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Kern unemployment at 13.9 percent in September Pre-Halloween Christmas displays Read Florez's letter to the PUC Know Your Farmer, Know Your Food Text of Jerald Teixeira plea agreement What are your kids (or you?) going to be for Halloween? Update on Forever 21 opening at Valley Plaza First-time homebuyer credit still available Facts on Kern come out in American Community Survey What can you get for your money? See our home sales map January 08 February 08 March 08 April 08 May 08 June 08 July 08 August 08 September 08 October 08 November 08 December 08 January 09 February 09 March 09 April 09 May 09 June 09 July 09 August 09 September 09 October 09 November 09 Contact us with your news and information: Christine Peterson, cpeterson@bakersfield.com, 395-7418 John Cox, jcox@bakersfield.com, 395- 7345 Courtenay Edelhart, cedelhart@bakersfield.com, 395-7372 E-mail & PrintGet e-mail updates from this blog, and download a PDF to print on the go with the Money Talks Printcast.
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After a failed, last-minute attempt to sell itself to investors who would have kept bankrupt Gottschalks Inc. open, a group of liquidators has emerged as the winning bidder and will shut down the 105-year-old department store chain. Liquidation may begin as soon as Thursday, and is expected to conclude on or before July 15, according to a news release issued Tuesday. — Courtenay Edelhart Click on the blue boxes to read original documents related to the court case for yourself!
Chuck E. Cheese’s has applied for a permit to add about 3,000 square feet to its 12,023-square-foot store at 3760 Ming Ave. Chuck E. Cheese’s is owned by CEC Entertainment, Inc., which is based in Irving, Texas. CEC spokeswoman Brenda Holloway confirmed the expansion plans, but said there is no firm timeline for construction. If the project is approved, the restaurant will hire additional employees, Holloway said, but she didn’t know how many. — Courtenay Edelhart Since our original post Monday, we now have more details about the plans. Read the full story here.
Go & Do What: Greater Bakersfield Chamber of Commerce Business After Hours Trade Show Mixer, sponsored by Bright House Networks Business Solutions. It features 50 exhibitors, hors d’oeuvres, prize giveaways and networking. Where: DoubleTree Hotel, 3100 Camino del Rio Court When: 5:30 to 8 p.m. Thursday More: General admission is $5, or a free admission coupon is available at bakersfieldchamber.org. Reservations are not required. Call 327-4421.
Go & Do What: Central Valley Business Summit powered by the Executives’ Association of Kern County. It includes two speakers and a vendor fair. The theme is “Green for Green.” Where: Marriott Hotel, 801 Truxtun Ave. When: 7 to 10 a.m. Wednesday, March 25 Speakers: Carol Tombari, manager, National Renewable Energy Laboratory, talking about renewable energy, energy efficiency and environmental impacts. More: Call 634-0641, go to www.eakc.com or buy $75 tickets at the door.
What deals are out there? See our home sales map. We regularly publish single-family home sale transactions that occurred between individuals, as well as foreclosures. The homes are color-coded by price, with information from First American Real Estate Solutions compiled by reporter Jenny Shearer. Highlights for Jan. 26 to 31: 87 homes are newly listed on the map. Priciest? One sold for $625,000 in the 93306 ZIP code. It was 3,973 square feet. Cheapest? One sold for $37,500 in the 93308 ZIP code. It was 1,544 square feet. Any comments on the prices? — Christine Peterson
Location:
1416 18th St.,
Bakersfield, CA
Curl Up and Dye!, a salon and boutique that opened downtown on Feb. 24, will hold a grand opening celebration from 4 to 7 p.m. Saturday at the salon, 1416 18th St. All merchandise is 15 percent off, and a portion of proceeds benefits the Society for the Prevention of Cruelty to Animals. Valentien Restaurant and Wine Bar will serve complementary food and drinks. Owned by Claudette and Janae Hulsey, Curl Up and Dye! signed a two-year lease and has five workers, including three independent stylists renting booth space. The 900-square-foot business sells salon products, “edgy, funky” baby products, jewelry and accessories. — Courtenay Edelhart Kayzie’s Collection, a women and children’s boutique that until recently sold toys, clothes and baby products at The Marketplace, has reinvented itself as an online retailer of dolls and figurines. Kay Wilson, co-owner of the store with daughter-in-law Carol Wines, will now sell exclusively at Kayzies.com. The e-retailer features Lee Middleton Newborn Nursery Adoption Babies, which “nursing staff” deliver to the buyer’s home, party or other special event via a custom PT Cruiser. The Web site also will sell Wee Forest Folk collectible figurines. The 1,400-square-foot store at The Marketplace closed in February