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Weekly Market Report – November 24, 2022
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Restaurant & Retail Updates
Early Bird has opened in Regency Landing northeast of Interstate 680 & Pacific Street. The breakfast-and-lunch restaurant has other locations in the Blackstone District and Shadow Lake Towne Center as well as restaurants in Lincoln and Des Moines, Iowa. The Regency location has a full bar, outdoor heated seating and garage-door patios.
The owners of Lola’s restaurant at 4952 Dodge Street plan to open a new café known as “Fig,” next spring inside the Kiewit Luminarium, the $100 million STEM museum under development on Lewis & Clark Landing.
Clean Slate Food Co., a local food delivery service, will open a cafe in Millwork Commons in December. The café will offer a weekly meal service, delivered to your home, and the meals can be tailored to suit allergen or dietary needs. The café will be located right off “The Dock” in the Ashton building.
Celebrity chef Guy Fieri plans to open Guy Fieri’s Council Bluffs Kitchen + Bar this spring at Harrah’s Hotel & Casino. The restaurant is designed to enhance Stir Concert Cove, an existing outdoor entertainment venue.
Copps Pizza Company has reopened its original location at 72nd & Jones Street. The location had temporarily closed when Copps opened its newest location near 180th & West Center Road. The reopened location is called “Copps Express and offers both dine in and carry out service.
After relocating from Old Millard, Kinaara has now opened at Regency Shopping Center. Founded by Ashish and Kimberly Sathyan, Kinaara is a popular, full-service restaurant serving authentic Indian cuisine from all regions of the subcontinent.
Taco John’s has completed an exterior and interior remodel of its store at 217 East Broadway in Council Bluffs.
Bath & Body Works and White Barn will open a joint store in a former Panera space at Eagle Run Shopping Center near 132nd & West Maple Road. Construction is now underway and opening is planned for winter 2023.
The Sarpy County Chamber of Commerce will hold ribbon cuttings on December 2nd for the new Hotworx location in Papillion’s Shadow Lake Towne Center and on December 7th for the Hotworx in La Vista’s City Centre.
Hickory Farms has opened a holiday season store at Village Pointe Shopping Center.
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The “Restaurant & Retail Updates” section is sponsored by Anderson Convenience Market, featuring Quality AMOCO Fuels and serving Omaha since 1952, and proud to announce the return of Quality Amoco Fuels. Look for changes this Summer at Anderson Convenience Market – 8 Omaha area locations!
Learn more about Anderson Convenience market at www.Anderson1952.com
Grow Omaha Eats with
Sarah Baker Hansen
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Review: At Anna’s Place, Omaha’s history is served in original, beautiful cocktails
The Dungeness crab pot, one of the new dishes on the menu at the newly reopened Twisted Cork Bistro, is a contact sport, in the best possible way.
I barely took any notes while I was eating it, and for good reason: I was eating crab, mussels, tiny roast potatoes, crisp-tender green beans and bread dipped in savory, hot broth, almost all of it with my hands. I absolutely love crab, and hardly ever see anywhere else in Omaha, period.
Even without a single word written down, I can tell you all you need to know: it’s downright delicious, and I ate every last morsel.
“You aren’t going to get that crab pot on a first date,” co-owner Darrell Auld said to me when we chatted after my two recent visits.
He’s right: Good thing I was with my husband of 14 years. (I think he still liked me even elbow deep in crustacean.)
I for one am excited to see the return of a little neighborhood gem like Twisted Cork, which reopened off 108th and Pacific Streets in July after being closed for a 27-month renovation.
The restaurant always had an unusual, narrow focus on the food and wine of the Pacific Northwest, as well as seafood that Auld ships in regularly from Hawaii. Diners familiar with the spot will find a lineup of some old favorites — salmon tacos, a spicy steak, an unforgettable burger — alongside newer items like the crab pot, several new appetizers and at least one bison dish.
It’s the kind of refresh, both in menu and dining room, that makes an old favorite feel new again.
Inside, the space is much larger, and its layout has been flipped: The bar used to be on the south side, and now it’s adjacent to the door, which is on the north side. The main dining room is to the south, with a window into a newly renovated, larger kitchen, now on the building’s west side.
It’s still cozy and warm, and Auld said that’s because, in part, they reused the same booths, which they had refinished, and stuck with the same warm-hued paint colors the restaurant had before. They also introduced a larger, covered patio with heaters.
