retirement in a news release Monday. When Andersen retires in late December, she will have held the city manager role for about 6 1/2 years, according to the news release. She has worked for the city for nearly 20 years overall.<\p>
Airport breaks ground on $1.3 billion improvement program
The Sacramento International Airport broke ground on a new pedestrian walkway Monday, marking the beginning of the first project in a $1.3 billion airport renovation program that is expected to last for the next three years. <\p> "With passenger numbers on track to break records again this year, this project is essential to meeting the demands of today and tomorrow,” Sacramento County Supervisor Patrick Kennedy said, in a statement. <\p>
Sac State releases forensic audit of CapRadio
A forensic audit of Capital Public Radio commissioned by California State University Sacramento found potential misuse of credit cards and the appearance of conflicts of interest in real estate and business purchases related to the operations of the National Public Radio-affiliated station licensed to the university.<\p> The report, released by the university Monday, is dated July 29, and is heavily redacted, removing all names of people involved.<\p>
Placerville restaurant featured on Food Network is closing
A downtown Placerville restaurant that rebranded more than two years ago is shutting down.<\p> Rocker Oysterfeller's at 564 Main St. will have its final day of business today, operators announced on Facebook. "We are incredibly grateful for the support and love you have shown us over the years throughout our journey here. It's a beautiful town," the announcement states.<\p>
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