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Borders to close Santa Barbara store

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Borders to close Santa Barbara store

National book retailer Borders is closing its downtown Santa Barbara store amid a nationwide wave of store closings. Jason Roy, the general manager of the 900 State St. location, told the Business Times on Nov. 16 that the store would be closing in January. “It’s sad that this Borders is leaving State Street,” said Roy, Read More →

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Deckers weighing Carpinteria, Goleta, airport properties

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Deckers weighing Carpinteria, Goleta, airport properties

As Ugg boot company Deckers Outdoor Corp. strides toward a new South Coast headquarters, sites in Carpinteria, Goleta and at the Santa Barbara Municipal Airport have surfaced as potentially perfect fits.

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Ventura County launches eco-devo ad blitz

By   /  Monday, November 15th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on Ventura County launches eco-devo ad blitz

A coalition of economic development groups in Ventura County launched a federally funded campaign on Nov. 15 to sell the county as the ideal spot to build a business. The initiative is headed by the Workforce Investment Board of Ventura County, with participation from the Economic Development Collaborative-Ventura County, chambers of commerce in the county Read More →

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Santa Barbara restaurant owner sells Seagrass

By   /  Monday, November 15th, 2010  /  Latest news, Small Business  /  Comments Off on Santa Barbara restaurant owner sells Seagrass

Prolific Santa Barbara restaurateur Mitchell Sjerven announced Nov. 15 that he has sold Seagrass Restaurant to a family that recently relocated to Santa Barbara. Terms of the deal were not disclosed. The buyer is the Perez family: chef Robert Perez, his wife, Marianna Perez, and their sons Ruben and Richard. They moved recently from Nevada Read More →

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Inphi shares climb on first day

By   /  Thursday, November 11th, 2010  /  Latest news, Tri-County Public Companies  /  Comments Off on Inphi shares climb on first day

Shares of Inphi Corp., the Santa Clara-based chipmaker with big operations in Westlake Village, shot up nearly 28 percent to close at $15.30 after they hit the market Nov. 11. Shares of the initial public offering made their debut on the New York Stock Exchange under the symbol IPHI. The 6.8 million shares hit the Read More →

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Ex-CEO shares Trader Joe’s secrets

By   /  Tuesday, November 9th, 2010  /  Latest news  /  Comments Off on Ex-CEO shares Trader Joe’s secrets

Speaking in Thousand Oaks on Nov. 9, former Trader Joe’s CEO John Shields offered up business advice and anecdotes from his thirteen years spent heading up what Fortune magazine recently called “the hottest and most secretive retailer in America.” Shields, who guided Trader Joe’s growth from 27 to 174 stores and from $132 million to Read More →

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Heritage Oaks reports $11.3M loss

By   /  Tuesday, November 9th, 2010  /  Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks reports $11.3M loss

Paso Robles-based Heritage Oaks Bancorp reported a third-quarter loss applicable to common shareholders of $11.3 million on Nov. 9, compared to a $5.6 million loss in the same quarter last year. The banking firm, the third largest based in the Tri-Counties, blamed the wider loss on a $10.5 million non-cash charge related to the valuation Read More →