Spokane Journal of Business

Local News

Potlatch gains ground on costs, analyst says

Potlatch Corp., which has posted net losses for five successive quarters, has made significant gains in curbing its costs, a securities analyst says.Even though the Spokane forest-products company posted a loss of 35 cents a share for the second...

Developer moves ahead on Valley business park

Sullivan Road Business Park LLC, headed by Spokane real estate veteran Robert Bonuccelli, plans to move forward with a 20-acre, $10 million-to-$15 million office and light-industrial park in the Spokane Valley.The park, which is to be called the...

Calvert Technologies cuts costs, retrenches

Calvert Technologies Inc., the West Plains automated-systems integrator and manufacturer, has slashed its work force, cut other overhead expenses, and set up a creditor payoff plan to overcome recent financial woes.George C. Calvert, the CEO, be...

Downtown auto rental gets city OK

A Spokane licensee of Dollar Rent A Car has received regulatory approval to open a car-rental lot on the downtown site currently occupied by the longtime Thadeus T. Thudpuckers restaurant, city planning department documents show. Whether the a...

Raceway backers eye bigger sites for facility

An investor group that hopes to develop a $30 million raceway park here is looking at sites for the project in the Coeur dAlene-Post Falls area and on the West Plains after having ruled out an East Spokane site it considered initially.Doug one...

Foreclosures continue upward trend, only faster

The number of home-mortgage foreclosures filed in Spokane County this year is well ahead of last years pace and is on course to top 1,000 for the second straight yearfor just the second time since the county started tracking defaults in after a...

Ski area gets more kids on hill

When a group backed by prominent Spokane businesspeople took over the Mount Spokane Ski Area four years ago, its goal was to make the ski hill more inviting to kids here so more of them would learn how to ski.The group, Mount Spokane 2000, has a...

Rent-to-own franchisee leases Electromart spot

Aspen Way Enterprises Inc., of Billings, Mont., has leased the former Electromart Factory Direct Inc. building in East Spokane and plans to open a franchise rent-to-own store there.Aspen Way President Rohnn Lampi says that the new store, an & at...

Downtown B. Dalton to close

Barnes & Noble Inc., the big New York-based bookselling chain that also owns the B. Dalton Bookseller chain, plans to close the only B. Dalton store remaining in Spokane.That store, which is located downtown, at 702 W. Main, is expected to close...

More changes expected at Shadle retail center

P2J2 Shadle Associates LLC, which owns Shadle Center here, expects to move forward in coming months with further improvements at the North Side shopping center, including construction of a new Safeway Stores Inc. supermarket and work at the former...

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