because the family was wary of renewing a long-term lease in a soft economy. — Courtenay Edelhart I decided this weekend it was time to try Chick-fil-A. Reporter Courtenay Edelhart had written about the chicken place before it opened, then saw people camped out for 24 hours before the official opening. So what's the draw? I went around 1 p.m. Saturday and the place was PACKED. The line was out the door. The drive-through snaked around the parking lot. I parked by Mexicali. I contemplated leaving. Did I really need to eat a chicken sandwich? But I was on a "research mission" — I wanted to see why people were so attracted to this place. Here's what struck me: The chicken on the regular chicken sandwich is breaded, and then it's on a bun. So it's a double-dose of breading. A friend of mine said that's likely part of what makes it good. It had to be the juciest chicken sandwich I've tried. The customer service was great, with staff members making rounds asking customers if they'd like refills on their drinks. I asked the person who offered me a refill if they'd been this busy all along. She said it had slowed down "a little." She didn't sound convinced, though! — Christine Peterson There are lots of deals as home prices fall. See our sales map. We regularly publish single-family home sale transactions that occurred between individuals, as well as foreclosures. The homes are color-coded by price, with information from First American Real Estate Solutions compiled by reporter Jenny Shearer. Highlights for Jan. 19 to 25: 90 homes are newly listed on the map. Priciest? One sold for $512,500 in the 93311 ZIP code. It was 2,774 square feet. Cheapest? One sold for $55,500 in the 93308 ZIP code. It was 765 square feet. Any comments on the prices? Anyone out there buying? — Christine Peterson The daily deluge of bad economic news is enough to make you wince just opening the paper. We could all use a little good news, so why not share yours? Send us 100 words or less about your job and why you love it, along with a picture of you at work. Here’s how: Online at Bakersfield.com/youreport E-mail to jbaldwin@bakersfield.com Text by cell phone to mobile@bakersfield.com Drop off at 1707 Eye St., Bakersfield Mail to Jennifer Baldwin, The Bakersfield Californian, P.O. Bin 440, Bakersfield, CA 93302-0440 Questions? Call 395-7568. Find the Right One® with hiring solutions from Hot Jobs and The Bakersfield Californian. In this hour-long presentation, let our Recruitment Specialists show you how to: Drive more targeted candidates to your jobs Position your company and brand in front of the Bakersfield’s largest audience of active and passive job seekers Boost the performance of your job listings with our innovative recruitment media products Tuesday, March 17th Register by contacting Mary Russo at 395-7318 or mrusso@bakersfield.com.
Many organizations have supported CASA, the Court Appointed Special Advocates of Kern County. Here are some notable donations: The Rotary Club of East Bakersfield provided $1,500 in backpacks and school supplies so CASA children were ready for the school year. Aera Energy LLC printed 40 copies of the CASA volunteer training manual. Steve Barter of Tejon Ranch (designed), Castle Print and Publications (printed), Junior League of Bakersfield (addressed), and students from West and South high schools and The Exchange Club of Bakersfield (stuffed and sealed) the CASA Holiday Appeal. Klassen Corp. collected holiday toys and items for CASA teenagers. Barnes and Noble collected books from customers for each of our CASA children. Casa received a $10,000 grant from the Bank of American Charitable Foundation. Bright House Networks produced and ran our recruitment spot. Kaiser Permanente awarded a $15,000 community service grant to continue our “Tweens” Project. Thanks goes to the County of Kern for its $135,000 support of “stand up for children.” Target awarded CASA a $1,000 grant for the “Let’s Read Program” and a $3,000 case management grant. San Joaquin Community Hospital printed 6,000 CASA fliers. Bakersfield Blades Figure Skating Club hosted a benefit ice skating party for foster children and fundraiser for CASA at the Bakersfield Ice Sports Center on Dec. 14. Wells Fargo awarded a $2,500 technology grant. Univision produced and ran our Spanish recruitment spot. This year’s Volkslauf awarded $17,500. — “Speak Up!” the CASA newsletter CASA of Kern County was recently awarded a $10,000 grant from Jewelers for Children to increase the number of volunteers who represent abused and neglected children in court. The award is part of a $1 million grant that JFC made to the National CASA Association. CASA of Kern County started in 1994. We have trained more than 602 advocates and have served 1,668 dependent foster children in Kern County. Our next volunteer training is scheduled to begin in mid-May. Contact CASA of Kern County at 631-2272 or visit kerncasa.org.
