bankruptcy

Joann has announced plans to go out of business, closing all of its more than 800 stores nationwide.

Joann stores in Oxnard and Simi Valley are on shutdown list.

Nonprofit organization gets intellectual property to restart the Santa Barbara News-Press

Company officials say it's business as usual at its stores, and online. There are two of the stores in Ventura County.

But officials with Express, Incorporated say it won't be going out of business. They say they are regrouping with a cash infusion and new owners.

A national sporting goods chain with a half dozen outlets on the Central and South Coasts has announced it will close all of its stores.Sports Authority…