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HR & Management  |    |  

6 Factors That Comprise a Company’s Culture

by Joel Patterson

“Corporate culture” is a buzz phrase that’s been going around for over a decade now, though the actual meaning behind this hot topic is often lost. A company’s culture goes far beyond celebrations, perks, and the office layout. In fact, it reaches the very core of a business. Here are six factors that comprise a company’s culture. Heritage and Vision Every business has an … [More]

Economy & Trends  |    |  

Local Homebuilder Adapts as Homes Become More Central to Everyday Life

Fulton Homes

Fulton Homes, Arizona's largest family-owned and -operated homebuilder, and its premier Fulton Homes Design Center, is adapting to the demand that stems from nearly 12 months of exponential increases in the number of people working and learning from home. In addition to a social disruption, Arizona is the midst of one of the country’s most active markets. Realtor.com expects … [More]

Commercial Real Estate & Development  |    |  

Properties Group Enters Greater Phoenix Market with First Acquisition, Cites Healthy Employment and Income Growth

CBRE Group

CBRE announced the sale of the 523-unit multifamily community ‘Ten01 on the Lake’ in Tempe, Ariz. to Oxford Properties Group for an undisclosed amount. This is the company’s first purchase in the Greater Phoenix area. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter, and Matt Pesch of Phoenix Multifamily Institutional Properties represented the seller, a global real … [More]

Growth & Enterprise  |    |  

Bank Closes Out 2020 with 13 Consecutive Years of YOY Growth

FirstBank

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” closed out 2020 with 13 consecutive years of year-over-year growth in total assets, deposits, and loans despite the most challenging economic environment since the Great Recession. FirstBank’s Arizona branches saw exceptional growth, with total deposits growing by 34.4 percent … [More]

Healthcare & Wellness  |    |  

CVS Health and Other Pharmacies Will Begin Providing Covid-19 Vaccines

CVS Health

CVS Health will begin to offer COVID-19 vaccinations to eligible populations at a limited number of CVS Pharmacy locations across 11 states, including Arizona. Vaccinations were originally scheduled to begin on February 11, but in order to ensure in-store availability the start date has been moved to February 12. Vaccines in a retail setting will be offered on an … [More]

Live & Learn  |    |  

Their Take: Three Secrets to Surviving (and Thriving) in a Hard-Hit Pandemic Economy  

inbusinessPHX.com

In a normally functioning economy, subtle market challenges can make or break a business. In the dire economic climate of 2020, IZO Spirits Founder Gaston Martinez proved the mettle of his brand by leaning on a team mindset and his community-focused roots. A Mexican native and Mezcal connoisseur, Martinez established IZO to share with the world the historically smooth flavor of … [More]

Events  |    |  

VIRTUAL EVENT – Feb 16: AZCREW Commercial Real Estate Outlook of Northwest Valley

AZCREW

Phoenix. Glendale. Peoria. Surprise. Four of the top 10 largest cities in Arizona are forging a future as the Valley’s newest advanced industry corridor. AZCREW, the leading organization for senior-level executive women in the Metro Phoenix commercial real estate field, will present “Commercial Real Estate Outlook – Northwest Valley” in a virtual event on Feb. 16, … [More]

Growth & Enterprise  |    |  

Technologies Co. Relocates Headquarters, Plans Manufacturing Expansion in Chandler

Viavi Solutions Inc.

