Articles by Sam Schaust

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With Kraft Heinz-Unilever Merger Quashed, Could General Mills Be Acquired?

The food industry has been in a consolidation phase over the past several years and some experts believe General Mills may be up for grabs.

February 21, 2017

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Minnesota Loses 300 Farms In 2016

Data compiled by the USDA found fewer farms in Minnesota last year, but the size of the average farm grew by one acre.

February 21, 2017

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Kickstarting Innovation: How Padron Watch Co. Is Bringing New Ideas To Old-Fashioned Industry

To date, the Minneapolis-based watchmaking company has raised well over $330,000 from thousands of backers through Kickstarter.

February 17, 2017

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Gander Mountain Addresses Bankruptcy Rumors

The retailer said it is taking a “best-practices approach to review [its] strategic options specific to positioning the company for long-term success.”

February 16, 2017

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Prime Therapeutics To Build New Eagan HQ

The pharmacy benefits manager opted to remain in Eagan and have a new facility constructed over moving its operations to a new city in the state.

February 16, 2017

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These MN Medical Companies Paid The Most Money To Doctors, Hospitals

The Mayo Clinic was the state’s top earning health institution, taking in nearly $10.8 million from medical device makers and others in the field.

February 15, 2017

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The Tile Shop’s Annual Revenue Jumps 10 Percent In 2016

Nevertheless, value of the retailer’s stock dropped 10 percent after its quarterly profits did match up to analyst expectations.

February 14, 2017

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Delta Offers Deal For 32 Percent Stake In Mexico’s Largest Carrier

The offer is said to be worth $590 million. If approved, Delta would have the option to ultimately own 49 percent of Aeroméxico.

February 13, 2017

Deluxe To Buy RDM Corp. For $70M

The Shoreview-based check printing and marketing company plans to buy all RDM common stock at a 14 percent premium.

February 13, 2017

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Gander Mountain To Seek Bankruptcy Protection, Sources Say

A rapid expansion phase and lack of customer interest is said to have pushed the outdoors retailer into financial trouble.

February 13, 2017

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Best Buy To Remove Oculus Rift Demo Stations From 200 Stores

The rollback is due to “store performance” issues, according to an internal memo sent to affected employees.

February 09, 2017

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DMC Board Approves $38M Mixed-Use Development For Discovery Square

Groundbreaking of the Discovery Square sub-district in Rochester is expected to take place in the fourth quarter of 2017.

February 09, 2017

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Mortenson Wraps Construction On Massive Fargo Hospital Project

The new one-million-square-foot hospital, owned by Sanford Health, will open in late July.

February 08, 2017

Blue Cross Hires UnitedHealth Exec To Oversee New Health IT Business

Tom Vanderheyden comes with more than 20 years experience in health care business development, most of which while at UnitedHealth Group.

February 08, 2017

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Longtime TCF Bank CEO Bill Cooper Dies At 73

Cooper passed away from complications related to cancer.

February 08, 2017

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