Sno-Isle food co-op turns 5

The Sno-Isle Natural Foods Co-op in Everett celebrates in fifth year next week, having attracted some 2,100 members. The natural foods grocery was born from the ashes of Puget Consumers Co-op, which closed its Everett store five years ago. On Sunday, there will be a birthday party with cake at the store, 2804 Grand Ave. Monday through Saturday features discounts on a variety of items, with Saturday set aside for additional 5 percent discounts for co-op members.

The developer of the Walgreens drugstore in Mukilteo recently sold the property for $5.4 million, according to Colliers International, which brokered the transaction. The sale of the store, at the intersection of the Mukilteo Speedway and Harbour Pointe Boulevard, was completed on Feb. 22, according to the real estate firm’s office in Seattle. The store opened in February 2001 after being developed by 525 Harbour Pointe LLC, which was the seller in last month’s deal. An unnamed Washington state investor was the buyer. Walgreens, based in Deerfield, Ill., has more than 3,600 drugstores in its chain. This year, the company plans to open 475 new stores, including one in Everett.

Microsoft Corp. said Friday it would again delay the release of its new Windows .NET server products, in part because of the software maker’s added focus on security. The products were to come out in the first half of this year, but now will come out in the second half, said Bob O’Brien, group product manager for the Windows .NET Server division. O’Brien said the delay mainly is to allow the company’s software developers to fine tune .NET performance. But, he added, company chairman Bill Gates’ directive to make sure the company’s software is secure “has, of course, caused us to do a double and triple look to make sure we’re getting it out right.” Gates told employees in mid-January the company must place top priority on security and privacy.

Arthur Andersen, the accounting firm involved in the Enron debacle, agreed Friday to pay $217 million to settle lawsuits filed after the 1999 collapse of an Arizona investment group. The settlement resolves a case brought by a bankruptcy trust for investors in the failed Baptist Foundation of Arizona. Its collapse cost 13,000 mostly elderly investors nearly $590 million. The trust had sought $155 million in compensatory damages. Arthur Andersen said the firm made a business decision to settle the cases without admitting or denying wrongdoing.

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