The moves by PCC Community Markets are expanding the Seattle-based co-op grocery chain's Eastside presence.
Retail
Follow stories on Costco and big-box stores; Amazon and bookstores; Starbucks and food and beverage retailers; Nordstrom and department stores; REI, Nike, Blue Nile and Coinstar. Also covered are grocery stores (PCC, Safeway, QFC, Fred Meyer, Kroger, Haggen); consumer spending, restaurants, fast food, clothing, e-commerce, auto sales, hotels, airlines, sales tax, credit cards and Black Friday.
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Stein Mart files for bankruptcy; to close nearly 300 stores
National discount department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if...
REI to sell its never-used Bellevue headquarters and shift office work to multiple Seattle-area sites
REI says it is in talks to sell its nearly completed corporate campus in Bellevue with “multiple interested parties.”
Simon, Authentic Brands buying Brooks Brothers for $325M
Brooks Brothers will be purchased for $325 million by a retail venture owned by licensing company Authentic Brands Group and mall owner Simon Property Group.
Some coffee with your coffee? Dunkin’ launching cereal line
CANTON, Mass. (AP) — As if 2020 wasn’t weird enough, Dunkin’ is getting into the cereal game. The Massachusetts-based coffee and donuts empire is releasing...
Seattle-based cookware chain Sur La Table sells for around $90 million
A joint venture between e-commerce investment firm CSC Generation and Marquee Brands topped an opening bid from affiliates of Fortress Investment Group at an auction;...
McDonald’s sues ousted CEO, alleging employee relationships
McDonald’s is suing Steve Easterbrook, the former CEO, saying he lied about relationships with employees and destroyed evidence before he was fired from the company...
Nordstrom uses influencers to highlight COVID safety measures, reassure anxious shoppers
By hiring influencers to highlight safety measures, retailers are trying to restore a sense of normalcy to activities like in-store shopping that were utterly banal...
If you’re in love with Trader Joe’s, its stances can also break your heart
Trader Joe's efforts to create a fun and quirky shopping experience has been a big part of its success. But today's increasingly polarized society puts...
Instacart shoppers besieged by bots that snatch lucrative orders
While bots aren't a new problem for Instacart, the recent deluge is different because it comes at a time of white-knuckled expansion for the startup.