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Retail and Business

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Fewer small Iowa businesses defaulting on loans, study shows

Corridor Business Journal: In what could reflect more optimism about the economy, the percentage of Iowa small firms defaulting on loans went down and the level of borrowing activity improved in December 2017. According to data …

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Fareway COO Greiner to retire

Fareway Stores Inc. President and COO Frederick Greiner will retire Sept. 1, the company reported. Greiner has worked for Fareway for 50 years, and has been on the board since 1991. He started in Independence, and …

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Registration open for Business Horizons 2018

The Iowa Association of Business and Industry Foundation is now accepting applications for Business Horizons, a weeklong college and career summer program for high school students. During the week, participants gain unique hands-on experience in …

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Uber will launch food delivery service in Des Moines

Des Moines Register: Having food from local restaurants delivered to your door will soon be a bit easier in the Des Moines area. Uber Eats, the food delivery arm of the popular ride-sharing company, plans to …

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FedEx launches 6th annual small-business grant contest

FedEx Corp. is committing $120,500 in grant prizes to 10 U.S.-based small businesses as part of this year’s sixth annual small business grant contest — and the top business stands to win more than $25,000 …

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Citing low ticket sales, 90-year-old Waverly movie theater abruptly closes

Waterloo-Cedar Falls Courier: A 90-year-old downtown Waverly staple is closing its doors. Waverly Palace Theatre announced the closing abruptly on its Facebook page Sunday night. After several people asked why in the comments, another post appeared …

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ABI-supported bills clear legislative hurdle

Today is a funnel day at the Iowa Legislature, which means a bill has to pass a committee by the end of the day or it’s dead unless the leadership brings it back. (There are …

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Original Legends sports bar in W.D.M. closes

Des Moines Register: After 23 years, the original Legends American Sports Bar and Grill at 5906 Ashworth Road in West Des Moines has closed its doors permanently. A sign on the door says the restaurant closed …

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Advance Iowa to offer webinar series on succession planning

Advance Iowa, a comprehensive consulting program for midsized companies, will host a monthly webinar series in 2018 on succession planning, beginning Feb. 22. It’s estimated that 85 percent of businesses have no succession plans in …

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Survey: 20 percent of small businesses plan more hiring

The percentage of U.S. small-business owners who believe that “now is a good time to expand” reached a new high in January, according to the National Federation of Independent Business (NFIB) Small Business Economic Trends …