Auld, who owns the restaurant with his wife, Laura, said the building’s previous owner got an offer he couldn’t refuse, and they figured it would be torn down. Instead, the new owners asked Auld to stay, and offered him more space. By that time, he’d opened his second restaurant, Pacific Eating House, a few miles west, also on Pacific street, and decided to take them up on the opportunity.
Then the pandemic happened. Auld said it slowed everything down, and supply chain issues plagued the ongoing construction project, which ended up stretching past the two-year mark.
“Restaurants do not survive being closed 27 months,” Auld said. “It took a long, long time.”
When Twisted Cork reopened, it found a changed dining public. Auld said diners don’t want to sit as close to each other as they used to. They don’t go out quite as much. And sometimes, they experience sticker shock at seafood and beef that’s much more expensive than it used to be.
It’s true that Twisted Cork is more expensive than it used to be. But what’s also true: it’s always had a seafood-focused menu, and let’s face it, this is Nebraska. We pay a premium. If you’re going to pay more to begin with, you might as well get the quality that Auld serves.
Take the simple Whidby island shrimp, on the appetizer menu: beautifully, simply grilled, and paired with a mild aioli and bites of grapefruit, it’s bright and texturally pleasing, but lets the seafood shine.
Or the Seattle Cioppino, another old favorite, which is still as flavorful and spicy as ever, with a bright red tomato and fennel broth served in a low bowl packed with Sockeye salmon, wild shrimp, scallops, mussels and avocado, served with a long slice of grilled baguette. It’s not just great seafood, it’s balanced and bright.
The Northwest duet is the kind of fish dish I wish I saw more often in Omaha. It’s a simple pairing of high-quality flaky white Halibut next to an equally sized piece of Sockeye salmon, the two pieces separated by nicely cooked citrus rice and asparagus. Each fish comes topped with its own herb-forward sauce. It’s another moment where the seafood steals the show.
The only time seafood stumbled in the two visits was when we tried the JDF tacos, which come in crunchy blue corn shells filled with miso-glazed salmon, pico de gallo and an avocado aioli. Instead of being firm, our bits of salmon were mushy, in stark contrast to the hard shells.
Auld told me that supply chain issues have also affected the seafood market, and sometimes, the restaurant simply can’t get ingredients that are as high quality as it would hope for. It’s especially frustrating when this happens with salmon; the restaurant serves 100 pounds a week.
“Sometimes it’s a whole fish with skin on. Sometimes it’s frozen, sometimes it’s not. Sometimes it’s a Coho salmon, which has a different texture. It’s really difficult,” he said.
A quick note on drinks: The cocktails at Twisted Cork are fun, and I particularly liked the “Auld Fashioned,” named after Auld. I also enjoy quite a bit its focus on Pinot Noir and wines from the Pacific Northwest, and the list is well-priced and interesting.
There’s still plenty of meat on the menu at Twisted Cork, and Auld now works with Lincoln-based Certified Piedmontese for his beef.
Piedmontese beef is the heart of his Prairie Fire dish, a flank steak rubbed with a spicy espresso pepper rub, then seared in cast iron to medium rare. I’ve always liked this dish. The rub has a real kick, and the meat is always cooked nicely. It comes served with fingerling potatoes and an apple-based slaw.
He also uses Piedmontese beef blended with pork shoulder in the Twisted Cork Burger, a local favorite that has been written about many times before. It’s still great, served medium on a brioche bun with Tilamook white cheddar, spicy mustard and pickled red onions with a side of salt and pepper potato chips and an apple and blue cheese slaw. I have no complaints. It’s a burger you should try if you haven’t, and if you have, it’s worth revisiting.
“The number one seller every night is that burger,” Auld said. “Maybe it’s safe, maybe it’s cheap, maybe they liked it or they missed it. But it is a good burger.”
Much is the same at Twisted Cork, and I like that even after a more than two year hiatus and the challenges that most restaurants are facing these days, it is still very good.
It’s comfortable, but new. Unusual, but familiar. The kind of place that even after a long break, feels like all that time hasn’t passed at all.
The Big Story
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Multiple Apartment Projects Planned
Pictured above: The Hanover Flats apartments are currently under construction on the northwest Corner of 156 & State Street. These are part of a mixed-use development that will include retail along the both 156th & State streets. Photo by Brad Williams.
