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Latest News

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Sunflower Bank consolidates Spokane offices

Dallas-based institution expands INW presence with a new Cd'A office
March 12, 2026
Ethan Pack

Dallas-based Sunflower Bank N.A. has consolidated two Spokane branches into one new licensed depository branch and is expanding into North Idaho with the opening of a new loan production office in Coeur d’Alene to meet high demand in the Inland Northwest region.  



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Designing businesses that outlive founders

Succession planning paves the way to high-value exits
March 12, 2026
Alex Barrouk and Lars Gilberts

For most business owners in the Pacific Northwest, succession planning lives somewhere between "eventually" and "when the time comes." It sits on a list alongside other distant concerns, comfortably deferred while the immediate demands of running the business take priority. 


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Five Below plans new store in North Spokane

High-traffic retail center to add discount store
February 26, 2026
Karina Elias

Five Below Inc., a discount retailer known for pricing most of its items at $5 or less, is planning a new store in North Spokane, according to permit applications on file with the city of Spokane.




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SH Storage doubles capacity with expansion

Two new buildings will add 28 units this spring
February 26, 2026
Ethan Pack

RV self-storage company SH Storage LLC, of Airway Heights, is planning to expand its capacity with the development of two new buildings featuring 28 new RV storage units this spring.




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Virginia Thomas

Valley foundry files Chapter 11

Following sale in 2022, equipment failures, fraud are impacting operations
February 26, 2026
Karina Elias

Spokane Valley-based foundry Spokane Industries LLC has filed for Chapter 11 bankruptcy protection, citing equipment failures, rising material costs, a structural facility collapse, and more than $1 million in employee embezzlement as factors that strained the company’s finances, according to court records filed in the U.S. Bankruptcy Court for the Eastern District of Washington. 


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Remembering four Spokane business community leaders

Prominent Inland Northwest men made impacts across finance, hospitality, tech, and construction industries
February 26, 2026
Karina Elias

Over the last month, four men who made lasting impacts on Spokane’s culture, business landscape, and community have died: Gordon Budke, Larry Brown, Frank Bouten, and Steve Strom.



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Coughlin Porter Lundeen eyes first Spokane office

Firm seeks to streamline projects between locations
February 26, 2026
Ethan Pack

Seattle-based Coughlin Porter Lundeen Inc. is preparing to expand with a new office in downtown Spokane this summer, says Eric Dixon, associate principal at the structural and civil engineering company.




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McKinstry expands Spokane footprint

New prefabrication site in Spokane County expected to open in 2027
February 26, 2026
Ethan Pack

Seattle-based contractor and energy-efficient systems manufacturer McKinstry Co. is planning a second prefabrication building on the West Plains that’s expected to double the company’s fabrication capacity in Spokane County. 


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Vietnamese coffee bar opens in South Hill nail salon

Ca Phe Nguyen uses imported, housemade ingredients in drinks
February 26, 2026
Virginia Thomas

A new coffee bar has opened within an existing nail salon in Spokane's Moran Prairie neighborhood on the South Hill to offer sweet drinks and pampering in one location.



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Journal names 2026 Business of the Year Awards finalists

Winners to be announced at event next month
February 26, 2026
Journal of Business Staff

The Journal has selected the finalists for its second annual Business of the Year Awards. All finalists will be recognized — and the winners will be disclosed — at an event scheduled for Wednesday, March 25.


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