Stay informed about business news and updates in Lynnwood, WA.
Planet Fitness will celebrate the grand opening of its new Edmonds location with a ribbon-cutting ceremony and open house on October 25. The event will feature complimentary cake and is expected to attract local community members interested in fitness and wellness. This opening represents an important addition to the city's health and fitness landscape.
Walgreens is set to close approximately 1,200 stores nationwide as part of a strategic effort to revitalize its struggling U.S. business, which recently reported a staggering $3 billion quarterly loss. This decision reflects the company's response to ongoing challenges in the retail pharmacy sector and aims to streamline operations for sustainable growth.
Boeing announced plans to reduce its workforce by approximately 17,000 employees, representing about 10% of its total staff. This decision is coupled with the cessation of production of a cargo aircraft manufactured in Washington, highlighting significant changes within the company. The layoffs are poised to have a considerable impact on the local economy and job market.
7-Eleven is set to close over 400 store locations across North America due to underperformance, impacting various communities. This decision highlights shifting trends in consumer behavior and the challenges faced by retail chains. The closures underscore significant changes in the convenience store market landscape.
Boeing has announced it will stop production of the 767 Freighter by 2027, alongside a planned 10% reduction in its global workforce due to financial challenges. This decision follows delays in the delivery of the 777X airplane and a recent strike by the Machinist union. The company will fulfill its remaining orders for 29 freighters, primarily for UPS and FedEx.
The Lynnwood Event Center is introducing new offerings and enhancements aimed at improving guest experiences, including innovative Action Station Enhancements from Plate & Palette. These upgrades are part of the center's ongoing efforts to diversify and enhance the services provided for events.
Lombardi's Italian Restaurant in Mill Creek will close on August 24 due to unsustainable lease rates and rising operating costs. Founder Diane Symms and CEO Kerri Lonergan-Dreke thank the community for their support over the past 12 years and invite patrons to visit before the closure. The Everett and Bellingham locations will remain open.
Holman, a New Jersey-based automotive group, is expanding in Washington by purchasing the land of the Lexus of Seattle dealership in Lynnwood for $19.8 million. This acquisition strengthens Holman's local presence, following its earlier purchase of Land Rover Lynnwood.
Local businesses in Everett are pushing for the re-establishment of a city Chamber of Commerce, which has been absent since 2011. At a recent City Council meeting, a proposal was made to allocate $500,000 in COVID-19 relief funding to launch the chamber, aimed at fostering economic growth and supporting local enterprises.
Uniqlo, the Tokyo-based apparel retailer, will open a store at Alderwood Mall in Lynnwood, Washington, on May 17, 2024, providing local residents with convenient access to affordable clothing and reducing the need for trips to Bellevue. This store will be part of Uniqlo's plan to expand to 200 locations in North America by 2027.