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Retail R.I.P. on La Brea

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With five stores closed in four months on La Brea, is the boulevard where retail goes to die? California Apparel News cites Iconology, Publik Park, Lily Savitch, Sugar On La Brea, and Yellow as boutiques which shuttered in the span of four months, and poses whether La Brea will ever live up to what seemed like good retail potential. The trade reports that there are developments coming in, however, including a mixed-use project in the former Continental Graphics complex at La Brea and First Street. "The 130,000-square-foot project will house retail and residential lofts. A representative for developer Bomel Companies said the project is going through the entitlement process with the city of Los Angeles. There is no scheduled date for construction to begin." [California Apparel News]