As Other Retailers Falter, La Curacao Strikes Again

LOS ANGELES-Fast-growing La Curacao has signed a $23.8-million lease to open a 100,000-sf store not far from Downtown, the latest example of how many retailers that cater to the nation’s burgeoning Latino population are thriving even as old-line chains such as Montgomery Ward go out of business.

Terms of the 15-year deal call for La Curacao to co-anchor Pacific Center, a shopping complex on the southeast corner of Slauson Avenue and Pacific Boulevard in Huntington Park. The company, which some have called a Latin-style version of Wal-Mart, is a high-volume retailer that offers everything from perfume and toys to computers and furniture under a single roof.

The Huntington Park store will be LA-based La Curacao’s fourth in the area, and the second it has launched in the past few months. Last fall, it opened a 106,000-sf complex that co-anchors a shopping center in nearby South Gate.