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—Staff photo by Katie Ross

Spokane-area retailers hopeful for holidays

End of government shutdown helps lift spirits
Katie Ross
The National Retail Federation is forecasting an increase of almost 4 percent in retail sales for the months of November and December this year. This is slightly higher than 2012's actual increase of 3.5 percent and the 10-year average holiday of a
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Avista posts jump in net income

Avista Corp., of Spokane, reported today third-quarter net income of $11.4 million, or 19 cents a diluted share, compared with income of $5.8 million, or 10 cents a share, in the year-earlier period.Scott L. Morris, chairman, president, and CEO of
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Avista to acquire Alaska utility

Avista Corp., of Spokane, announced this afternoon that it has agreed to acquire Alaska Energy & Resources Co., a privately held Juneau, Alaska-based company that operates Alaska Electric Light & Power Co., in a transaction valued at $170 purchase
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Ambassadors posts net loss

Ambassadors Group Inc., the Spokane-based provider of educational travel programs, posted this afternoon a third-quarter net loss of $1.6 million, or 10 cents a diluted share, compared with net income of $5.5 million, or 31 cents a share, in the to
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INB parent reports increase in earnings

Northwest Bancorporation Inc., the Spokane-based holding company of Inland Northwest Bank, announced today third-quarter net income of $708,000, or 22 cents a diluted share, up from $229,000, or 7 cents a share, in the year-earlier quarter.The in
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NorthTown Mall redevelopment planned

General Growth Properties, the Chicago-based real investment trust that owns NorthTown Mall and Spokane Valley Mall, announced last night plans to demolish a significant portion of the north side of NorthTown Mall and to create new formal entrances
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Clearwater Paper's earnings decline

Clearwater Paper Corp., of Spokane, reported today third-quarter net income of $13.3 million, or 60 cents a diluted share, compared with $19.1 million, or 80 cents a share, in the year-earlier period.The company said its earnings fell due to $17.5
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In the News: October 24, 2013

Oct. 22 / Potlatch earnings risePotlatch Corp., of Spokane, reported third-quarter net income of $22.2 million, or 54 cents a diluted share, up from $18.6 million, or 46 cents a share, in the 2012 third quarter. The company reported an $8 in for
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10-24-13

Meetings & EventsGonzaga University will hold an informational meeting about its MBA program on Tuesday, Oct. 29, from 5:30 to 7 p.m., at its Jepson Center, 502 E. Boone. The university also will hold an informational meeting about its MBA,
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Small Business Watch

North Side bakery plans Valley outletAmber Owens, co-owner of Celebrations Bakery LLC in the Garland District on Spokane's North Side, says the company plans to expand with a second location in Spokane Valley.Owens says the business is about
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