Indianapolis, IN
Indianapolis-based Market Wagon acquires St. Louis company – Indianapolis Business Journal
Indianapolis-based Market Wagon, which offers an online marketplace where food producers and artisans sell their wares, has added to its presence in the St. Louis market by acquiring a smaller competitor.
Market Wagon announced Wednesday that it acquired St. Louis, Missouri-based Find Your Farmer Inc. in a cash-and-stock deal. The company declined to disclose financial terms of the purchase, which closed in November. The acquisition added more than 1,000 households to Market Wagon’s existing customer base in the St. Louis-area market.
Market Wagon, which launched in 2017, operates 18 food hubs in the Midwest, Mid-Atlantic and Southeast regions that deliver products to customers in more than a dozen states. Its Indiana markets include Marion County and 18 other central Indiana counties, the Fort Wayne area, and the Michiana market, which includes the cities of Valparaiso, South Bend and Elkhart, among others.
The company has 10 full-time employees, plus another 17 part-timers who coordinate Market Wagon’s distribution hub locations.
Find Your Farmer was started in 2020 by five founders who at the time were students at Washington University in St. Louis. By the time Market Wagon acquired the company, Find Your Farmer had developed partnerships with more than 50 farms, artisans and distributors, and was delivering groceries to more than 1,000 households in the area.
After Find Your Farmer’s founders graduated, they were looking to move on and sell the business, said Market Wagon co-founder and CEO Dan Brunner. “So we looked at it and said, ‘Well, you know, the combination of that many customers’—it was a big enough book of business. And we were also pretty interested in how they got the success that they’ve gotten.”
Market Wagon has retired the Find Your Farmer brand, and all St. Louis customers are now receiving their deliveries under the Market Wagon name, Brunner said.
Indianapolis-area Market Wagon customers won’t see any changes as a result of the acquisition, Brunner said, because Market Wagon has different sets of vendors in its various markets. The vendors that Market Wagon picked up through the Find Your Farmers acquisition were primarily serving the St. Louis market.
As was true with many online retail companies, Market Wagon saw its sales spike during the pandemic and, at its peak, was delivering to customers in 37 different markets. Sales have declined since then, Brunner said, but are still up significantly compared with before the pandemic.
Speaking to IBJ late last month, Brunner said he expected Market Wagon to close out 2023 with annual revenue about seven times greater than in 2019. At the peak of the pandemic, sales were 11 times that of 2019.
This year, Brunner said, he doesn’t expect to add any new markets. Instead, the company will focus on making additional revenue in the markets it already serves.
“I think there’s just a ton of room to grow those,” he said.
INDIANAPOLIS — Indiana is under a heat advisory with temperatures in the 90s throughout the week.
Many cooling centers will open throughout the state for those that need to find relief from the heat. Hoosiers looking to find cooling centers in their area can contact Indiana 211. To learn more, call 211 or (866) 211-9966.
Avaliable cooling centers can also be found by clicking here.
Marion County
For those living in Indianapolis, Indy Parks has several cooling centers across the city.
Those Cooling Centers are:
- Broad Ripple Park Family Center
- Brookside Park Family Center
- Christian Park Family Center
- Frederick Douglass Park Family Center
- Garfield Park Burrello Family Center
- Krannert Park Family Center
- Grassy Creek Environmental Education Center
- Pride Park Family Center
- Rhodius Park Family Center
- Riverside Park Family Center
- Stanley Strader Park Family Center
- Washington Park Family Center
- Windsor Park Family Center
- Watkins Park Family Center
- Thatcher Park Family Center
For addresses and hours of operations of these cooling centers, click here.
Beech Grove will also have two cooling Centers for residents starting Monday, June 29. Those hours and locations are:
- Beech Grove Senior Center, 602 Main St
- 8 a.m. – 4 p.m., Monday through Friday
- Hornet Park Community Center, 5245 Hornet Ave
- 8 a.m. – 6 p.m., Monday through Friday
Other Central Indiana Cooling Centers
For addresses and hour of operations of cooling centers below, click here.
Marion
- St. Martin Community Center
- Grant County Family YMCA
- Grant County Rescue Mission
Kokomo
- The Kokomo Rescue Mission
- The Excel Center in Kokomo
Peru
- Community Resource Center
- Miami County Courthouse
- Miami County Health Department
- Miami County YMCA
- Peru City Hall
- Peru Public Library
- Peru Schools Administration Building
INDIANAPOLIS (WRTV) — The National Weather Service out of Indianapolis has issued a Heat Advisory for all of Central Indiana and a High Heat Warning for parts of northern Indiana. The Advisory and Warning will go into effect at 12 PM on Monday and will run through 8 PM Thursday.
WRTV
A Heat Advisory means that temperatures in the 90s with dew points in the 70s, will lead to Heat Index values reaching 106. Hot temperatures and high humidity may cause heat illnesses.
Stay cool:
Drink plenty of fluids, check up on relatives and neighbors, and stay in an air-conditioned room when possible. If outside for extended periods of time, make sure to take frequent breaks in the shade as much as you can.
TODAY
Patchy fog early gives way to a partly sunny, warmer, and much less active day. Highs reach the mid to upper 80s, with a light south breeze around 5 mph. After the unsettled Saturday, this looks like a far more usable day for outdoor plans, with most of central Indiana staying dry from start to finish.
TONIGHT
Mostly clear early, then becoming partly to mostly cloudy toward daybreak. Lows hold in the low 70s, with a light south southeast breeze around 5 mph. Humidity stays elevated overnight, but quiet weather continues and there are no meaningful travel concerns.
TOMORROW
Mostly sunny and hot with highs pushing into the low 90s. A south southwest breeze around 5 to 10 mph keeps the air moving, but the bigger story is the heat and humidity building in. Heat index values around or above 100 are possible during the afternoon, so outdoor plans will need extra water and more breaks.
TOMORROW NIGHT
Mostly clear and warm, with lows around the mid 70s and a light south southwest breeze. There will be very little cooling after sunset, and the muggy feel hangs on through the night. Dry weather remains in place.
TUESDAY
Sunny and even hotter, with highs in the low to mid 90s and a light southwest breeze around 5 mph. This is another day where heat becomes the main impact, and it will not take long to feel it during the afternoon. Outdoor work and summer activities will need to be paced carefully.
TUESDAY NIGHT
Clear and warm again, with lows in the mid 70s and a light southwest wind. The air remains sticky overnight, and there is still no meaningful rain signal for Indianapolis.
WEDNESDAY
Mostly sunny and hot, with highs in the low to mid 90s. Wind stays light, becoming south southwest around 5 mph in the afternoon. Heat remains the main concern, and another uncomfortable summer afternoon is expected across central Indiana.
7 DAY FORECAST
After Saturday’s leftover storm chances fade away, the pattern flips quickly toward heat and humidity. Sunday looks quieter and warmer, then Monday through at least Wednesday trend hot with highs in the 90s and heat index values over 100 possible at times. Rain chances stay very low through midweek, with the next better opportunity for showers and storms showing up later Thursday into Friday. Overall, the bigger concern after tonight becomes summer heat rather than repeated storm chances.
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