Paul Roberts
Business Reporter at Seattle Times
Carefully covering capitalism in the 21st century for The Seattle Times. News tips/harangues: [email protected]
Articles
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15 hours ago |
seattletimes.com | Paul Roberts
Rite Aid said on Friday it will shutter another 17 stores in Washington, including four locations of its Bartell Drugs subsidiary, as the court-approved liquidation of the bankrupt drugstore chain appears to be picking up speed. The 17 locations were listed in a Friday court filing that included more than 200 new Rite Aid closures nationwide.
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1 day ago |
seattletimes.com | Paul Roberts
For Seattle-area shoppers watching the systematic dismemberment of Bartell Drugs and its bankrupt parent Rite Aid, the math has been pretty discouraging. Drugstore rival CVS said last month it was acquiring 64 Rite Aid and Bartell locations in Washington, Oregon and Idaho as part of a court-approved fire sale to repay Rite Aid’s massive debts after a failed turnaround. But CVS hasn’t said which locations it’s buying.
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1 week ago |
seattletimes.com | Paul Roberts
After months of protests, rude gestures and occasional vandalism, some Tesla owners in the Seattle area say they and their EVs are feeling slightly less hate these days. “I haven’t gotten flipped off once in the past month,” said Snohomish County resident and Tesla Cybertruck owner Dave Mattson, of the finger signage that started after Tesla CEO Elon Musk campaigned for President Donald Trump last year.
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2 weeks ago |
seattletimes.com | Paul Roberts
Washington state could see a welcome rebound in international trade after a 90-day tariff truce earlier this month between the U.S. and China led shippers to rush postponed cargoes back into the supply chain. But much of that rebooted trade won’t materialize for weeks or months — too late to avoid an expected slump at the ports in Seattle and Tacoma from an earlier wave of tariff-related cancellations.
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2 weeks ago |
seattletimes.com | Paul Roberts
For years, Oak Tree Village on Aurora Avenue has offered Seattle a surprisingly intact example of a 1980s shopping center. Despite a steady churn of tenants and the occasional remodel since the place opened in 1986, the sprawling format — three rows of strip mall businesses, a grocery, a cinema and acres of parking — feels little changed from the days when the original “Top Gun” was on the marquee.
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RT @rpyers: guess they won't be needing that anymore...
Another day, another slew of #RiteAid closures. Today's includes 17 in WA, four of them #Bartells, and adds to concerns that the hundreds of Rite Aid/Bartells stores that weren't sold to rivals like #CVS during the bankruptcy will simply be shut down https://t.co/WN9XlAeeeH
Seattle-area homebuyers skittish amid high rates, economic uncertainty via @heidigroover https://t.co/3Pa53g4kRK