Newsletter — June 12, 2025 | | |
IN THE NEWS
POLICY
ECONOMY
ON THE LOCAL FRONT
RETAIL THEFT & PUBLIC SAFETY
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Seattle City leaders discuss public safety, economic recovery with business community
On June 10, WR, in partnership with Schwabe and the Washington Business Properties Association (WBPA), co-hosted a dynamic meet-and-greet event at the U.S. Bank City Center in downtown Seattle. The event featured Seattle City Council President Sara Nelson and City Attorney Ann Davison and was designed to give business owners and leaders in and around Seattle a deeper look into the city’s efforts to improve public safety, economic vitality, and overall livability.
Moderated by TVW anchor Mike McClanahan, the evening featured an engaging discussion that explored the challenges and opportunities facing Seattle’s business climate. Speakers shared updates on current city-led initiatives to reduce crime, revitalize downtown, and foster a more welcoming environment for businesses and workers.
City Attorney Ann Davison spoke to the importance of a thriving city, stating, “An economically vibrant, healthy city is what we’re all working toward.” She also praised Council President Nelson’s leadership and tireless commitment to actionable progress: “Sara is the hardest working, always thinking about what to do now, what to do later, but how to do it all.”
Council President Nelson echoed the urgency and importance of business engagement: “I know that brick-and-mortar matters, and retail will have a seat at my table,” she said. “It’s time for City Hall to stop letting downtown fend for itself. It’s time to give retail a real seat at the table.”
The event's goals were threefold: to highlight the successes of city leaders and their shared vision for Seattle’s future, to engage business owners and leaders in meaningful dialogue about the city’s economic and public safety strategies, and to foster greater collaboration with the business community on top issues impacting Seattle.
Following the panel, attendees had the opportunity to connect one-on-one with the speakers during a networking reception with light refreshments. The evening underscored WR’s continued commitment to convening conversations that connect members with key policymakers and contribute to a more vibrant and resilient retail landscape across Washington.
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WR participates in Senator Dhingra’s “Strengthening Communities” Breakfast
WR's Government Affairs team proudly served as a table captain at Senator Manka Dhingra’s (D-45) annual Strengthening Communities Breakfast Fundraiser. The event brought together lawmakers, community leaders, and advocates to discuss shared priorities and promote efforts to build stronger, safer communities.
Senator Dhingra, a longtime legislator and key Senate leader, played a vital role, alongside Senator Jeff Holy (R-06), in advancing WR’s priority legislation, HB 1500, which secured critical public safety funding. Their bipartisan collaboration was instrumental in moving the bill through the legislature and onto the governor’s desk.
If you’re interested in joining WR at future events or key legislative meetings, please contact Crystal Leatherman, Director of State & Local Government Affairs, at (360) 884-0771 or cleatherman@washingtonretail.org.
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WR celebrates H Mart’s 10th PNW location in Ballard
H Mart, the popular Asian supermarket chain, celebrated the grand opening of its 10th Washington location on June 5 in Seattle’s Ballard neighborhood. Rose Gundersen, WR’s Vice President of Retail Services, attended the event, reaffirming WR’s support for member growth and retail diversity across the state.
The event featured remarks from Seunghyun Lee, General Manager of H Mart Ballard, and Ray Chavez, Property Manager at CenterCal Properties, recognizing the collaborative effort that brought this new retail opportunity to the community.
Located at 951 NW Ballard Way, the 25,000-square-foot store occupies the former New Seasons Market space. While Ballard is historically known for its Scandinavian roots, the arrival of H Mart reflects the neighborhood’s evolving demographics and the growing demand for international grocery options.
This strategic partnership between CenterCal Properties and H Mart Pacific NW is a strong example of how thoughtful development and cultural diversity are shaping Washington’s retail landscape.
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Coalition urges action to prevent supply chain disruptions
As tariff pauses near expiration, national trade groups are sounding the alarm over potential supply chain disruptions reminiscent of those seen during the pandemic. The 90-day suspensions on reciprocal tariffs (ending July 9) and China tariffs (ending August 12) have prompted a surge in import activity, contributing to rising freight rates and early signs of port congestion.
In response, the National Retail Federation, National Industrial Transportation League, and National Customs Brokers & Forwarders Association of America are leading a multi-association coalition urging swift federal action. A joint letter addressed to Transportation Secretary Sean Duffy, Commerce Secretary Howard Lutnick, and Federal Maritime Commission Chair Louis Sola calls on the administration to collaborate with industry stakeholders to avoid widespread port delays and economic ripple effects.
WR has signed on in support of the letter, joining other organizations advocating for proactive planning to maintain stable supply chains and protect consumers and businesses alike.
Trade and logistics experts warn that failing to act could result in shipping bottlenecks, rising costs, and delays in merchandise movement across the country. The coalition is requesting immediate engagement to prevent repeat disruptions to U.S. commerce.
