Business

Business

Latest reporting from the Business desk.

  • Colorful Mexican food dishes and a margarita glass arranged on a rustic wooden table.

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    Cantina Monarca plans 11,000-sq-ft restaurant at Lake Union Piers

    Bellevue restaurateur Bernie Garcia plans to open an 11,000-square-foot Cantina Monarca location at Vulcan Real Estate's Lake Union Piers development by summer 2027, a major waterfront dining expansion as Seattle's restaurant sector faces rising costs and closures.

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    Charlie's Queer Books plans second store on Capitol Hill

    Charlie's Queer Books, the Fremont bookstore that launched from a disco-tiled cart in 2023, is opening a second, larger location at 1122 E Pike St. on Capitol Hill with a 50-seat event loft, children's reading nook, café and wine bar.

  • Darkened restaurant storefront with a closed sign hanging in the window.

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    Ballard Ave loses Andalucia after 9 months

    Moroccan restaurant Andalucia at 5327 Ballard Ave NW has closed after nine months, with owner Taufik Ridani citing rising costs, high rent and the toll of running the business alone.

  • Smartphone with travel app on a desk beside a passport and boarding pass.

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    Booking Holdings plants $100M AI travel startup in downtown Seattle

    Booking Holdings launched Vayo, a 20-person AI travel startup in downtown Seattle, with a planned $100 million investment, marking the travel giant's return to the area six years after closing its Bellevue office.

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    Getty Images plans bankruptcy, keeps 360 Seattle jobs

    Seattle-based Getty Images announced it will file for bankruptcy to shed $2.1 billion in debt and return to private ownership under the Getty and Koch families, with no layoffs planned for its roughly 360 Seattle employees.

  • A ukulele, flower lei, and tropical shirts on a wooden retail counter.

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    Wallingford's Hawaii General Store closes after 28 years

    Gail Stringer is closing the Hawaii General Store in Wallingford by the end of November after 28 years, citing rising costs, and will host a farewell party with live music on Saturday, Oct. 17.

  • Ceramic pour-over coffee dripper beside a small glass carafe on a wooden counter.

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    Analog Coffee breaks 15-year vow with Lake Union expansion

    Capitol Hill's Analog Coffee is preparing to open a second location in a former Starbucks drive-through space at 1200 Westlake Ave N. on Lake Union, breaking founders Danny Hanlon and Tim Hayden's 15-year vow to remain a single-shop operation.

  • Fresh vegetables including peppers, squash, and mushrooms in a grocery store produce aisle.

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    Seattle bans grocery surveillance pricing in U.S. first

    Mayor Katie Wilson signed an ordinance making Seattle the first U.S. city to prohibit large grocers from using shoppers' personal data to set individualized prices, with the law taking effect Sept. 1, 2027.

  • Open laptop on a modern office desk displaying a speech bubble icon.

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    Yoodli launches AI training platform from new Pier 70 office

    Seattle AI startup Yoodli launched five corporate training products on Oct. 7, expanding beyond interview prep into enterprise learning as it grows to about 100 employees at its new Pier 70 headquarters.

  • Friendly female receptionist at a stylish hair salon front desk in Portugal.

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    Seattle minimum wage hits $22.14 on Jan. 1

    Seattle's minimum wage rises 84 cents to $22.14 per hour on Jan. 1, 2027, giving the city the highest local minimum in Washington state as business owners warn the increase compounds already rising costs from utilities, rent and a new state income tax.

  • Floating homes and a large steel bridge along the Aurora Avenue corridor in Seattle.

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    Hashi Market signs lease for Aurora Avenue's Amazon Fresh space

    Japanese grocery chain Hashi Market signed a lease for the 35,715-square-foot former Amazon Fresh space at 13025 Aurora Ave. N., marking the second former Amazon Fresh location in Seattle to be re-tenanted in a week.

  • Colorful vintage clothing hanging on a rack with price tags.

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    Ballard launches vintage shop crawl across 10 stores Oct. 2

    Ballard's first Vintage & Secondhand Crawl runs Oct. 2–4 across 10 shops and four bars, with discounts up to 60% off and a passport stamp system for a prize drawing.

  • Framed paintings leaning against a white gallery wall with an auction paddle nearby.

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    Hedreen sells 50 artworks to fund Seattle U's $90M museum

    Seattle University donor Richard Hedreen will auction roughly 50 works from his pledged $300 million collection through Sotheby's, with proceeds projected to exceed $90 million for construction of the planned Seattle University Museum of Art on 12th Avenue, even as the Lee Center for the Arts faces demolition to make way for the project.

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    Allen Institute launches $95M AI protein lab in South Lake Union

    The Allen Institute, UW and Fred Hutch have launched AI BioDesign, a $94.6 million initiative funded by the Paul G. Allen estate to use artificial intelligence to design novel proteins for cancer therapies and vaccines, with 62 researchers now working out of a South Lake Union lab.

  • Rows of colorful books with rainbow spines arranged on wooden shelves under warm lighting.

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    Charlie's Queer Books opens Capitol Hill shop in November

    Charlie's Queer Books plans to open a second location at 1122 E Pike on Capitol Hill in November, bringing a 50-seat event space, coffee shop and wine bar to the building damaged by a 2025 electrical fire that shuttered the Post Options business center.