Articles by Sam Schaust

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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

The Escape Game To Open In Mall Of America This Summer

The experiential concept has proven to be a popular choice for friends, family and even as a corporate outing.

February 07, 2017

Mosaic Profits Fall $143M In Q4

A sluggish farming economy has pushed fertilizer prices down over the past several years.

February 07, 2017

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Gravie Expands To Medicare With Breitenfeldt Group Acquisition

The deal grows Gravie’s customer reach by more than 50 percent.

February 07, 2017

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Honeywell, Twin Cities Union Workers Reach New Contract

The threat of a labor lockout and strike pushed both parties to agree on the addition of paid sick days and pay raises, but a limitation on health care assistance.

February 07, 2017

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Boston Scientific Profit Jumps 15 Percent In Q4, Topping Analyst Predictions

The medtech company’s sales rose 11 percent year-over-year during the three-month period.

February 02, 2017

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Vascular Solutions Shareholder Seeks Class Action Suit Over $1B Teleflex Deal

Howard Root, CEO of the medtech company, said the accusations have “no merit and we’ll prove it.”

February 01, 2017

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Medtronic To Sell Its Medical Supplies Business, Sources Claim

The unit could sell for as much as $5 billion, according to people familiar with the matter.

February 01, 2017

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Vibes Unable To Make ‘Shark Tank’ Investors Bite On Deal

The Minneapolis startup was looking for a $100,000 investment in exchange for 20 percent stake.

January 31, 2017

Hormel Suspends Pork Supplier Following Animal Cruelty Investigation

It marks the second time Austin-based Hormel has suspended Maschhoffs for animal cruelty claims in the last year.

January 31, 2017

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