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Retail and Business

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Noonan to headline ABI conference in Ames

Pulitzer Prize-winning Wall Street Journal columnist Peggy Noonan will headline the Iowa Association of Business and Industry’s Taking Care of Business Conference June 4-6 in Ames. The conference is expected to draw 1,000 business leaders to venues …

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Merle Hay Mall acquires shuttered Younkers store with a debt to Polk County

Using a $1.5 million loan from Polk County, the owners of Merle Hay Mall have bought the abandoned Younkers department store from a liquidation company.

The purchase price was $1.5 million, according to Polk County …

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Hy-Vee buys Minnesota pharmacies

Hy-Vee Inc. has acquired the business of all Weber & Judd pharmacies in Minnesota. Weber & Judd has served the Rochester, Minn., area since 1862, according to a release. Patient files will automatically transfer to …

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Boondocks sold again; will reopen as truck stop with Indian restaurant

Des Moines Register: Boondocks, USA Truckstop has new owners — again. A Nebraska couple has purchased the iconic Interstate Highway 35 truck stop after its original sale fell through. They hope to have Boondocks operating as …

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Snookies Malt Shop has sold

Iconic Beaverdale ice cream shop Snookies Malt Shop was sold Feb. 15 to James and Connie Hunter’s Hunter Real Estate LLC. The property at 1810 Beaver Ave. sold for $175,000, with the provision that Snookies owner Brandy …

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Iowa ABI adds public policy coordinator

The Iowa Association of Business and Industry has hired Drew Wynes has as its public policy coordinator. He will work to advance ABI’s priorities during the 2019 legislative session, including workforce, competitive business climate and regulatory reform. …

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Raygun ‘doubling down, not cashing out’ with equity sale

Corridor Business Journal: Des Moines-based Raygun has reported raising $582,000 in funding, according to a filing with the Securities and Exchange Commission. The chain, famous for its tongue-in-cheek, Midwest-themed slogans on T-shirts, postcards and other items, …

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Retail across the water

Trepp LLC, which bills itself as “a leading provider of data, analytics and technology solutions to the global securities and investment management industries” and provides a steady dose of commercial real estate information to boot, …

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Iowa State Fair vendors ordered to take credit cards by 2020

Des Moines Register: Starting next year, those pork chops on a stick can be bought with a card. The Iowa State Fair has confirmed that it will require all food and drink vendors to accept credit …

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Organizations wrangle over managing sports betting in Iowa

Radio Iowa: Iowa grocers and convenience stores, restaurants and the state’s horsing racing industry are competing with casinos for a piece of sports betting action. The debate played out last week in House and Senate committees …