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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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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Amazon sold more than 23,000 different styles of watches during the period, the Seattle-based company said today in a statement.
Amazon said last month that first-quarter profit doubled, exceeding analysts’ estimates. Sales of DVD players and general merchandise including apparel, watches and shoes rose 48 percent, almost twice the pace of media products such as books and CDs.
Shares of Amazon fell $2.41, or 3.8 percent, to $60.82 in Nasdaq Stock Market composite trading today. The stock has surged 54 percent this year.
Starbucks Corp. announced today that it will cut artificial trans fats out of food and drinks in its stores in the continental United States, Alaska and Canada by the end of the year.
The coffee retailer isn’t about to quit selling its ice cream-laden Frappuccinos or baked sweets, but said it will only use ingredients with naturally occurring fats, like butter, whole milk, eggs and whipped cream, the Associated Press reported.
“No longer using artificial trans fats in products sold in our stores allows us to take out ingredients like partially hydrogenated oils that have no health benefit, while retaining high quality and great tasting natural ingredients,” Denny Marie Post, senior vice president of Starbucks’ global food and beverage unit, said in a statement.
The Fred Meyer on South 19th Street added a new Starbucks shop today. The store is still in training mode – a tall latte came without any espresso. But the new space include lots of room to sit and sip.
The coffee seller is in many grocery stores in the area allowing shoppers to get caffeinated while buying food for their families.
Fred Meyer is in the middle of a long remodel that will bring an up-to-date store plan that already is in some of the newer stores including the Fred Meyer on Bridgeport Way.
With the new coffee stop in Fred Meyer, I now pass five Starbucks stores on my commute to work. Add in the other brands such as Forza and I pass eight coffee shops in the 8.5 miles I drive. By the way, I pass only two McDonald's.
It’s been a month since the Eagles Hall at South 13th and Fawcett St. collapsed into a heap of dusty bricks. Demolition at the site is now complete, and the rubble has been removed. What comes next? We’ve called the owner, a downtown commercial real estate broker, but haven’t heard back. We’ll keep you posted.
Here's a look at what's left:
KFC Corp. is testing milkshakes, grilled chicken and longer hours to boost sales and appeal to women, according to a story from the The Courier-Journal in Louisville, Ken., where the fast-food chain’s parent company is based.
In a conference call, the company described the milkshakes as part of an effort to create “destination” drinks and desserts at other restaurants part of parent company Yum, which include Pizza Hut and A&W All American Food. Yum is also “aggressively developing” a line of Mexican-themed drinks at Taco Bell, the paper reported.
But it’s the grilled chicken the company hopes will win over women and health-conscious eaters.
More from the story:
KFC already offers a line of roast chicken, and the company frequently plays with new and existing menu items. It launched cold chicken in 1997, four years after spending $100 million on a line of roasted chicken called Colonel's Rotisserie Gold. The rotisserie line is no longer offered. A menu line called Skinfree Chicken also flopped.
The KFC shakes, called Avalanche, cost $1.99 and come in two flavors: Old Fashioned Vanilla and Chocolate Dream.
