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Locations in Encino and Calabasas are expected to be shuttered by the end of the year. Developer Rick Caruso said he has already leased the Encino space to CVS Caremark (Caruso tells the Daily News that he's trying to convince Barnes & Noble to keep the Calabasas store). Get used to the B&N closures - the struggling book store chain has several hundred leases up for renewal in the next four years and there's no way that they will all stay open.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
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Bobcat crossing
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.