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Latest News

Food costs slam businesses

Suppliers and retailers try to find a balance as prices rise
February 26, 1997
Jeanne Gustafson
Food manufacturers, retailers, and other entities here that provide food say dramatically rising costs are causing them to scramble to manage the increases and stay afloat until they get some relief. Dan Nagy, a partner in Bar NZ Inc., a that a
Read More

Schools eye $332 million in work

Spokane district to ask voters for capital funds in Â’09
February 26, 1997
Emily Proffitt
Spokane Public Schools says it has drawn up a proposed $332 million budget for the next six-year phase of its long-term facility-improvement plan. Projects would include completion of the Ferris High School modernization project, major improvements
Read More

Solid stock strategies for a bear market

Review your portfolio and investment goals, set aside cash, then watch for bargains, experts say
February 26, 1997
Emily Proffitt
A bear market officially has descended upon Wall Street, but rather than play dead or flee in panic, the key to survival for many investors will be to have patience with their portfolios and take advantage of discounts on stocks, financial advisers
Read More

Consumers blind to debt, study shows

Many participants in poll didnÂ’t regard at least one common obligation as debt
February 26, 1997
The greatest risk to financial security during retirement may be the debt consumers dont see today.An online survey of consumers conducted earlier this year found that 46 percent declined to classify as debt at least one common financial such
Read More

Changing landscape of AUTO LOANS

DealersÂ’ lending networks being tapped for bulk of auto loans; small banks back away
February 26, 1997
Mike McLean
As automakers try to entice consumers with low- and no-interest financing on new vehicles amid a slow economy and rising fuel prices, some small banks appear to be backing away from the auto-loan market, while credit unions and some larger banks a
Read More

Tapping into the organic bloom

URM introduces line of organic, natural items labeled Natural Directions
February 26, 1997
Emily Proffitt
As natural and organic products grow in popularity with Spokane-area consumers, food distributors and supermarkets here are stocking more of those items on their shelves and are seeking avenues for growth in that increasingly important niche.In
Read More

Commercial Creamery mixes it up to freshen business

Spokane company expects growth as more people eat at home
February 26, 1997
Jeanne Gustafson
Commercial Creamery Co. hopes to take advantage of a stagnant economy that it believes will cause people to stay home and snack rather than dine out. The 100-year-old Spokane-based producer of largely cheese-based dried sauces and seasonings in
Read More

Avista to buy Valley space for call center

Horizon Credit UnionÂ’s former headquarters will undergo renovation
February 26, 1997
Richard Ripley
Avista Corp. has agreed to buy the former Horizon Credit Union headquarters building, at 14523 E. Trent, from Horizon, and plans to move its Spokane-area call center there from its own headquarters office building at 1411 E. Mission.The Spokane
Read More

Cheney grocer plans new Suncrest store

MitchellÂ’s outlet could cost $7 million to build, stock; older grocery there to close
February 26, 1997
Jeanne Gustafson
Mitchells Harvest Foods, which has operated a grocery store in Cheney for nearly 30 years, says it plans to build a grocery store in the Suncrest area. It said its purchase of land for the store included a buyout of the Suncrest Supermart, the a
Read More

Retail sales fall in city in quarter

Total drops 5.1 percent, 2.6 percent in county after gains a year ago
February 26, 1997
Jeanne Gustafson
Retail sales fell sharply in the city of Spokane in the first quarter of 2008, dropping 5.1 percent from the year-earlier period while slipping a less dramatic 2.6 percent in Spokane County.The citys drop in taxable retail sales, the biggest
Read More
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