In brief: Anthropologie moving into space Mobius is leaving
Anthropologie will apparently occupy the space being vacated by the Mobius Science Center, according to a building permit filed with the city of Spokane.
The Philadelphia-based retailer sells women’s clothing and home furnishings, and at the end of October had 199 stores in the United States, Canada and Europe.
A building permit for tenant improvements to the site at 811 W. Main Ave. was filed recently listing Anthropologie as the tenant, then was amended to list only “future tenant” under the project description. Brian Coddington, spokesman for the city of Spokane, confirmed the two permits are for the same project.
Bryn West, general manager of River Park Square, declined to comment.
Both River Park Square and the West 809 Building where Anthropologie will open are owned by subsidiaries of Cowles Co., which also publishes The Spokesman-Review.
Anthropologie is owned by Urban Outfitters Inc. A spokeswoman for the retailer did not immediately return a call seeking comment.
Mobius is moving out of its current space at the end of March and will open temporarily in the main Spokane Public Library. By the end of the year, the science museum hopes to move to a permanent home in the annex of the Washington Water Power building across from Riverfront Park.
January job gains solid but fall short of forecast
WASHINGTON – Private-sector hiring cooled last month, with employers adding a still-solid 213,000 net new jobs, payroll firm Automatic Data Processing said Wednesday.
The figure, which is a closely watched labor market indicator, was down from an upwardly revised 253,000 the previous month. December’s job gains originally were estimated at 241,000.
Economists had forecast that the ADP report would show the private sector added 220,000 net new jobs last month.
The ADP data come ahead of Friday’s Labor Department report on overall job growth in the private and public sectors.
Saudi investor sells most of its stake in News Corp.
RIYADH, Saudi Arabia – The investment firm headed by Saudi billionaire Prince Alwaleed bin Talal said it has sold off most of its stake in Rupert Murdoch’s News Corp.
Kingdom Holding said on Wednesday it has reduced its stake in the New York-based owner of the Wall Street Journal and other, mostly print media properties, to about 1 percent, from 6.6 percent. It said the sale generated $188 million.
Alwaleed says the move was part of a general portfolio review, and that Kingdom remains “firm believers in News Corp.’s competent management.”
Kingdom said it continues to maintain a 6.6 percent stake in Twenty-First Century Fox, which holds TV and movie properties. News Corp. split off from that company in 2013.