Babies ‘R’ Us store makes debut today
Babies “R” Us is opening today in the former Toys “R” Us building at 6104 N. Division.
The 37,000-square foot store opens at 9:30 a.m. and features a range of products for babies. Departments offer furniture, bedding, apparel, gear and infant care items in addition to toys and a baby registry. Clothing sizes range from pre-mature to size 48 months.
Renovation of the store took four months to complete and converted the former Toys “R” Us building into the region’s first Babies “R” Us. The Spokane Valley Toys “R” Us store remains in operation.
The Babies “R” Us store is among about 250 stores throughout the nation and four in Washington State.
“Integra Telecom, Inc., a Portland-based telecommunications company, has paid $243 million to buy Electric Lightwave, Inc., a regional telecom provider which has business customers in the Spokane area.
Integra will purchase Electric Lightwave, including all assets and customers, from Citizens Communications, the parent of ELI. The parties expect to complete the transaction in the third quarter of 2006 after federal regulators approve the sale. Integra will also assume about $4 million in debt.
A press release said the combined operation will have roughly 1,000 employees and provide fiber-optic network service to 23 metro areas and eight Western states — Arizona, California, Idaho, Minnesota, North Dakota, Oregon, Utah and Washington.
“Spokane-based Red Lion Hotels Corp. announced Thursday earnings of $2.1 million or 13 cents per share for the second quarter of 2006, compared to earnings of $1.73 million or 13 cents a share from the same quarter in 2005.
Revenues from continuing operations during the quarter were $44.8 million, up 1.2 percent from the same quarter of 2005.
Revenues in the entertainment segment declined 4.8 percent from a year ago, to $2.5 million, due to differences in the type and mix of shows presented, the company reported.
Company executives also said results include a $1 million net gain from sale of the real estate management business.
Total revenues from continuing operations for the six months ended June 30, 2006 were $81.4 million, up 2.1 percent from the second quarter of 2005.