Judges Block Kroger-Albertsons Merger
Decision effectively ends plans that effect more than 300 grocery stores across Washington state
A woman named Kerry (she asked that her last name not be used) was perusing the canned goods section at the Magnolia QFC when she was asked if she had heard that a federal judge in Oregon had blocked parent company Kroger’s proposed merger with Albertsons. (About an hour later, a King County Superior Court…
Tacoma Mall Goes Upscale
It joins several other properties in recreating the mall experience
Many malls across the United States are struggling. So, why is Tacoma Mall investing tens of millions of dollars in a massive renovation? Mall owner Simon Property Group — best known locally as the redeveloper of Northgate Mall, now known as Northgate Station — has launched plans for a multi-million-dollar revitalization of the mall, which…
Unity in Diversity
Tips for inclusive company parties this holiday season
Employers focused on diversity, equity and inclusion should know that along with festivities and cheer in the coming months comes ample opportunity to practice inclusivity and continue to foster a welcoming environment for all. Celebrating employees and co-workers via gatherings and goodies during the holiday season can boost morale, increase team bonding and provide additional…
Stronger Together: Seattle U. and Cornish Announce Deal to Join Forces
Combined institution could boost Seattle’s flourishing creative economy
A few months ago, the president of Seattle University approached his counterpart at Cornish College of the Arts with a proposal: Let’s join forces. Today, the two Seattle educational powerhouses announced a plan that would create a unique entity combining the Jesuit tradition of education with a strong emphasis on arts and design. The boards…
Seattle Strong is on a Cold Streak
Cold coffee business was created in a college classroom
In 2017, Evan Oeflein wasn’t thinking about launching a cold brew coffee company. Like many students in the University of Washington’s Foster School of Business, he was just trying to complete a class assignment. But the Buerk Center for Entrepreneurship’s “Create a Company” program wasn’t your typical lecture — it pushed students to turn an…
On Reflection: Jockeying for Jobs
Competition in Seattle is intense
Having trouble finding a job? Know someone who is? It’s becoming a lot harder. Seattle boasts the dubious distinction of having the toughest labor market in the world. Career website Resume.io found that the city had the world’s largest percentage increase in job competition the past year, with the number of applicants for every open…
Kraken Founding Owner David Bonderman Dies
Bonderman worked as a security guard at the Space Needle while attending college at UW
It was only my fourth day on the job in a new city, and I found myself sitting across a table from David Bonderman. This was back in 2003. I was the newly minted editor of the Portland Business Journal, and Bonderman’s private investment group — Texas Pacific Group, known as TPG — had just…
Starbucks Dubbed a ‘Loser’ for Recent Performance
Problems are ‘deep-seated and multi-faceted’
Restaurant Dive (one of the many Dive verticals) cited an unfocused menu, a brand identity crisis, and political perceptions related to the war in Gaza and unionization efforts as reasons for a 10% drop in foot traffic and a 6% plunge in sales…
The Wonderpreneur
Aegis founder Dwayne Clark is an author, philanthropist, filmmaker, and a highly successful business executive
Dwayne Clark was standing on a crate washing dishes at the tender age of 7 in an airport restaurant where his Mother, Colleen, was a cook. He grew up without a father. He was, he says, “at the bottom rung of the economic cycle.” The biggest influences in his life were all women: his grandmother,…
A Medical Journey
Jody Elsom has spent a career designing health care facilities. She never expected to become a patient in one of them.
Jody Elsom never imagined she’d wind up a patient in a health care center she had designed. But there she was at the recently opened True Family Women’s Cancer Center on the Swedish Hospital First Hill campus shortly after an unexpected diagnosis for breast cancer. “It wasn’t what I expected, but it was actually an…
Lori Hill: The Seattleite
The commercial real estate veteran is upbeat about the future of Seattle
Lori Hill has seemingly worked at just about every job in commercial real estate. Last September, she pivoted to the leasing side at Clise Properties, where she serves as executive vice president. Her resume includes stops at Unico Properties as senior vice president of investment management, and as managing director of capital markets at JLL….
Jon Jones: The Mindful CEO
Jon Jones isn’t your ordinary boss, and Brighton Jones isn’t your ordinary company
Jon Jones is a business executive by trade and a guiding light by nature. The culture at the wealth management firm he co-founded with Charles Brighton 25 years ago, Brighton Jones, is a mix of spiritual, practical and, when appropriate, lighthearted. Acronyms such as “MESI” and “RLP” spill from his tongue like a free-flowing river….