Viavi Solutions Inc. announced that its Optical Security and Performance Products (OSP) segment plans to establish a new manufacturing facility in Chandler, Arizona to support growing demand for its technologies. VIAVI also plans to transition its headquarters to the new facility, which is anticipated to house at least 100 employees by 2022. In preparation for this move, the … [More]

Healthcare & Wellness  |    |  

Covid-19 Saliva Testing Site Opening at Skysong in Scottsdale

Arizona State University

Arizona State University, in partnership with the Arizona Department of Health Services (ADHS), is opening a new COVID-19 saliva testing site in south Scottsdale. SkySong, The ASU Scottsdale Innovation Center, will open a free, drive-thru public testing site beginning Tuesday, February 16. The SkySong site replaces a previous ASU and ADHS testing site at Phoenix Municipal … [More]

Economy & Trends  |    |  

59% of Small Businesses Without Office Space Won’t Look for Any in 2021, Citing both the Financial Benefits and Improved Employee Satisfaction of Remote Work

Clutch

More than half of small businesses (59%) currently without office space do not plan to acquire or lease real estate in 2021, saying that the benefits of remote work outweigh the costs of having an office, according to a new report from Clutch, the leading B2B research firm. Kevin Harrington is the CEO of Joblist, a job searching platform whose workforce has been entirely … [More]

Economy & Trends  |    |  

Consumer Price Index Increases 0.3% in January, Gas Continues Its Rise at 7.4%

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment. The gasoline index continued to increase, rising 7.4 percent in January and accounting for most … [More]

HR & Management  |    |  

In Employee Compensation, You Get What You Pay For, Says Study

American Accounting Association

A study of more than 400 managers in a national hotel chain finds that the more those managers are compensated relative to their peers, the better their performance. Researchers argue that the results would hold true across industry sectors. "In many companies, employee performance is rewarded with bonuses – so companies pay for what they get out of each employee," says Jim … [More]

Growth & Enterprise  |    |  

Allegiant Announces Phoenix-Mesa to San Diego Service Expansion

Allegiant

Allegiant announces 34 new nonstop routes, including Mesa to San Diego from Phoenix-Mesa Gateway Airport. To celebrate, Allegiant is offering one-way fares on the new routes as low as $39.* San Diego International Airport (SAN) to Mesa, Arizona via Phoenix-Mesa Gateway Airport (AZA) will begin May 27, 2021 with one-way fares as low as $39. * "As summer approaches, we … [More]

Economy & Trends  |    |  

Small Business Optimism Drops Further Below Historical Index Average in January

NFIB

The NFIB Small Business Optimism Index declined in January to 95.0, down 0.9 from December and three points below the 47-year average of 98. Owners expecting better business conditions over the next six months declined seven points to a net negative 23%, the lowest level since November 2013. The net percent of owners expecting better business conditions has fallen 55 points … [More]

Economy & Trends  |    |  

Mortgage Delinquency in November Reaches the Lowest Level since March

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2020. On a national level, 5.9% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which represents a 2-percentage point increase in the overall … [More]

Workforce & Career  |    |  

Tuition-Free, Customized Tech Training Now Available to Job Seekers in Phoenix

TEKsystems

TEKsystems, a full-stack technology services provider that addresses the pressing strategy, implementation and talent needs for more than 80% of the Fortune 500, and Per Scholas, a nationally recognized leader in effective tech workforce training, announced new customized courses in Pittsburgh, Phoenix and Seattle in 2021. These tuition-free, full-time training courses … [More]

Healthcare & Wellness  |    |  

Partnership Helps Improve Medication Access in Phoenix

MedAvail

MedAvail, Inc. (“MedAvail”), a technology-enabled retail pharmacy company driving best in class medication adherence by embedding its pharmacy services directly into Medicare-focused clinics using its proprietary MedCenter solution, today announced that it is partnering with Cigna Medical Group to provide patients an additional safe and convenient way to receive medications … [More]

Commercial Real Estate & Development  |    |  

Retail Destination in Gilbert Welcomes Popular Brand Retail and Restaurants

inbusinessPHX.com

Epicenter, the high-end, vertically integrated mixed-use community and retail destination in the heart of Agritopia®, announces seven new retail and restaurant tenants that complement its existing line-up of impressive businesses. Epicenter’s new tenants include barre3, Belly Kitchen & Bar, OLIVESPA, Raw Organic Juice, Source, Spinato's Pizzeria & Family Kitchen and … [More]

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