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Retail and Business

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NOTABLE TRANSACTIONS: U.S. Bank downtown location sells to Minnesota firm

Iowa-MAP II LLC, based in Minnesota, paid U.S. Bank National Association $1.2 million for property at 520 Walnut St. in Des Moines, Polk County real estate records show.


The approximately half-acre property includes a five-story…
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NOTEBOOK – ONE GOOD READ: Supply chain disruptions beginning to ease as holiday shopping season kicks into high gear

There’s some evidence to show the disruptions in the supply chain are beginning to ease, but experts aren’t expecting a full return to normal until sometime next year. According to this Wall Street Journal article, factory …

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Alden Global Capital mounts takeover bid for Iowa-based publisher Lee Enterprises

Poynter: Alden Capital continued its drive to own as much of the American newspaper industry as it can with a bid today to acquire Davenport-based Lee Enterprises, a publicly traded chain of 75 daily newspapers and …

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Online used-car retailer Carvana opens hub in D.M., first physical presence in Iowa

Des Moines Register: Carvana, an online used-car retailer, is opening an office in Des Moines, the Arizona-based company’s first physical presence in Iowa. The new office hub will serve as the “last stop before the car …

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Java Joes CoffeeHouse in downtown Des Moines closes after 29 years

WHO-TV: A longtime coffee shop in downtown Des Moines has closed. Java Joes CoffeeHouse at 214 Fourth St. is closed effective immediately. It was the original Java Joes location, first opening in 1992. Tim Brehm, who …

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NOTEBOOK – ONE GOOD READ: Candy maker Hershey getting into pretzel business

The company that makes Hershey’s Kisses and Reese’s Peanut Butter Cups is jumping into the pretzel business, reports Jesse Newman for the Wall Street Journal. Hershey Co. has made a deal to buy Dot’s Homestyle Pretzels and …

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Historic downtown Des Moines building will be new home to Twisted Vine Brewery

Twisted Vine Brewery will occupy the first floor of a building at 112 S.E. Fourth St. in Des Moines. The building is undergoing a $6.3 million renovation. Architectural rendering by Goshe Inclusions

A three-story building undergoing …

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Iowa Tourism Office launches distillery passport program

People can now explore some of the state’s distilleries for a chance to win prizes, and get discounts on products. The Iowa Tourism Office has launched the Iowa distillery digital passport, which provides a free …

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Lawsuit: Pizza delivery workers’ net wages total 35 cents an hour in Iowa

Iowa Capital Dispatch: A lawsuit alleges that by shortchanging its Iowa delivery drivers on mileage reimbursement, Domino’s Pizza is effectively paying those workers 35 cents an hour. Alexia Stevens, a former Domino’s driver who worked for …

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Iowa joins 10 states in lawsuit challenging new federal vaccine rule for large employers

Des Moines Register: Iowa has joined 10 other states and a handful of private, nonprofit and religious employers in suing the Biden administration over its vaccination requirement for businesses with 100 or more employees. The rule, …