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|Wednesday, June 24, 2009|
Driving north through the area illustrates the town’s differences perfectly: As the highway passes through Warrenton, familiar labels like Home Depot and Ross beckon. Once it passes over the Youngs Bay Bridge and into Astoria, it twists into a traditional main street lined with stores like Danish Maid Bakery and Thiel’s Music Center.
Though the recession has slowed corporate interest in expanding into the region, the North Coast Business Park and a commercial development by the Nygaard Logging Co. are still moving forward. Developers are discussing with companies, but besides an expansion plan by Costco, no one has yet committed and rumors circulate over who will be the next big-box store to move in.
“In a perfect world we’d be relying on home-grown businesses where the money circulates and stays locally,” says Paul Benoit, Astoria city manager. “Especially given the recession, I would not support bringing more box stores in — it would hurt the region more than help it and put a dent in the bottom line of businesses that are already vulnerable.”
“We’ve definitely been affected by Home Depot,” says Randy Stemper, owner of Astoria Builders Supply. “By nature, big-box stores don’t contribute a lot to the community.”
The Coast is no perfect world, and further development is the future of working-class Warrenton, even if Warrenton City Manager Robert Maxfield is ambivalent about the impact of box stores on small businesses and the unemployment rate.
“I’m looking forward to seeing some businesses that carry things people look for,” says Maxfield. “We’re not going to drive to Portland or Longview to enjoy the businesses folks in those areas take for granted. I think it’s a positive thing; however, it needs to be managed in an effective way. That’s life — businesses have to change and grow. I’m not saying if that’s good or bad.”
One certainty is that local businesses will need to find new ways to survive in an unpredictable climate of competition.
Thursday, August 20, 2015
BY DAN COOK
The state’s angel investing fund gets hammered in Salem.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, September 30, 2015
BY KIM MOORE
Striving for social equity is the mission of many nonprofits, and this year’s 100 Best Nonprofits to Work For in Oregon survey shows employees are most satisfied with their organizations’ fair treatment of differing racial, gender, disability, age and economic groups. But as a national discourse about racial discrimination and equity for low-income groups takes center stage, data show Oregon’s 100 Best Nonprofits to Work For still need to make progress on addressing these issues within their own organizations.
Wednesday, August 05, 2015
BY KEN MAES
A huge migration from Northern California has contributed to average 16% growth per year since 1990.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Monday, September 28, 2015
BY JOE CORTRIGHT
Corporate headquarters are no longer a marker of economic prowess.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
|The List: 100 Best Nonprofits to Work For in Oregon|
|Run, Nick, Run|
|One Tough Mayor|
|100 Best Nonprofits: Working for equality inside and out|
|Cream of the Crop|
|Keep Pendleton Weird|
|2 out of 5 millennials pay for their news|
|Oregon's graying workforce|
|How much did Bernie Sanders raise in Q3?|
|Federal regulators OK Jordan Cove LNG terminal|
|Amazon to emulate parts of Uber's model|
|Another former Daimler alleges discrimination|
|Struggling Whole Foods announces layoffs|
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