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The Orvis Company purchased Scientific Anglers and Ross Reels from 3M, and plans to maintain the companies’ independence.
The electronics retailer is selling its stake in a European joint venture for roughly half of what it initially invested in the business; but analysts expected the divestiture, and investors responded positively.
"If a business has to go under, I'd prefer that it be a chain," Nancy Breymeier, co-owner of the Amore coffee shop, said.
A recent feasibility study shows that a new convention hotel in Minneapolis would cost about $300 million, and 41 percent of that cost would need to come from public subsidies.
Supervalu, which is now about half of its previous size following the sale of several brands, reported a widened loss and declining sales, but analysts responded positively to remarks from the company's new CEO.
Resort operator Vail Resorts purchased St. Louis Park-based outdoor retailer Hoigaard’s for an undisclosed sum.
Anytime Fitness co-founder Chuck Runyon says the chain is just the beginning.
The longer than usual winter helped boost Polaris' snowmobile sales, although it hurt parts of the company's business that depend on warmer weather, including motorcycle sales.
Two family-owned jewelers prove the luxury market thrives in the suburbs.
There are new owners, leadership, and an enhanced luxury emphasis at Galleria.
Read this month's issue of Twin Cities Business.
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