Several multi-family developments are coming before the Omaha Planning Department, meaning the steady supply of new apartment units doesn’t appear to be slowing down any time soon. Here are a few of the projects on the docket:
The Center Ridge Apartments
Sullivan Development Company plans to construct a 104-unit multi-family residential development on an 11.76-acre lot in the Center Ridge mixed use development. This area is northwest of 192nd & West Center Road and is home to an ALDI Grocery Store and Lazlo’s restaurant.
The project includes 19 buildings with a mix of three-, four-, six-, and ten-plexes. The buildings range from 1.5 to three stories high, with garages on the first level. A total of 168 garages with driveways, plus an additional 73 surface parking stalls are provided. The development has two vehicular access points, one from HWS Cleveland Boulevard to the west and one from Gold Street to the south. An internal drive network connects to all driveways and surface parking areas. Internal and perimeter pedestrian connections are provided.
Development company Urban Village plans to build a traditional, multifamily complex consisting of 132 one- and two-bedroom apartments in two structures, including 220 structured and surface parking stalls. The project will be located along the north side of West Dodge Road at 186th Street.
Falcon Ridge Senior Living
Developers are planning a 55-and-over multi-family housing development on a 1.46-acre undeveloped lot in the Falcon Ridge Mixed Use development. The lot is northwest of 180th & Harrison Street between storage units to the south and Beadle Middle School to the north.
The project includes one 15,600 square-foot, four-story building, with 50 two-bedroom rental units. Forty of the units will be restricted to residents with
incomes at or below 60 percent of the Area Median Income, and 10 units will have no income restrictions. The building will front Drexel Street with pedestrian oriented open space in the front (north side of the building), and 57 parking stalls in the back (south side of the building).
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Grow Omaha Snippets
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In his state of the city address, Council Bluffs Mayor Matt Walsh earlier this month said he is working on a plan to extend Omaha’s future streetcar line into his city. After crossing the Missouri River, the streetcar would enter Council Bluffs at NP Dodge Park and continue east along the new First Ave Trail. The city would pay for the project through federal money and by selling Dodge Park to developers.
The Omaha Streetcar Authority is considering a plan to build a streetcar vehicle maintenance facility on city-owned land near 8th & Capitol Avenue, according to the Omaha World-Herald. On a related note, Omaha will likely purchase six streetcar vehicles for its 6.1-mile route, which is due to open in 2026.
Demolition has started on a former parking lot at 1501 Mike Fahey Street. in the Builders District just south of Kiewit Corporation’s world headquarters. Once the parking lot is removed, construction is expected to begin on Noddle Companies’ $57 million, 4-story, 115,000 sq. ft., multi-tenant office building. Completion is planned for 2024.
The University of Nebraska Medical Center’s outdoor ice-skating rink will be open this season from Dec. 3 through Feb. 5. The rink, which is open to the public, is located just east of 42nd Street, midway between Emile Street and Dewey Avenue, on the north side of the Sorrell Center for Health Science Education. Admission for the public is $7, which includes skates. Only cash or credit cards are accepted.
Children’s Hospital & Medical Center has purchased 10.01 acres of development land northwest of 205th & Harrison Street in the Coventry development, according to Investors Realty, which brokered the transaction.
Omaha by Design has announced winners of its 2022 Laurels Awards, which recognize “people and projects shaping our metro in inspiring ways:” Access & Mobility Award – FIRST AVE Trail, a partnership of the City of Council Bluffs, HDR, Iowa West Foundation and Snyder & Associates: Environment and Open Space Award – Zero-Emission Electric Busses by Metro Transit and Nebraska Environmental Trust; Neighborhood Revitalization Award – Urban Core Strategic Plan by the Greater Omaha Chamber Urban Core Committee; Young Urbanist Award – Cesar Garcia of Canopy South; The Laurels Award – Gene Leahy Mall.
Nebraska ranks 11th in overall prosperity according to the American Dream Prosperity Index, released this month by the Milken Center for Advancing the American Dream in partnership with Legatum Institute.
Nebraska ranks highly in multiple pillars including social capital (ranked 5th), economic quality (ranked 8th), health (ranked 9th) and education (ranked 15th). According to the Index, Nebraska has opportunities for improvement in the natural environment (ranked 46th), infrastructure (ranked 27th), business environment (ranked 20th) and personal freedom (ranked 20th).
