The Biz Buzz

The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.

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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

Contributors

Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.

C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.

John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.

Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.

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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Monday, April 2nd, 2007
Posted by Dan Voelpel @ 05:28:54 pm

Even here in Southern California, word reached me that many readers interpreted my Sunday column -- Downtown and Wal-mart: A perfect match? -- as an April Fool's Day joke.

Sorry. No joke.

Scouts for Wal-Mart have looked at multiple sites in downtown Tacoma. They have requested traffic counts from the City of Tacoma.

And judging from the reaction, it appears Wal-Mart would find little support for the idea.

Posted by John Gillie @ 02:55:56 pm

Sea-Tac Airport's most popular air carrier, Alaska Airlines, improved its score on several critical customer service benchmarks in February, a new federal report says.

The improvements came as the airline, whose main hub is Seattle, struggled to raise its on-time performance, baggage handling and consumer complaint grades to former highs. The airline's punctuality and baggage handling performance hit all-time lows in the summer of 2005 after it fired its 472 Sea-Tac baggage handlers and ramp workers and replaced them with contract workers.

According to the Bureau of Transportation Statistics, Alaska's on-time performance in February rose to seventh among 20 airlines nationwide. In the first quarter last year, the airline ranked 17th in the nation.

At Sea-Tac, Alaska's on-time arrivals were in third place after Hawaiian and Southwest. The carrier's flights were 71.7 percent on time at Sea-Tac in February. Hawaiian Airlines flights were on time 79.4 percent of the time. Overall at Sea-Tac in February, 68.7 percent of all airlines' flights arrived on time.

Nearly 77 percent of Southwest's flights were on-time at the airport in February.

Worst performer at Sea-Tac was Northwest with just 50.6 percent on time flights. American Airlines followed with 54.2 percent of its flights. US Airways was the third worst with 58.5 percent on-time arrivals.

=> Read more!

Categories: Aerospace
Posted by Marce Edwards @ 02:30:08 pm

Dan Voelpel wrote on Sunday about Wal-Mart's potential interest in our city.

Here's a photo of the version in White Plains, N.Y.

White Plains, New York.jpg

Categories: Downtown Tacoma
Posted by C.R. Roberts @ 02:26:44 pm

As of Friday, 34 percent of eligible Washington residents have failed to claim the one-time Telephone Excise Tax Refund on their 2006 returns.

Categories: General
Posted by Marce Edwards @ 02:15:36 pm

A new women's clothing store is coming to Federal Way.

C.J. Banks, which sells women's apparel size 14 and up, will open Friday in The Commons in Federal Way.

From the company's press release:

The company strives to offer quality, everyday fashion options suitable for work and leisure activities. C.J. Banks offers distinctive fashions featuring exclusive designs and easy styling in comfortable sportswear and casual dresses. Color coordinated tops and bottoms help to create an easy, versatile wardrobe.

C.J. Banks, currently operates over 200 C.J. Banks stores in 24 states throughout the United States.

Categories: Shopping
Posted by C.R. Roberts @ 01:43:44 pm

The Federal Deposit Insurance Corp. issued a special alert early this afternoon concerning bogus cashier’s checks drawn on Frontier Bank. The checks are related to fraudulent awards, part of the same Canada-based scam reported late last month and drawn on Westside Community Bank of University Place.

On the counterfeit checks, a telephone number not associated with the bank appears below the bank's name and address in the upper-left corner.

Authentic examples show a watermark consisting of the bank's "F" logo centered in the middle of the check.

Categories: Banking
Posted by C.R. Roberts @ 01:16:01 pm

The building at 1305 S. Fawcett that collapsed Monday morning is owned together by Tacoma real estate executive Eric Cederstrand and his father, a colleague at Colliers International said today.

The building, once the meeting place of a Tacoma fraternal lodge, had been on the market for $1.35 million. Tom Brown, a vice president at Colliers, did not say if the proposed sale price would be reduced.

Or increased. The owners had marketed the brick building as a tear-down. "That really was the play," Brown said. "This accelerates things."

Harlan Bayes, secretary for Tacoma Eagles Aerie #3, said his group occupied the building beginning in 1918. "I think we left in the early '80s. They condemned the building. That's why we moved out."

Categories: Downtown Tacoma
Posted by John Gillie @ 12:18:08 pm

Another notorious downtown Tacoma eyesore saw some natural code enforcement action today.

PX00141 9-1.jpg

The Eagles Building at 1305 S. Fawcett, a member of both Local Development Council's "Neglected Nine" and the City's "Filthy Fifteen" lists of deteriorating buildings, spontaneously collapsed about 10 a.m. today.

The collapse left the facade facing South Fawcett standing but the south wall of the building and much of the roof collapsed into the building's interior.

City officials, who had fortunately marked the building as unsuitable for occupancy, had been trying for months to get the owners to repair it.

The specific cause of the collapse has yet to be pinpointed, but those who know the building said the roof has been leaking for years.

Categories: Downtown Tacoma
Posted by Marce Edwards @ 12:11:59 pm

It's opening day in baseball land, and Amazon.com wants to make sure you have everything you need – and then some – to cheer on your favorite team.

Amazon today announced the Major League Baseball Fan Shop where baseball enthusiasts can find jerseys, hats, collectibles and memorabilia to support their favorite teams.

Here's a sampling of what you will find:

1. Replica MLB jerseys
2. Authentic 2007 batting practice/spring training jerseys
3. 2007 New Era BP/spring training cap
4. Authentic MLB jerseys
5. Jackets and pullovers
6. Franchise baseball hat collection from Amazon.com
7. 2007 Topps baseball cards series
8. Ernie Banks signed Wrigley Field actual seatback
9. MLB team logo ballpoint pen
10. Derek Jeter autographed photo of "The Catch"

Categories: Shopping
Posted by John Gillie @ 06:53:02 am

Laying off 10,000 aerospace workers won't be so easy for Airbus as it was for Boeing to lay off some 30,000 after 9-11.

Airbus' biggest union called for strikes today at all the company's manufacturing sites in France.

The work halt would occur Tuesday. The union is protesting Airbus' "Power 8" restructuring plan which is designed to save the company $6.5 billion to offset losses from its botched A380 jumbo jet production plans.

Some 4,700 layoffs are scheduled to take effect in France.

Categories: Aerospace