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Retail and Business

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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 …

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Retailers plan battle zone in the TV aisle

The television aisles of top U.S. retailers are poised for a hard-fought contest this holiday season as chains take few chances on winning over budget-conscious shoppers, Reuters reported.

Unlike last year when some stores, such …

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Inductees announced for business hall of fame

Inductees announced for business hall of fame   The Greater Des Moines Committee has selected its 2011 inductees to the Iowa Business Hall of Fame. Selections are Dennis Albaugh, owner of Albaugh Inc., Donald Shepard,…
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Winnebago chairman receives $790,000 in 2011 compensation

On Oct. 25, Winnebago Industries Inc. filed a proxy statement with the Securities and Exchange Commission in preparation for the annual shareholders’ meeting on Dec. 13. The Forest City-based maker of recreational vehicles included these …

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Joining other banks, Bank of America gets rid of monthly fee

Following suit of other big banks, Bank of America Corp. decided to ax its $5 monthly fee that it would have started charging customers next year.

SunTrust Bank Inc. and Regions Financial Corp both announced …

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Census Bureau shows Des Moines has more than 14,000 private-sector businesses

This week, the Census Bureau released data showing the number of private-sector businesses in metropolitan areas.

Naturally, the New York City area had the most, with 531,446 private-sector business establishments in 2009, the most recent …

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Customer backlash over debit card fees gives banks a change of heart

More big banks are racing to backpedal on the controversial debit card fees, CNNMoney reports.

On Monday, Atlanta-based SunTrust Bank Inc. announced it will nix the $5 a month fee for debit card purchases starting …

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Payroll survey shows small businesses added fewer jobs in October

A survey showed that U.S. small businesses added fewer jobs in October than in the previous month and reduced working hours for employees, Reuters reported.   

Payrolls processing company Intuit Inc. said small businesses created …

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Business barometer drops, but still suggests growth

Business activity expanded in October at about the same pace as in the prior month, a sign that overseas demand and business investment will help keep the economy expanding, Bloomberg reported. The Institute for Supply …