Haggen launches store rebranding effort
Bellingham-based Haggen said it will turn a Bellevue outlet into a new store as part of a three-year effort to rebrand all of its 28 stores. The store, a Top Foods in the Crossroads area, will focus on "Northwest Fresh." It will include things like a convenience store where people can get milk, eggs and coffee without have to go through the whole building. It also will have a Fish & Chips bar, new private label items, a Lummi Fish Market, Chuckanut Deli and Mt. Baker Bakery. "Part of Haggen's 'Northwest Fresh' philosophy is about being a good neighbor which means we remain committed to giving our customers a good deal without compromising quality." said C.J. Gabriel Jr., president and CEO of Haggen.
Job, trade outlook improves in U.S.
The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty overseas. The number of people who applied for unemployment benefits last week fell to a seasonally adjusted 390,000, the Labor Department said Thursday. That's the fewest since April. The U.S. trade deficit narrowed to $43.1 billion in September, its lowest point of the year, the Commerce Department said. Foreign sales of American-made autos, airplanes and heavy machinery pushed exports to an all-time high. The data suggest layoffs are easing and the economy grew slightly better over the summer than the government had estimated a month ago.
Shoppers buying more at upscale Nordstrom
Nordstrom Inc. is reporting a 6.7 percent increase in third-quarter profits as its affluent shoppers continue to splurge despite an uncertain economy. The Seattle-based retailer also is upgrading its full-year profit outlook. The chain says that it earned $127 million, or 59 cents per share, in the three-month period that ended Oct. 29. That compares with $119 million or 53 cents per share in the year-ago period. Net sales rose 14.2 percent to $2.38 billion, from $2.087 billion in the year-ago period. Analysts were expecting earnings per share of 59 cents on net sales of $2.35 billion. Revenue at stores opened at least a year climbed 7.9 percent.
From Herald news services
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