Grow Omaha Snippets are brought to you by Omaha Car Care with four metro area locations – 131st & Dodge, 58th & Center, 85th & L and 144th & Harrison.
Omaha Car Care “We’ll be along for the ride.”
Local Business News Sponsored by FranNet of The Heartland:
Real Estate News from CoStar – Architectural firms reported a steep decline in billings in October, the latest sign of a slowdown in deal-making and development amid worries of a recession.
The American Institute of Architects’ monthly billings index swung to 47.7 in October from 51.7 in September, the first monthly decline since January 2021. Scores below 50 indicate a decline in billings.
AMCON Distributing Company, an Omaha-based consumer products company, has announced fully diluted earnings per share of $28.59 on net income available to common shareholders of $16.7 million for the fiscal year ended September 30. The wholesale distribution segment reported revenues of $2 billion and operating income of $35.6 million for fiscal 2022 and the retail health food segment reported revenues of $46.2 million and operating income of $0.5 million for fiscal 2022.
Werner Enterprises has been recognized as a 2022 “Top Food Chain Provider” by Food Chain Digest, the official magazine of Food Shippers of America. The magazine’s Top Food Chain Provider program highlights third-party logistics companies, freight brokers, motor carrier, rail/intermodal and maritime companies that excel in providing capabilities and service to food transportation, logistics, distribution and supply chain management.
Fast Trac Freight Services, Inc. has leased space at 2300 Bass Pro Drive in Council Bluffs. The trucking company will occupy 40,566 sq. ft., according to NAI NP Dodge. John Meyer and Trenton Magid represented the tenant while Tom Failla was the listing agent.
Russel Speeder’s Car Wash has opened a new location at 4625 North 90th Street. The company has four existing Omaha locations.
GoldFish Swim School will hold a ribbon cutting and grand opening celebration December 13th at 10601 South 72nd Street in Papillion. The business offers “flexible class times, safety skills, socialization and fun, confidence-building curriculum and shiver-free, 90-degree pool.”
This section is sponsored by FranNet of The Heartland, the local, trusted franchise experts. They are “in the business of helping you get into business!”
Grow Omaha University
Leadership & Sales Insights for Ambitious People
Compiled by Grow Omaha co-founJeff Bealsder and sales trainer
Sponsored by MyStaff, Inc.
Leadership & Management
Mentorship is one of the best professional development tools in existence. We benefit both by being mentored and by mentoring others. Find a successful role model and use that person as your mentor. Some mentors don’t even have to know they are your mentor – just study them and do the things they do. Other mentor relationships might be more formal. At that same time, mentor someone yourself. You actually become better in your work by teaching and coaching junior colleagues. One of my favorite old sayings is, “You don’t know it until you’ve taught it.” Mentorship is a classic win-win situation.
For all you business travelers, the Wall Street Journal ranked the nation’s 20 largest airports based on 19 criteria including value, reliability and convenience. Here they are ranked from best to worst:
- San Francisco (SFO)
- Atlanta (ATL)
- Minneapolis (MSP)
- Detroit (DTW)
- Phoenix (PHX)
- Los Angeles (LAX)
- Houston Bush (IAH)
- Las Vegas (LAS)
- Charlotte (CLT)
- Seattle (SEA)
- Denver (DEN)
- Boston (BOS)
- Philadelphia (PHL)
- Chicago O’Hare (ORD)
- Orlando (MCO)
- Miami (MIA)
- Dallas Fort Worth (DFW)
- Fort Lauderdale (FLL)
- New York JFK (JFK)
- Newark (EWR)
Attention Sales Managers: The reason you need to work on increasing your team’s effectiveness is because there’s no second prize for coming in second place, says author Anthony Iannarino. When you have an opportunity to win a significant deal, losing may keep you locked out of that company for years.
You can improve your sales force’s effectiveness by developing them, training them, coaching them, and improving their sales approach. One way to look at sales effectiveness is your win rate, individually and collectively.
Prospecting is the lifeblood of sales and is generally the most important thing a sales professional does. Success or failure in sales can usually be traced back, one way or another, back to prospecting.
