Bain Capital debt strikes sour note at Guitar Center
With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.
As big-box firms slash stores, uncertainty for Tri-Counties
Radio Shack plans to close up 1,100 stores around the U.S. and Staples, the largest office-supplies company in the U.S., said it would shutter 225 stores nationwide in a plan to cut costs by $500 million.
Big firms check in to Santa Barbara hotel boom
A Philadelphia company’s $41.7 million purchase of Hotel Oceana in Santa Barbara signals that large out-of-town investors are betting on a major boom in South Coast tourism.
Angling for change: Bren School startup serves up new model for sustainable seafood
A team of UCSB graduate students has created an online marketplace where restaurants and fishermen can connect directly to buy sustainable, traceable seafood.
Sonos discloses $535M in revenue
In a rare financial disclosure, Santa Barbara audio firm Sonos has disclosed that its 2013 revenue was $535 million and that total sales doubled during the past year.
Santa Maria chamber CEO Bob Hatch to retire
Bob Hatch is retiring after 20 years as president and CEO of the Santa Maria Valley Chamber of Commerce, the largest business group in North Santa Barbara County.
