Retail
That Starbucks Caramel Frappuccino Will Soon Be Available for Delivery
The Seattle coffee purveyor will expand delivery services across the United States
Starbucks is aggressively making a play in the growing, $17 billion online food delivery category. The Seattle coffee giant will roll out its Starbucks Delivers service across the country early next year. Uber Eats will be the preferred delivery provider. Starbucks currently delivers in just 11 markets as part of a pilot program, but not…
Seattles A Great Place for That Jolt of Java
Theres no shortage of coffee shops here. Thanks, Starbucks.
Call it the Starbucks effect. Seattle is tied with five other cities across the United States for most coffee shops per capita. The other cities are New York, San Francisco, Las Vegas, San Diego and Portland, Oregon, according to WalletHubs 2019 Best Big Cities to Live in report. WalletHub ranked 62 cities across the country…
A Bold New Look Is in Store for Seattle’s Pacific Place Mall
Pacific Place makeover almost complete
This story appears in the July 2019 issue. Click here for a free subscription. When Pacific Place shopping center opened in 1998, breathless reviews described it as part of a retail explosion. It was credited along with the opening of the Nordstrom flagship store across the street with revitalizing downtown Seattle and creating a retail…
A New Reason to Visit Pike Place Market
It wont last forever, though
As if the fish-mongers and farmers and crafts markets werent enough, Pike Place Market officials want you to know theres another reason to visit the 112-year-old Seattle icon: to watch the viaduct come down. Market officials are exhorting Seattle residents to enjoy the best view in the city as the viaduct removal is now directly…
Bellevue-based E-Commerce Firm OfferUp Teams Up With Goodwill
The tech company's online marketplace will feature second-hand goods for sale from 100 Goodwill stores nationwide
If you enjoy bargain hunting online, then Bellevue-based OfferUp has a thrifty new option for you. The tech company, which operates a mobile marketplace targeting local buyers and sellers in the U.S., has teamed up with 100 nonprofit Goodwill stores in seven states to feature their extensive inventory of donated items to millions of customers…
Costco Sells Shopper $400,000 Diamond Ring
That wasnt the only good news for the Issaquah-based retailer in its fiscal Q3
Costco Whole Corporation recently sold a shopper a $400,000 diamond ring, CEO Richard Galanti told analysts during a conference call after the Issaquah-based retailer reported strong third-quarter earnings. When asked by an analyst how the company would replace that revenue next year, Galanti responded, Do you have an anniversary coming up? The ring sale wasnt…
Tutta Bella, QFC Partner on Trendy ‘Grocerant Concept
The pizza chain will open a restaurant inside a new Kirkland QFC store
Seattles Tutta Bella Neopolitan Pizzeria and grocer QFC are the latest entrants in the booming grocerant space. The pizza chain, which operates five restaurants in the Puget Sound region, will open a restaurant this summer inside the new 50,000-square-foot QFC at the Kirkland Urban development, a mixed-use project almost near completion. QFC opened there in…
Seattle Tops U.S. in Retail Sales Growth
New construction, few vacancies power robust sector
Seattles soaring retail sector just keeps growing, even though nationally many retailers continue to struggle. Overall retail sales in Seattle vaulted 10 percent the past year, the highest growth rate in the United States, according to a report from commercial property firm Marcus & Millichap. Seattle-area employers have added 155,000 jobs the past three years,…
Starbucks Backs Its Sustainability Goals With a $1B Bond offering
Seattle coffee retailer will use the funds to build green stores and to support coffee farmers around the world
Starbucks has completed its third and largest Sustainability Bond offering, raising $1 billion to propel its greener-retail and ethical coffee-sourcing initiatives. Among the uses for the bond proceeds is a $20 million equity investment in a lending group called responsAbility Investments Ag. The partnership with the lender is designed to further expand the impact of…
Chinese Buyers in Seattle Are Snapping up Pricey Luxury Cars
Wealthy Chinese nationals are a major group of buyers frequenting luxury car dealerships
DRIVEN TO SUCCEED. High-end Maserati automobiles have earned some cachet among Microsofts elite and Chinese nationals living in the greater Seattle area.