Los Angeles is the second-largest city in the United States after New York City, the most populous city in the U.S. state of California, and the county seat of Los Angeles County. Nicknamed the City of Angels, Los Angeles is a global city with a diverse economy in entertainment, culture, media, fashion, science, sports, technology, education, medicine and research. It has been ranked sixth in the Global Cities Index and 9th Global Economic Power Index. The city is home to renowned institutions covering a broad range of professional and cultural fields and is one of the most substantial economic engines within the United States.
The Los Angeles combined statistical area (CSA) has a gross metropolitan product (GMP) of $831 billion (as of 2008), making it the third-largest in the world, after the Greater Tokyo and New York metropolitan areas. Los Angeles includes Hollywood and leads the world in the creation of television productions, video games, and recorded music; it is also one of the leaders in motion picture production. Los Angeles hosted the Summer Olympic Games in 1932 and 1984, and is currently bidding for the2024 Summer Olympics.
The economy of Los Angeles is driven by international trade, entertainment (television, motion pictures, video games, music recording, and production), aerospace, technology, petroleum, fashion, apparel, and tourism. Other significant industries include finance, telecommunications, law, healthcare, and transportation. Three of the six major film studios—Paramount Pictures, 20th Century Fox, and Universal Pictures—are located within the city limits. Los Angeles is the largest manufacturing center in the western United States. The contiguous ports of Los Angeles and Long Beach together comprise the fifth-busiest port in the world and the most significant port in the Western Hemisphere and is vital to trade within the Pacific Rim.
The Los Angeles–Long Beach metropolitan area has a gross metropolitan product of $866 billion (as of 2015), making it the third-largest economic metropolitan area in the world, after Tokyo and New York. Los Angeles has been classified an “Alpha world city” according to a 2012 study by a group at Loughborough University.
FOREVER FLAWLESS Store-Century City Shopping Center
The Forever Flawless Store is located in Westfield Century City, formerly known as Century Square Shopping Center, a two-level, 900,000-square-foot outdoor shopping mall in the Century City commercial district in Los Angeles, California. It is owned by Westfield Corporation. Its anchor stores include Bloomingdale’s, Macy’s, a Gelson’s supermarket, and a 15-screen AMC multiplex. It is currently undergoing an $800 million expansion, which will add a Nordstrom flagship store.
Westfield Century City opened in 1964 as the Century Square Shopping Center, anchored by The Broadway. In 1976, the mall’s parking lot was turned into an expansion of the mall, bringing a Bullock’s and several new retail stores. An AMC cinema and a new food court, referred to as “The Marketplace” opened in 1987. In 1996 both The Broadway and Bullock’s closed when The Broadway’s struggling parent Carter Hawley Hale was acquired by Federated Department Stores. Federated converted The Broadway store into Bloomingdale’s and the Bullock’s into a Macy’s. Australian shopping center developer Westfield Group acquired a 50% stake in the shopping center in 2002 and renamed it “Westfield Shopping town Century City”. The Shopping town moniker was dropped from all Westfield properties in 2005.
In 2004, Westfield initiated a $160 million renovation. The renovation replaced the 1980s-era food court and movie theater with an alfresco Dining Terrace and a flagship 15-screen AMC cinema. The renovation also brought a new two-level retail building housing a Borders bookstore and a Container Store on the top level and numerous retailers on the bottom, a reskin of the existing Bloomingdale’s store, the addition of a restaurant row facing Santa Monica Boulevard, and a general remodeling of the center. The Borders Bookstore went out of business in 2011.
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