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Washington’s average wage climbs to $95,160 in 2024
Washington’s average annual wage rose 6.8 percent in 2024 to $95,160, according to the state Employment Security Department. This increase outpaced the previous year’s 5.9 percent gain and is expected to impact unemployment insurance benefits, Paid Family and Medical Leave, and employer payroll taxes in 2025 and 2026.
The average weekly wage also grew from $1,714 to $1,830. This growth was driven by a 0.7 percent increase in employment and a 7.5 percent rise in total wages across the state.
Starting July 6, 2025, unemployment benefit levels will increase. The minimum weekly benefit will rise to $366, while the maximum will increase to $1,152. Beginning January 1, 2026, the maximum Paid Leave benefit will grow to $1,647, with the minimum remaining at $100.
Employers will see the taxable wage base increase from $72,800 in 2025 to $78,200 in 2026. Unemployment insurance tax rates are based on employer experience and are issued annually in December.
Sectors showing the largest wage growth included management of companies, information, and utilities. For more details, visit the Employment Security Department’s website.
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Import cargo surge expected amid temporary tariff pause
Retailers are expected to ramp up imports this summer following a temporary 90-day pause in tariff increases on goods from China, according to the latest Global Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.
The pause, which lowered tariffs from 145 percent to 30 percent until August 12, has prompted retailers to quickly place orders ahead of the back-to-school and holiday shopping seasons. This move comes after many retailers had previously reduced or delayed imports due to the steep tariffs introduced in April.
Jonathan Gold, NRF’s Vice President for Supply Chain and Customs Policy, emphasized the need for continued trade negotiations to support supply chain stability. He noted that retailers are working to ensure products remain available and affordable for consumers.
While May saw a notable drop in imports, June through August is projected to show a short-term rebound. However, experts warn that unless further extensions or agreements are reached, import volumes could decline significantly in the fall.
Global Port Tracker forecasts 12.54 million Twenty-Foot Equivalent Units (TEU) for the first half of 2025, slightly below pre-tariff projections but above earlier estimates made before the pause.
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Everyday economics: Will inflation stay tame?
By Orphe Divounguy | The Center Square contributor
Bottom Line: This week's inflation data is expected to show a slight uptick in consumer prices. However, a moderation in consumer spending could limit the ability of businesses to pass tariff-induced cost increases to consumers. This week brings the economic calendar's main event: the May consumer price index (CPI) release on June 11 and producer price index (PPI) data on June 12. These reports will provide crucial insight into whether the recent moderation in price pressures can be sustained amid ongoing trade tensions.
April's Inflation Signals
April's CPI data showed consumer prices rose 0.2% monthly, translating to a 2.3% annual rate – a reassuring deceleration from earlier in the year. Producer prices fell 0.5% in April but are expected to rise due to tariffs.
The key question is whether producers can successfully pass tariff-induced cost increases to consumers without derailing the broader disinflationary trend.
The Precautionary Savings Signal
The personal savings rate jumped to 4.9% in April from 4.3% in March, reaching a one-year high. The savings rate was just 3.5% in December 2024. This isn't just a statistical curiosity – it's a powerful indicator that American households are pulling back on spending and preparing for potential income shocks.
When people choose to save rather than spend, it signals declining confidence in their future income prospects. This behavior directly reduces consumer demand, which in turn limits businesses' ability to raise prices. The math is straightforward: less demand equals less pricing power.
| | Image: Seattle City Council Blog | | |
Seattle Councilmember announces her resignation
For the second time in less than two years, a Council seat will open following a resignation. In early January 2024, Councilmember Tammy Morales quit her District 2 seat. Last week, it was Councilmember Cathy Moore, who announced her resignation from her District 5 seat. Moore succeeded two-term Councilmember Debora Juarez in 2023.
A former Superior Court Judge, Moore focused her Council time on addressing public safety concerns of her District 5 constituents. In the face of strong progressive opposition, she led the fight to pass the Stay Out of Areas of Prostitution (“SOAP”) legislation. Her district includes north Aurora Avenue, an area plagued by heavy prostitution activity for decades. The SOAP legislation targeted pimps and customers, empowering judges to order people arrested for, or convicted of, engaging prostitutes to stay out of the SOAP area or face further prosecution.
Elected with the support of Council President Sara Nelson, Moore generally sided with the moderate majority on the Council. Last year, during Council budget deliberations, however, Moore proposed a capital gains tax to help close the City’s budget shortfall. Although it did not pass, a majority of the Council opposed it on the grounds that it needed further study. This year, she proposed, then withdrew, legislation to reform the City’s broken ethics rules after it drew opposition from the Mayor and progressives.
Unlike the District 2 seat, now held by Councilmember Alexis Mercedes Rinck, Moore’s seat will not be on the 2025 ballot. Because the resignation occurred after this year’s candidate filing deadline, her appointed successor will serve for nearly 17 months. Once her resignation is effective on July 7, the Council will have 21 days to appoint her replacement, who will serve until voters choose her successor in the 2026 general election.
