BizJournal 💲📰

Kloss Furniture has endured nearly every challenge that can hit a family business since the retailer was founded in 1976 in Highland, Illinois. After a fire and a recession, the Kloss family has rebuilt the company from the ground up twice. Today the company, led by CEO Steve Kloss and his son, President Josh Kloss, is entering a new era that the family believes could be one of its strongest. The retailer is expanding back into Missouri later this summer after figuring out innovative ways to adapt…

Few situations would require such control as the circumstance of being kidnapped. The worst and most unimaginable events accompany the simple mention of that word.

Kansas City becomes one of 11 U.S. cities that will host World Cup games in 2026. The globe's most-watched sporting event — it dwarfs Super Bowl viewership — will deliver people, attention and money to the metro area.

The fintech, which has made its headquarters in the San Francisco neighborhood for a decade, does plan to retain other office leases in the Bay Area, as well as in St. Louis and several other cities, the company said.

After figuring in multiple pay-to-play schemes alleged by the feds, the city of St. Louis' development agency is seeking help from a consultant on "internal operational practices."

On Tuesday, June 7, the St. Louis Business Journal held its first quarterly AdvanceSTL event examining the top issues preventing the region from achieving greater success. This first event focused on the challenges of attracting and retaining talent in St. Louis. During our own event with the St. Louis Business Journal in April and also in a recent article, I pointed out that nearly all of the biggest challenges identified by subscribers in the St. Louis Business Journal’s AdvanceSTL survey are…

As one of the St. Louis area's first food truck operators, Brian Hardesty recognized the value in a proposal to build a dedicated food truck plaza that would solve problems food trucks faced every day, like where to park.

A group of current franchisees plan to open a new Sugarfire Smokehouse location this fall.

Missouri Gov. Mike Person on Thursday signed legislation that will allow the state’s universities to be involved in securing endorsement deals for their student-athletes, a move that comes after the NCAA last year allowed college athletes to begin cashing in on their name, image and likeness.

The St. Louis County health chief who made headlines last year after he alleged he was physically assaulted at a County Council meeting, though video showed no evidence of any such encounter, will resign, effective Sept. 2.

St. Louis startup Plastomics offers an example of how some of the region's largest companies can help elevate smaller companies. whether by having former executives take C-suite roles or hold seats on company boards.

The St. Louis Blues have launched several projects aimed at using technology to bolster how the National Hockey League franchise interacts with its fans. The team's partnerships with startups have proven beneficial to both companies.

Bold Xchange, which runs an online marketplace for products from Black-owned businesses, shifted recently to a different sales model. Then Centene came into the picture and gave it the boost it needed.

St. Louis agriculture giants Bayer and Bunge for years have directed investments to local startups in the hope of nurturing next-generation innovations. Now efforts are underway to spread that activity to other St. Louis industries in what some are calling “a tremendous opportunity.”

A Chesterfield-based infrastructure repair company has acquired a New Jersey-based pipe lining business.

The Freedom Suits Memorial is now standing on the east side of the Civil Courts Building in downtown St. Louis. It’s a tribute to the hard work, courage and sacrifices made by judges, lawyers and slaves suing for their freedom in the early to mid-1800s. "For 57 years, our courts opened our doors to the civil rights of the lowest people in all of society,” said Judge David Mason. “If you want to say that slaves were a part of society. This monument tells everyone, every lawyer, every juror…

The company confirmed the layoffs in a statement provided to the Business Journal, saying the reductions were a “incredibly difficult decision” prompted by global economic conditions. The cuts come after Cosmos Corp. has expanded in recent years, adding dozens of employees and opening a new headquarters in St. Charles County.

Television station KMOV has purchased an office building in Maryland Heights that it will convert to a studio as it moves from a downtown office tower overlooking the Gateway Arch.

Commitments came from a “broad array of high-quality limited partners,” including university endowments, family offices, pension funds, insurance companies, funds of funds and other institutional and high-net-worth investors.

A Clayton-based private equity firm's control equipment portfolio company has acquired a Houston-based distributor of industrial valves.