A New Life in the Sea Suite
Kristi Schooley left a long career in hospitality to follow her passion
As a lifelong Seattleite, Kristi Schooley always loved being surrounded by water. She bought her first boat in her 20s. “After that, being on the water became a part of my life and a true passion,” says Schooley, who launched a second career as a senior captain at Argosy Cruises 20 years ago after spending…
Play’s the Thing
Kimberly Bartlett uses play therapy to help children deal with their problems
You can call it trauma therapy. Child mental health. Or even the more straightforward family or child therapy. Kimberly Bartlett prefers a more lighthearted term to tackle a serious subject: integrative play therapy. Bartlett launched Evergreen Play Therapy in Seattle two years ago to help children and families heal through play. She combines various therapeutic…
Left to Her Own Device
Monica Plath couldn't find a suitable tracker for her young kids, so she invented her own
Monica Plath wants her two young children to be safe. She feels the same way about yours. Plath created Seattle-based Littlebird Connected Care after a concerning care experience for her child. The wearable tracking device, called the Littlebird Toddler Care- Tracker, is a wristband for kids that helps parents ensure that their children are safe….
Lots of Joy, People and Pie
Lorrie Baldevia: 'If you can't change the environment, change the game & how you play'
As Lorrie Baldevia says, “It’s not who you know. It’s who remembers you.” Baldevia, a native of Guam, was recently promoted to platform president at insurance brokerage AssuredPartners, where she oversees Oregon, Washington, and Northern California. The company is closing in on $100 million in annual revenue, and the region includes about 350 employees. Baldevia,…
Statshot: The Silver Economy
Washington state fares better than most when it comes to older adults
Washington state is considered among the best places in the country for older residents due to its natural beauty and thriving economy, though it does have a relatively high cost of living. Seniors are significant players in the state’s economy. Here’s an economic snapshot: 38.5 Median age in U.S. 37.7 Median age in Washington state…
Gym Journey
Chris Travis launched SSP to help others in the same situation he once found himself in
Chris travis remembers working 80 hours a week after starting a new job at Amazon’s Kindle division back in 2010. Not surprisingly, it took a toll on his health. He was eating poorly. He had developed a bad back, and wasn’t exercising. He wasn’t really even moving at all. He spent all of his time…
Deliberate, Direct, Decisive
At Davidson & Associates, culture is nurtured on a daily basis
Don’t be confused by Tony Johnson’s use of the word “deliberate” to describe the culture at his insurance company. Think thoughtful, not laid-back. And it all begins before an employee even sets foot in the door. “We are ‘deliberate’ about ensuring personalities will mesh well with our culture in the hiring process,” says Johnson, principal…
On Reflection: Telecommuting Triumph
Seattle and Washington state score high for remote work
If you’re reading this from your home office, you’re not alone. Almost one-third of employees across Washington state work from home on at least a part-time basis. A report from web hosting company Hostinger says slightly under 2 million people, or 32.7% of the state’s workforce, worked remotely at least one day out of the…
Saving for the Sunset
Six strategies for retirement, no matter your age or income
Planning for your retirement can feel overwhelming, even intimidating. As a Seattleite who has spent more than 35 years guiding clients in achieving their retirement goals, I’ve worked with people of all ages and incomes. Throughout the years, I’ve guided them through fears, implemented new approaches, and helped them shift their mindset and habits. The…
Political Ping-Pong
How to manage sensitive discussions in the workplace
With the 2024 u.s. presidential election around the corner, talk of politics is a constant on our televisions, in our social media feeds, and around our dinner tables. What happens when those discussions enter the workplace? Surveys consistently show that political discussions at work increase anxiety and decrease productivity. This is not a new issue;…
Editor’s Note: So Common, Yet So Underappreciated
Most of us have been, are, or will be caregivers in our lifetimes
My mother’s voice was calm, even more measured than usual. “Your father’s breathing tube came off last night while he was sleeping,” she said over the phone from Portland. “I had to take him to the hospital. He’s doing fine.”
This was almost three decades ago, and I still vividly recall not being surprised that something had happened.
Sonic Gloom
The NBA delays its much-anticipated announcement of the return of the Sonics
I had never seen my friend Carter so perturbed. “This is a load of crap,” he said, reflecting the views of NBA fans across the city. “I’m starting to wonder if this is ever going to happen.” Carter — who remains an avid NBA fan, unlike many other Sonics loyalists — was reacting to an announcement this week by NBA Commissioner Adam Silver, who said the league would deal with expansion at some point in the season…