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Retail and Business

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Casey’s stock price drops with high gas prices, predictions of slowing growth

Des Moines Register: Casey’s General Stores shares slipped today as executives predicted some customers will drive less because of high gas prices, slowing the company’s growth. Leaders of the Ankeny-based chain said they expect fuel sales …

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Project515 panelists: Lessons retailers learned during COVID

For nearly two years, predictions about the retail sector have been doom and gloom, including speculation that e-commerce would replace brick-and-mortar stores.

Headlines for the immediate future don’t provide many glimmers of optimism: Inflation is …

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Kwik Star adding Bitcoin ATMs to 800 locations nationwide

Corridor Business Journal: Installation is underway at Kwik Star to add Bitcoin ATMs at more than 800 locations across Iowa and the Midwest due to a partnership with Coinsource, a Bitcoin ATM network. The announcement is …

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BR BUZZ: BLK & Bold founders appear on ‘The Ellen DeGeneres Show’

Pernell Cezar and Rod Johnson, co-founders of Des Moines-based specialty beverage company BLK & Bold, were guests on “The Ellen DeGeneres Show” last week as the program nears its final episode. Cezar and Johnson shared…
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NOTEBOOK – ONE GOOD READ: ‘Misforecasting’ leads retailers to have an abundance of casual wear as workers shift back to the office

You know all those sweatpants you accumulated working from home? The good news for you is there is an abundance of them on store shelves. The bad news for department stores is they have too …

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$24.3M in renovations proposed for 2 downtown warehouses

A local development team is proposing a $10 million historical renovation of a four-story brick building at 106 S.W. Seventh St. in Des Moines. The building was originally occupied by Carpenter Paper Co., whose name …

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Ames printing companies merge

Ames-based printing company Sigler has announced the acquisition of another Ames printing business, Alpha Copies and its franchise business Fastsigns. According to a news release, the deal will be effective on July 1. Alpha Copies …

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Receiver appointed in Valley West Mall foreclosure proceedings

Krista Freitag, who specializes in overseeing properties in foreclosure, has been appointed as receiver of Valley West Mall while a foreclosure petition makes its way through legal proceedings, a Polk County District Court judge ordered…
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Hearing scheduled on Valley West Mall foreclosure petition

A Polk County District Court judge has scheduled a hearing for 11 a.m. Friday to hear a request to appoint a receiver for Valley West Mall, 1551 Valley West Drive in West Des Moines. In May, U.S. …

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NOTEBOOK – ONE GOOD READ: Hotels and airlines cause stress. Now they’re trying to relieve it.

I will admit, when I saw this Wall Street Journal headline I quickly recalled distinct memories of travel snafus that led to internal meltdowns (although I’d like to think I kept my cool on the outside). Reporter …