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Retail and Business

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S&P Global report: Companies in good shape despite rising interest rates

U.S. companies are so far unfazed by inflation and rising borrowing costs as they enter 2022 well positioned to repay their debts, according to a new analysis from S&P Global Market Intelligence. The median interest coverage ratio …

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BLK & Bold founder participating in new television series ‘Bet on Black’

Pernell Cezar, co-founder and CEO of Des Moines-based BLK & Bold Specialty Beverages, will appear on a new television series “Bet on Black,” where Black entrepreneurs pitch their businesses to a panel of judges. The …

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Pigott acquires Saxton

Two of Iowa’s largest office furniture companies, Pigott Inc. and Saxton Inc., have joined forces, the two Des Moines-based companies announced Wednesday. In a transaction completed on Dec. 30, Pigott acquired the assets of Saxton, and the …

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Casey’s expanding Des Moines presence with leased space on Ingersoll

Casey’s General Stores Inc. is entering an agreement with a group associated with Price Chopper to lease the convenience store and fueling pumps located at 3425 Ingersoll Ave. in Des Moines, a spokeswoman for Ankeny-based …

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Business Council’s Q4 outlook shows increased optimism despite lingering worries about workforce and supply chain

Despite increased confidence, hiring remains a top concern in the first half of 2022 with little improvement expected in supply chain disruptions, according to the Iowa Business Council’s fourth-quarter Economic Outlook Survey released today.

The …

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Kinzler Construction Services acquires WD Door

Kinzler Construction Services announced that it has acquired WD Door, an overhead door and operator company based in Ankeny, effective Jan. 1. WD Door also operates a location in Cedar Rapids, known as Doors by George. …

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NOTEBOOK – ONE GOOD READ: American workers are burned out, and bosses are struggling to respond

To retain their employees in 2022, corporate companies are testing out just about any strategy that may help prevent and reverse employee burnout, from allowing asynchronous schedules to switching to a four-day workweek. But the Wall …

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Iowa Restaurant Association wants to change state’s alcohol distribution law

KCRG-TV: The Iowa Restaurant Association wants to make changes to the state’s alcohol distribution laws. Restaurants statewide are only allowed to buy beer from distributors, keeping them from being able to restock on any brews at …

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Hy-Vee adding security officers to its stores

Hy-Vee will be placing security officers in stores as part of the grocer’s ongoing efforts to ensure the health and safety of its customers and employees, the company announced in a news release.

According to …

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Amazon reaches labor deal, giving workers more power to organize

New York Times: Amazon, which faces mounting scrutiny over worker rights, agreed to let its warehouse employees more easily organize in the workplace as part of a nationwide settlement with the National Labor Relations Board this …