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Retail and Business

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Downtown foot traffic continues to increase in third quarter

Downtown foot traffic continues to increase and exceed national averages, a new report from the Greater Des Moines Partnership shows.

Highlights from the June 1 through Aug. 31 report show that:

Weekly foot traffic averaged…
By Business Record Staff | Sep 19, 2023
Peace Tree Brewing logo

Peace Tree Brewing Co. seeks new ownership

The owner of Peace Tree Brewing Co. announced Sept. 14 that she plans to sell her business.

Megan McKay, who founded one of Iowa’s first craft breweries and the first 100% woman-owned Iowa brewery nearly …
By Business Record Staff | Sep 18, 2023
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4 Legends in Manufacturing awardees chosen

The Iowa Association of Business and Industry and Elevate Advanced Manufacturing will recognize four manufacturing leaders at the annual Legends in Manufacturing awards program during ABI’s Iowa Manufacturing Conference on Oct. 4 at the FFA …
By Business Record Staff | Sep 18, 2023
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Chris Clement joins McClure as chief operating officer

Chris Clement is joining Midwest-based McClure, a civil, environmental and structural engineering firm headquartered in Clive, as the company’s chief operating officer. The move was effective Sept. 6 and designed to continue McClure’s growth outside …
By Business Record Staff | Sep 14, 2023
Tanner Krause Gateway Center

Tanner Krause reflects on time at Kum & Go, next steps

Tanner Krause, CEO of Kum & Go, at the Krause Gateway Center in downtown Des Moines. Krause’s last day as CEO is tomorrow as Kum & Go transitions following the sale to Maverik. Maverik CEO…
By Sarah Diehn | Sep 14, 2023
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Tanner Krause concludes tenure as Kum & Go CEO on Friday

Tanner Krause

Kum & Go CEO Tanner Krause will conclude his three-year tenure as the company’s chief executive on Friday, following the close of the sale to Utah-based Maverik, Krause told the Business Record.

Maverik …
By Business Record Staff | Sep 13, 2023
Casey's

Casey’s General Stores’ stock climbs 11%

Shares of Casey’s General Stores Inc. were up 11% after the convenience store chain reported first-quarter results that beat Wall Street expectations.

Casey’s earnings grew 9.5% year over year to $4.52 per share, beating analysts’ …
By Business Record Staff | Sep 13, 2023
Kum Go logo 1

Council OKs preliminary terms of grant to new owner of Kum & Go

The Des Moines City Council this week approved preliminary terms of an urban development agreement with FJ Management Inc., which plans on opening a regional headquarters in downtown Des Moines. FJ Management, which owns Maverik …
By Business Record Staff | Sep 13, 2023
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Northern Vessel, We Will Collective partner to support raising NIL funds

Northern Vessel Coffee Co., an Iowa-based coffee company in downtown Des Moines, and the We Will Collective announced a recent partnership for the production of We Will Cold Brew. A portion of the proceeds from …
By Business Record Staff | Sep 12, 2023
CyTown rendering

CyTown welcomes McFarland Clinic as first tenant

Above is a rendering of a completed CyTown between Jack Trice Stadium and Hilton Coliseum in Ames. It was announced that McFarland Clinic will be CyTown’s first tenant. The image was provided by the ISU…
By Michael Crumb | Sep 7, 2023