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Brand Awareness

SiouxFalls.Business Report: Full-service restaurants open, Jones 421 Building gets new businesses [Video]

SIOUX FALLS, S.D. (Dakota News Now) – Jodi Schwan with SiouxFalls.Business visited to discuss full-service restaurants opening in town and new businesses finding a home in the Jones 421 Building downtown.

It’s not been the easiest year for some national restaurants, including Red Lobster experiencing bankruptcy and closer growth for other full-service casual dining chains. That’s due to a number of factors, including rising costs and changing consumer spending.

In Sioux Falls, though, we have seen locals opening some new locations including Gib’s, a sports bar in the former Cherry Creek, and soon new full-service restaurants at The Steel District, as well as some around the mall area, we think in the coming months.

In talking to commercial brokers, there is still interest in some of the larger nationals in a second location — likely on the east side. There are no deals yet, but they tell us to expect names like Olive Garden and Texas Roadhouse to look at Veterans Parkway and …

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Brand Awareness

How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.