Given how important prospecting is to sales success, I tend to worry about sales pros this time of year. Why? Because they get too busy to prospect, or at least the think they’re too busy to prospect.
At this time, many sales pros are actively working to close deals before the end of the year. What’s more, holiday parties, family obligations and networking events will be filling your calendars between now and Christmas. When you’re super busy, it’s easy to put off prospecting. If you do that, you’ll pay the price a couple months later.
I don’t want you to suffer in early 2023 because you neglected prospecting at the end of 2022, so here are some prospecting best-practice reminders…
Top producers consider prospecting to be an activity driven by their annual goals and business plans. They are highly goal-oriented and monitor progress throughout the year. They always want to be ahead of the game.
Elite prospectors are obsessed with prospecting and do it every day. They are constantly wondering, “Who else is out there that could become my client?” They prospect when times are good because they know that a rainy day will eventually come. They fight through worry and discouragement and keep prospecting during economic downturns because they know better days lie ahead and they want to be ready for future opportunity. They even prospect when mediocre sales reps would claim they are too busy to prospect.
Top producers dig deep into their professional souls and conquer the temptation to procrastinate. They know that perfectionism is the “little brother” of procrastination, so they don’t wait for things to be perfect.
You’ve probably fallen into this trap before, by the way. You keep putting off picking up the phone until you’ve accomplished “just one more thing.” Well, top producers know they will NEVER be 100 percent ready, so they jump in and just get the job done. As the legendary Army General George S. Patton once said, “A good plan violently executed now is better than a perfect plan executed next week.”
The best prospectors are organized in both their personal and professional lives. They have a system of good habits allowing them to keep the little things in line, freeing them up to spend their time on big things.
They are “opportunity detectives.” A financial services CEO once told me that sales professionals should listen to their clients with the same intensity that a homicide detective listens to a murder suspect. Deep, active and fully-present listening is necessary to uncover hidden business opportunities. Most people only casually listen to prospects, causing them to miss subtle cues that could lead to millions of dollars in business.
Finally, great prospectors have an “accountability mindset.” They are accountable to themselves, their clients and their colleagues.
If you have an accountability mindset, you live your life according to three words: responsibility, authority and accountability. You are responsible for your own world, and fortunately, you have the authority to carry out your responsibilities. But with that authority comes accountability for your decisions and actions.
In other words, truly successful people graciously take credit for their successes and accept blame for their mistakes. In practical prospecting terms, this means they don’t make excuses, such as “Nobody answers the phone these days.” They don’t waste time worrying, “What if that person doesn’t want to talk to me?” They don’t complain, “Nobody will make a decision these days!”
“There are no office hours for leaders.” – Cardinal James Gibbons
Grow Omaha University is sponsored by MyStaff Inc, a locally owned staffing firm whose purpose is helping Nebraska companies recruit for corporate office positions.
My Staff Inc – Our team helps you find yours!
Upcoming Events in the Metro
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World Cup Watch Party – USA v. England on November 25th: The 2022 FIFA World Cup is officially here! What better way to celebrate than with your friends, family, and community? Cheer on your team at the Granary Green with the option of indoor or outdoor viewing!
Small Business Saturday at Zen on November 26th: Zen Coffee is hosting a holiday market at select locations in support of small businesses! This is a perfect opportunity to get ahead of your holiday shopping while supporting local merchants. There will also be a hot chocolate bar to keep you warm while you shop!
Wheel of Fortune Live on November 27th: Come out to the Orpheum theater and take a spin to solve puzzles in person! Guests can try out to go on stage to play to WIN BIG during this live show. Audience members will be randomly selected to win cash and prizes! One of the greatest game shows of all time wants to make everyone a winner at “Wheel of Fortune Live!” – so bring your family and get ready for some F-U-N!
Cirque Dreams Holidaze on November 29th: Cirque Dreams Holidaze conveys the magic of the holiday season through a Broadway-style production infused with contemporary circus arts. Featuring an ensemble of aerial circus acts, sleight-of-hand jugglers, fun-loving skippers, breath-catching acrobatics, and much more! Bring friends and family for this imaginative and fun experience.
Yoga Series at Modus Coworking on November 30th: This event is a multipart series with different instructors to bring their knowledge of yoga to you. Wellness and healthy living are important to Modus, and the community, so they strive to offer easy access to achieve these. Bring a friend, or two, or more to this free event!
