Alderwood mall has signed up three more retailers, including The Sharper Image, to join the shopping center’s new outdoor shopping wing. The Sharper Image, which specializes in high-tech gadgets and other products, will have a new store in The Village, a large addition on the Lynnwood mall’s north side. The two other new retailers that will open locations in The Village are Island Soap &Candle Works, a Hawaiian-based business that specializes in natural soaps, and Club Libby Lu, a store for girls that features fantasy makeovers. The mall’s new shopping areas are scheduled to open this fall.
Home sales decline slightly
Sales of previously owned homes declined in July, but still posted their third-best sales pace on record – a sign that the housing market, while slowing a bit, remains in good shape. The National Association of Realtors reported Tuesday that sales of existing homes fell to a seasonally adjusted annual rate of 6.72 million units, representing a 2.9 percent decrease from June’s record-high pace of 6.92 million units.
Northwest Airlines adding new fee
Northwest Airlines Corp. plans to begin charging customers and travel agents extra fees for domestic tickets that are not booked through the airline’s Web sites. The airline said Tuesday the new fees will lower the airline’s cost of selling all tickets to about $5, or the same as it now spends selling them through the Web sites www.nwa.com and www.worldagentdirect.com. The changes will save the airline about $70 million annually.
WSU students get free software
Students returning to Washington State University this week found free Microsoft software waiting for them. The Pullman-based university became the first west of the Mississippi River to make some Microsoft software legally free to download from the Internet. It is available to students, faculty and staff.
Options board under investigation
The U.S. Justice Department is investigating possible antitrust violations at the Chicago Board Options Exchange and the American Stock Exchange, according to the National Association of Securities Dealers’ annual report. Antitrust regulators are probing an alleged “product allocation agreement” between the options board and Amex, but the report provided no further details. Both the board and NASD-owned Amex deal in options contracts on equities. Neither exchange would comment on the investigation.
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