Business news and features from the Puget Sound region. Stay up-to-date with the latest business news and more.
Seattle customers react with sadness to news of $95 million sale of Bartell Drugs to Rite Aid
In 1890, Seattle was a city of about 42,000 people trying to recover from a destructive fire the year before. That’s when a 21-year-old man from Kansas named George H. Bartell, Sr., bought a pharmacy in Seattle’s Central District and launched his eponymous company, Bartell Drugs.
King County assessor says some businesses may have a hard time paying property tax
With so many people out of work and so many businesses closed amid the coronavirus pandemic, local governments and school districts are bracing for lower tax revenue.
Port of Seattle plans to continue Sea-Tac project, postpone others
Before the pandemic brought daily life to a standstill in Washington state, KNKX toured a massive construction project at Seattle-Tacoma International Airport. Lance Lyttle, the airport's director, said even if an economic slowdown were to arrive — which did not seem imminent in mid-February — it would still be important to continue growing. This week, the Port of Seattle said that's exactly what it will do, at least at the airport.
As businesses make tough decisions in the face of the pandemic, consumers might take note
From shuttered businesses to record unemployment, the economic effects of the coronavirus pandemic are all around us. Businesses themselves — whether small neighborhood stores or huge global corporations — face tough decisions. And that got us wondering about ethics: Will the way businesses behave now, even if they’re closed or doing limited business, affect the decisions consumers make later?
'I foresee a hardship': Seattle-area businesses reckon with economic impacts of coronavirus
UPDATE, March 10: Adds information about Amazon's fund to help nearby small businesses and Gov. Jay Inslee's announcement about additional support for businesses and workers. For the Seattle region, the novel coronavirus presents a significant public health challenge — and also a threat to people’s livelihoods. The economic impact is already being felt. Hotels face cancellations, restaurants have empty tables, and a major economic driver for Seattle, the Emerald City Comic Con, which was set to
Expansion projects aim to keep Sea-Tac Airport from being a 'bottleneck' to region's growth
Lance Lyttle’s office offers a view across most of Seattle-Tacoma International Airport. He’s the managing director for the aviation division for the Port of Seattle. In short, he manages the airport. And from his corner windows you can see planes taking off and landing, and taxiing around the airfield. But these jets are tiny in comparison to a new bridge that connects the airport’s South Satellite to a new International Arrivals Facility, where passengers will retrieve luggage and go through