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Retail and Business

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Celebrate Small Business Saturday

The National Federation of Independent Business (NFIB) wants Iowans to make a trip to a small business the day after Black Friday and make a purchase or two in celebration of Small Business Saturday, which …

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Retailers equipping clerks with smartphones to help comparison shoppers

Lowe’s Cos. Inc., Best Buy Co. Inc. and Toys “R” Us are among retailers making big changes to prepare for a wave of holiday shoppers who will use smartphones to research products, check rivals’ prices …

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Forecast: Retailers won’t have a blue Christmas


Economists predict that retailers’ profits won’t be as merry as they were at the end of last year’s holiday season, but the stores won’t be left out in the cold.

The National Retail Federation (NRF), …

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Group projects construction spending growth

Group projects construction spending growth     Associated Builders and Contractors (ABC) projects nonresidential construction spending to grow 2.4 percent in 2012 following an anticipated 2.4 percent decrease in 2011, according to its 2012 economic…
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If you’re in the shopping mood

Wal-Mart Stores Inc. has lower online prices on a selection of toys this month than Target Corp. and Amazon.com Inc., according to a Bloomberg Industries analysis. Prices for a group of about 80 toys, including …

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Sales up, profits down at Lowe’s

Lowe’s Cos. Inc. said today that its third-quarter net profit dropped to $225 million, or 18 cents a share, from $404 million, or 29 cents a share, in the same period a year ago, MarketWatch …

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Export and import prices dropped last month

Export and import prices dropped last month U.S. import prices declined 0.6 percent in October after recording no change in September, the U.S. Bureau of Labor Statistics (BLS) said today. Decreasing fuel prices contributed to…
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Nike to open factory store in West Des Moines

Nike to open factory store in West Des Moines Nike Inc. will open a factory retail location in West Des Moines at the Village at Jordan Creek, just south of the Jordan Creek Town Center…
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Des Moines about to run on Dunkin’

Dunkin’ Donuts will open 12 restaurants in Greater Des Moines by 2018, with the first slated to open in 2012.

The company today announced the signing of a multi-unit store development agreement with father-and-son team …

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Best Buy scuttles deal to focus on U.S. business

U.S. electronics retailer Best Buy Co. Inc. said today it is buying its British partner out of a fast-growing U.S. mobile phone joint venture for $1.3 billion and scrapping plans for a chain of European …