The gist: Year-to-date sales in Lafayette Parish approached $5.5 billion through November 2018, according to a release from LEDA, on pace to surpass $6 billion. That puts local commerce in shouting distance of 2014’s $6.4 billion peak with a month of reports to go.
A national retail operator with a reputation for buying troubled malls and investing little in them bought Acadiana Mall in mid-January.
The mayor-president has accused the library system of defrauding taxpayers to the tune of $21 million dollars. Unfortunately for his credibility, the facts don’t back up his claims.
Mayor-President Robideaux wants to rededicate $18 million from the library’s fund balance to pave roads and clean coulees, but there are hidden costs that must be accounted for.
At a job fair tomorrow at South Louisiana Community College IBM will try to recruit people to move from Lafayette to Baton Rouge with the help with LED.
The gist: Gannett, the publicly traded company that publishes USA Today and The Daily Advertiser, is the target of a buyout by a hedge fund-backed firm known to gut newsrooms. The Advertiser’s faced layoffs in recent years, and the buyout could lead to more.
The gist: Since taking office, Robideaux has flirted with smart city initiatives and floated ambitious tech concepts like municipal cryptocurrency. Now, at the end of his first term, he’s seeking a permanent IT director who can help implement his vision.
New county-level economic data from the federal government paints a scary and precise picture of Lafayette’s economic decline.
The gist: Fiber and LUS have been formally split since the budget was adopted last year, but the search for new directors to run the now independent agencies was punted until the NextGEN affair was resolved.
The alliance will function as a trust for investing in innovation projects in Lafayette Parish and could serve as a vehicle for the mayor-president’s cryptocurrency and blockchain aspirations.
With big news at Waitr bookending our first year publishing, beginning with its blockbuster sale to a Texas billionaire and ending with CEO Chris Meaux ringing the Nasdaq bell, 2018 has been a year of extremes.
The gist: Waitr announced this morning that it acquired Bite Squad, an online ordering and on-demand food delivery platform for restaurants, for $321.3 million.
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