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Retail

—Dennis Isip

Bookend generations move to Spokane's core

Younger, older people fuel housing demand downtown
March 24, 2016
LeAnn Bjerken
A recent housing and economic report reveals Spokane is experiencing a shift in demographics to both younger and older age groups, whose interest in the urban lifestyle is fueling the growth of downtown development projects in the areas of housing, retail
Read More
—Treva Lind

Ocean Gourmet Salts: Tapping salts of the sea

-
March 10, 2016
Treva Lind
A core line of seasonings for Rathdrum-based Ocean Gourmet Salts originates from deep coastal waters. That's why an ocean theme remains central to the company's marketing, despite its headquarters in land-locked North Idaho. After discovering gourmet
Read More

Owner of NorthTown Mall, Valley Mall posts stronger year

Initial rental rates rose by double digits in '15
February 25, 2016
LeAnn Bjerken
General Growth Properties Inc., the Chicago-based company that owns and operates both the NorthTown Mall and Spokane Valley Mall here, has reported a decline in fourth-quarter earnings compared with the year-earlier period. For all of 2015, though, the
Read More

Laundry services company expands with two acquisition

5 Mile Wash operators buy outlets from retiring owner
February 11, 2016
LeAnn Bjerken
Denny and Kelli Thompson, who own the 5 Mile Wash & Dry in north Spokane, at 1920 W. Francis, have bought Susie's Laundromat & Dry Cleaning and Deer Park Cleaners from longtime owner Susan Bates, who is retiring after 25 years in business. Susie's L
Read More
—LeAnn Bjerken

Lack of banking options exposes marijuana industry

Security concerns revolve around managing bulk cash
February 11, 2016
LeAnn Bjerken
The number of identity fraud victims in the U.S. increased by 3 percent, to 13.1 million consumers, last year, but the amount stolen decreased by 6 percent, to $15 billion, says a study released earlier this month by San Francisco-based Javelin Strategy
Read More

Hayford Crossing retail center lands more tenants

Grocery Outlet, Dollar Tree, Supercuts commit to plaza
January 28, 2016
Mike McLean
The developer of the Hayford Crossing retail plaza under construction on the West Plains has secured three new tenants, adding to the two earlier-announced tenants. The planned new tenants are Grocery Outlet, Dollar Tree, and Supercuts, says Mark D'Ago
Read More

Costco, county to negotiate tax-increment agreement

Warehouse retailer to use development incentive
January 28, 2016
Mike McLean
Spokane County and Costco Wholesale Corp. are etching the final strokes on an agreement in which Costco would take on the financial risk for developing infrastructure that would serve land within a tax-increment financing district that surrounds a planned
Read More
—LeAnn Bjerken

Mulling Macy's makeover in downtown Spokane

Some believe new building tenants may bring positive change
January 28, 2016
LeAnn Bjerken
Macy's Inc.'s announcement earlier this month that it plans to close its downtown Spokane store by this spring as part of a series of chainwide cost-efficiency measures has raised concerns among nearby businesses about the potential negative impacts o
Read More
—Greenstone Corp.

New Kendall Yards buildings proposed

Medical, mixed-use project values total $6.3 million
January 14, 2016
Mike McLean
An affiliate of Liberty Lake-based Greenstone Corp. has submitted predevelopment applications to the city of Spokane for two commercial buildings in the early planning stages at Kendall Yards. The structures have a total anticipated construction value of
Read More

Fifty Percent Off shops to close later this month

Sister supply company will be shuttered as well
January 14, 2016
LeAnn Bjerken
LDE Inc., the Spokane-based company that operates the Fifty Percent Off Card Shop retail chain, plans to close permanently its two remaining stores this month.
Read More
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