Article: Des Moines found few changes after Proffitt's arrived City's worries after purchase of Younkers were similar to Milwaukee's

For civic leaders in Des Moines two years ago, Proffitt's purchase of locally based Younkers was worrisome.

They feared the buyout of Iowa's leading department store chain would mean fewer jobs, less money for charities and the loss of executives with key leadership roles in the community.

But nearly two years after the sale, Des Moines has a message for Milwaukee after Proffitt's announcement that it plans to buy Carson Pirie Scott & Co.: Don't worry. It's been OK. "I would say it's almost a non-event, a low-profile event," said G. David Hurd, the retired chairman of the Principal Financial Group and co-chairman of Des Moines' Downtown Partnership. But doubts linger in Milwaukee over a ...

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