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|Wednesday, November 09, 2011|
Washington voters approved a plan to privatize liquor sales, ending state rules that have been in place since Prohibition. It was the costliest initiative campaign in state history.
Unofficial results Tuesday night showed the measure with 60 percent support in early returns. Costco Wholesale Corp. had committed $22 million to supporting the measure — $6 for every registered voter — as executives portrayed the Issaquah-based company as a crusader for consumers and said that it could take years to make up the investment in the initiative.
The company also harnessed support from restaurants, groceries and other retailers.
"We are very grateful to all of our coalition partners across the state," said Joel Benoliel, senior vice president and chief legal officer at Costco. "The voters overwhelmingly demonstrated that facts trump scare tactics."
Wholesalers provided much of the opposition funding, as retailers will now be able to bypass them and buy product directly from producers. The new rules go into effect in June, and about 1,000 people who currently operate the state's system will lose their jobs.
Costco had backed another privatization measure that failed last year with 47 percent of the vote. Acknowledging that the 2010 proposal wasn't ideal, supporters returned this year with a plan that includes more revenue for state and local governments, as well as stricter controls on which stores can sell liquor.
The measure will end Washington's state-run liquor system, which was formed in the 1930s in the aftermath of Prohibition, and allow stores larger than 10,000 square feet to sell liquor. Opponents pointed to an exemption in the law that could allow smaller stores to sell liquor if there are no other outlets in a trade area.
Read more at CBSnews.com.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, June 26, 2014
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BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
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