Local oil producers’ complaints that their regulators should be exempt from state worker furloughs have been duly added to the pile. The industry’s primary regulatory body — the state Division of Oil, Gas & Geothermal Resources — is funded through a tax on oil produced in California. Even so, the division’s workers remain state employees subject to the governor’s budget knife, a spokeswoman for the state Department of Personnel Administration said Tuesday. Lynelle Jolley added that she knows of “thousands” of attempts to secure exemptions to the 16-hours-a-month furloughs, all of them based on various departments’ funding sources. So far, she said, none has succeeded. — John Cox The Bra Shoppe’s expansion gamble seems to be paying off. The southwest Bakersfield store at 600 Coffee Road sells custom lingerie to women who want underclothes tailored to their unique body shape and size, including many breast cancer survivors. In November, the shop moved from a 960-square-foot store to a 2,100-square-foot space in the same plaza. In September, the company opened a second location in Wilmington, N.C., run by the daughter of Bakersfield store owner Susan Pudiwitr. Expanding in a recession wasn’t a sign of optimism about the economy. “We had it all in the works before everything hit the fan,” Pudiwitr said. “But we’re doing fine.” — Courtenay Edelhart While skimming through bankruptcy filings, reporter Gretchen Wenner discovered a nice handwritten note, sent from — well, Nice, Calif.
Dear Sir: Regarding the bankruptcy of Gottschalks, I hope you will consider the many small stockholders of Gottschalks. This is a small town type of business. In many instances, the only store of its kind nearby. Gottschalks has a very loyal following. Many of these small stockholders bought the stock to help the store and to be a part of it. It would be sad to lose both their money and their store. Sincerely, Read more of our stories about Gottschalks. Layoffs are gathering momentum as the economy continues to slow. But hold on a second, trigger-happy managers: The Greater Bakersfield Chamber of Commerce sponsored a seminar Tuesday called, “Cost of Vacancy: Will saving a salary really save your company money?” Reporter Courtenay Edelhart listened in for a column for the April issue of Kern Business. For now, the highlights: Guest speaker Anne Michael, national sales trainer for Act 1 Personnel Services, gave about 25 business leaders specific math formulas they could use to calculate the real cost of leaving positions vacant, including blows to productivity, sales, morale and customer service. “A company is only as good as its best employee, or sometimes, its weakest,” Michael said. It’s not that cuts are inherently a bad idea, she added. In these lean times, nobody can afford employees who aren’t pulling their weight. But Michael advocates careful, “surgical” cuts, not broad chain saw cuts. — Courtenay Edelhart Looking for work? This press release came over to us. We're sharing it as is for anyone who might need some ideas. This comes from Rebecca Metschke, career consultant and author of The Interview Edge. A press release straight from the state attorney general's office: Brown Warns Homeowners that Scam Artists are Using Forged Letterhead of Lenders to Con Californians
A bankruptcy court in Delaware approved an incentive program for senior executives at Gottschalks. Click on the document to the left for more details.
Today's fun and games from bankruptcy filings: Gottschalks executives have stopped making $40,000 monthly payments on their private jet but continue to fly it anyway. Now the lender wants the bankruptcy judge to OK a repo. Gottsie borrowed $3 mill for the Cessna 525 in summer 2006, a rosier time for sure. The repo request follows previous filings from execs wanting bonuses to stick around during the bankruptcy process. Buck up, CEOs! The view from 99 ain't bad at all...
-- Gretchen Wenner, staff writer
Whew! Home prices are falling. See just how much by taking a peek at our home sales map, covering Jan. 5 to 11. It’s posted here. We regularly publish single-family home sale transactions that occurred between individuals, as well as foreclosures. The homes are color-coded by price, with information from First American Real Estate Solutions compiled by reporter Jenny Shearer. Highlights for Jan. 5 to 11: • 107 homes are new on the map. • Priciest? One sold for $775,000 in the 93314 ZIP code. It was 3,710 square feet. • Cheapest? One sold for $25,000 in the 93307 ZIP code. It was 1,152 square feet. Comments on the prices? — Christine Peterson |