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What I learned at Nordstrom - and why it matters for Washington retail
While visiting Seattle, a conversation between The Retail Doctor and Ben Stanton, a new sales associate at Nordstrom’s flagship store, offered a powerful reminder of what makes retail meaningful. Just two weeks into his role, Ben is already creating memorable customer experiences grounded in connection and authenticity.
Ben’s journey is inspiring. After surviving a nine-month coma, he returned to retail not just to sell but to engage. A tattoo on his neck reading “Still Here” sparked a heartfelt conversation that quickly went beyond clothing. His presence and openness show how personal stories and sincere interactions can transform routine transactions into lasting impressions.
Ben’s approach highlights a broader truth: retail is about more than products. It’s about people, conversations, and showing up fully. Yet, these skills often go untaught. As the industry evolves, investing in human-centered training may be key to its future.
Ben reminds us why retail matters, not just for what we buy but for how we feel while buying it. His story is a call to rediscover the human connection at the heart of every retail experience.
Video chat with Ben
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Free webinar: Understanding taxes for Washington business owners
Join an upcoming free webinar on June 16 designed to help Washington business owners confidently navigate the state’s complex tax landscape. Led by financial expert Amelia Lockhart, this two-hour session will break down the essential federal, state, and local tax obligations that impact both your business and personal income.
Attendees will learn how to properly report and pay taxes, avoid common mistakes, and implement sound recordkeeping practices. Whether you're launching a startup or managing an established business, this session will provide practical strategies for financial clarity and legal compliance.
With nearly 20 years of experience in accounting and finance, including owning and operating multiple businesses, Lockhart brings a wealth of insight to support entrepreneurs. She now leads Path to Profits Consulting, where she offers Fractional CFO and COO services to businesses seeking operational and financial stability.
Don’t miss this opportunity to gain valuable knowledge that will help you avoid costly errors and strengthen your financial foundation.
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Date: Monday, June 16, 2025
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Time: 10:00 a.m. PDT
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Cost: Free
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Duration: 2 hours
Register now to reserve your spot.
| | Image: Dean Rutz / The Seattle Times | | |
More Rite Aid and Bartell Drugs closures announced in Washington
Rite Aid has announced the closure of 17 more Washington stores, including four Bartell Drugs locations, as part of its ongoing bankruptcy-related liquidation. The closures were listed in a recent court filing that added over 200 new shutdowns nationwide.
This latest round follows the announcement last month of 24 Washington closures, bringing the total to over 40 stores in the state impacted by the company’s bankruptcy. Rite Aid filed for Chapter 11 for the second time on May 5.
CVS recently agreed to purchase 64 unspecified Rite Aid and Bartell stores in Washington, Oregon and Idaho. However, these represent only a fraction of the approximately 190 locations Rite Aid operated in those states. Experts suggest that remaining unpurchased stores may be underperforming and likely to close.
The closures are contributing to concerns about limited pharmacy access in affected communities. As part of the process, prescription files from over 1,000 Rite Aid stores are being transferred to competitors, with CVS receiving files from 625 locations.
The number of Bartell Drugs stores may now fall to around 30, down from 68 at the time of Rite Aid’s 2020 acquisition.
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WAORCA nominated for ORCA of the Year by LP Magazine – Vote now!
The Washington Organized Retail Crime Alliance (WAORCA) has been nominated for the prestigious ORCA of the Year award as part of LP Magazine’s Hall of Fame program. This national recognition spotlights WAORCA’s outstanding work in uniting law enforcement, retailers, and communities to combat organized retail crime across Washington.
The ORCA of the Year award honors an Organized Retail Crime Association or Alliance that demonstrates exceptional partnership and investigative efforts. Nominees are evaluated based on their ability to foster collaboration across sectors, implement innovative strategies for intelligence sharing, achieve investigative success, and deliver meaningful crime reduction outcomes. WAORCA excels in coordinating efforts, sharing critical information, and promoting public safety through collective action.
Voting is now open! Cast your vote today to support WAORCA’s nomination for Outstanding ORCA. Winners will be announced by LP Magazine later this year, with award presentations expected during the upcoming Western States Conference. WAORCA’s nomination, and your vote, underscore Washington’s leadership and commitment to building safer retail environments and communities through strategic collaboration.
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WR diversity statement
WR is committed to the principles of justice, equity, diversity, and inclusion. We strive to create a safe, welcoming environment in which these principles can thrive.
We value all people regardless of race, ethnicity, gender, religion, age, identity, sexual orientation, nationality, or disability, and that is the foundation of our commitment to those we serve.
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Renée Sunde, President/CEO — 360.200.6450 — Email
Mark Johnson, Sr. VP of Policy & Government Affairs — 360.943.0667 — Email
Crystal Leatherman, Dir of Local & State Government Affairs — 360.200-6453 — Email
Rose Gundersen, VP of Operations & Retail Services — 360.200.6452 — Email
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