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Starbucks Dubbed a ‘Loser’ for Recent Performance

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…

Seattle Theatre Group Buys Kerry Hall from Cornish College

Seattle Theatre Group Buys Kerry Hall from Cornish College

Capitol Hill’s historic building will stay in the arts community

Seattle Theater Group has purchased Kerry Hall from Cornish College of the Arts for $6 million…

Costco’s Kirkland Signature Scores With Shoppers

Costco’s Kirkland Signature Scores With Shoppers

The private-label brand is among the most popular in the U.S.

If you’re a fan of Costco’s Kirkland Signature brand, you’re not alone…

Los Angeles Developer Buys Historic Fairmont Olympic

Los Angeles Developer Buys Historic Fairmont Olympic

Luxury hotel recently underwent a major renovation

Seattle’s historic Fairmont Olympic Hotel is changing hands. Los Angeles-based Trinity Investments has acquired the 450-room luxury hotel in downtown Seattle for an undisclosed price. The 100-year-old hotel, which spans an entire city block, recently completed a $22 million renovation that included a new lobby, a new bar, and a reimagining of the famed Georgian…

Last-Minute Shopping? Amazon, Starbucks, REI Rank Among Best for Gift Card Value

Last-Minute Shopping? Amazon, Starbucks, REI Rank Among Best for Gift Card Value

Several Seattle-area retailers top 2024 list

If you’re last-minute gift-shopping — and chances are you are — you’re probably considering a gift card. The National Retail Federation says 157 million people plan to shop on Super Saturday — the last Saturday before Christmas. An estimated 26% of shoppers have already bought gift cards. “As with last year, over half of consumers…

Kraken Founding Owner David Bonderman Dies

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…

Judges Block Kroger-Albertsons Merger

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

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…

Stronger Together: Seattle U. and Cornish Announce Deal to Join Forces

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…

Starbucks Dubbed a ‘Loser’ for Recent Performance

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…

Seattle Theatre Group Buys Kerry Hall from Cornish College

Seattle Theatre Group Buys Kerry Hall from Cornish College

Capitol Hill’s historic building will stay in the arts community

Seattle Theater Group has purchased Kerry Hall from Cornish College of the Arts for $6 million…

Costco’s Kirkland Signature Scores With Shoppers

Costco’s Kirkland Signature Scores With Shoppers

The private-label brand is among the most popular in the U.S.

If you’re a fan of Costco’s Kirkland Signature brand, you’re not alone…

Amazon Fresh Reopens Seattle Stores

Amazon Fresh Reopens Seattle Stores

The three stores feature a new design and a broader selection

Amazon Fresh is reopening three stores in the Seattle area after extensive redesigns featuring colorful layouts and a wider assortment of products…

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