Tech Omaha – Holiday Party on December 1st: Holiday season is the perfect time to celebrate with others in tech! This event is free and open to all members of the Omaha Tech community! Come out for some drinks, music, and holiday fun.
This Upcoming Events section is sponsored by Eagle Mortgage Company, is a locally owned and full-service mortgage company in Omaha.
Eagle Mortgage can help you realize your dream of owning a home.
Wall Street: The Week in Review
with George Morgan
The author is founder of Morgan Investor Education of Omaha.
Sponsored by Baird Holm Attorneys at Law
Views and opinions expressed herein are solely those of the author.
Tis the season to be jolly, and Mr. Market has been known to periodically get caught up in the mood. In past years, Mr. Market has become Grinch-like. He begins the season with a cynical attitude, but as the days pass, he begins to treat his fellow humans in a kinder, gentler way. This does not mean that he will be handing out candy like a clown at a Shriner’s parade, but he will put fewer lumps of coal in the stockings hung by the chimney with care.
During this time of year, there are several weeks when the trading week is cut short for holidays. You can expect the Wall Street types to spend some serious hours hanging around the eggnog bowl. Traders are notorious for their unwillingness to hold stock during extended periods of market closure. Their mindset is that if the “fit hits the shan” during a holiday, cash is better than trash. As a result, trading activity and volatility drop faster than the Cornhuskers’ Big Ten standings.
Mr. Market is easily spooked by uncertainty. He is much happier knowing that things are headed down the crapper than he is not knowing that things might get better. The past few weeks of lousy data seem to have given him some relief. The inflation numbers are horrible, but they don’t seem to be getting worse. Even through the talking heads in the media go postal just before every news release from the Fed, there is an inevitability about continued rate increases. Another dollop of bad news resulting in a calmer Mr. Market.
Speaking of the holiday season, how about a great gift idea for that really, really special someone on your Christmas list. For just $249.99, you can give your special one Jim Cramer’s newsletter that lists the top ten really bitchin’ stock tips for 2023.
Just think, your special one will join Jim and 24,000 of his closest friends reaching for a pot of gold at the end of the rainbow. And if your special one has been really, really good, you can throw in another year for the special price of $400.00.
The Gnomes and I want to remind you that only Cramer possesses the unique skills necessary to locate the needle hidden in the haystack??? (P.S. we have no insight, but we are betting big bucks there are no crypto stocks on the list.)
Speaking of crypto, one of the major crypto companies, FTX went belly up last week. I’m not talking, “you lost a few bucks;” I’m taking,” you lost the farm and the horse you rode in on.” If you were one of the pretty people who jumped on this train wreck, expect an e-mail from Warren and Charlie saying, “I TOLD YOU SO!
People in the News
Sponsored by Baird Holm Attorneys at Law
NP Dodge Real Estate has welcomed new residential sales associates including Bruce Lemen, Mallory Lyons and Monica Boyle.
GetMed Staffing has hired Sara Spanjer as Chief Operating Officer. Spanjer brings 15 years of healthcare staffing experience and knowledge of patient care due to her previous clinical background as an RN. She has held many titles in the industry, such as sales management, leadership over operations, and compliance, leading her to executive roles with her well-rounded perspective.
Immanuel, a non-profit organization providing retirement living and senior care, has named John Croghan as vice president of community operations. He has more than 20 years of senior living industry experience. Omaha-based Immanuel has 11 facilities in Omaha, Lincoln, Council Bluffs and Des Moines, Iowa.
Scooter’s Coffee has appointed Jaime Denney as vice president of franchise operations to help increase the speed and effectiveness of its drive-thru services. Formerly with smoothie chain Jamba Juice, Denney will lead Scooter’s Coffee’s franchise operations team to identify efficiencies and training opportunities that will strengthen its customer services. Denney has also held leadership roles with Starbucks, Tropical Smoothie Café and Aramark.
New Retailer Now Open at Midtown Crossing!
Rexius Nutrition, popular for their health and wellness products and expertise, is now open at 31st and Farnam, in the heart of Midtown Crossing. The shop is located at 3157 Farnam Street, Suite 7107, next door to The Corky Canvas.
Have You Watched Grow O on Video Yet?
Grow Omaha’s brand-new website features video footage shot inside the radio studio during each week’s show!