The Fargo-based bank last year acquired Minneapolis-based Bell Mortgage, and it now plans to change its name to capitalize on the brand recognition of the Bell name in the Twin Cities market.
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Edina-based clothing retailer Hot Mama, which caters to fashion-forward moms, has grown to 30 stores in 11 states since its inception in 2004 and is on track to grow to 100 stores and generate $100 million in revenue by 2016.
A Meet Minneapolis-commissioned study also found that those 26.8 million visitors collectively spent more than $6.5 billion when they visited the area last year.
A total of $600,000 in grants was recently awarded to help former employees of BAE Systems, Cargill, and Quality Wine and Spirits find employment.
The city predicts that the switch from seven-sort recycling will increase materials recovered by 60 percent and boost the Minneapolis recycling rate from 18.1 percent to 32 percent.
The Monday fire also resulted in substantial damage to the plant; a cause has not yet been determined.
Dario Franchitti and Scott Dixon—both of whom are sponsored by Target—were the first two drivers to reach the checkered flag.
Matthew Furman replaces Paula Prahl, who left Best Buy in December to join Maple Grove-based Data Recognition Corporation.
Ads are the chief weapons in the tourism war, and because Minnesota’s marketing budget is tight, “the dollars we put in have to work harder,” says Ryan Olson, an account director at Colle+McVoy, the Minneapolis advertising agency that handles Minnesota’s tourism account.
Offering a lower barrier to entry, food trucks have allowed local entrepreneurs to test-drive their food concepts—but there’s a growing trend of trucks expanding their brands to permanent restaurants.
Round Lake-based Farley’s & Sathers Candy Company and Forest Park, Illinois-based Ferrara Pan Candy Company did not release many details—including where the combined company will be based—but said that the post-merger company will be headed by Ferrara Pan’s current CEO.
Target, Mayo Clinic, General Mills, Best Buy, 3M, Ecolab, and Cargill are among the nation’s “ideal employers,” according to college students looking to join the U.S. work force.
The company has agreed to buy Brazil-based food company Yoki Alimentos, S.A., for about $859 million, thus confirming rumors that surfaced earlier this year.
On Sunday, the Minneapolis-based retailer began selling T-shirts with gay-friendly themes online—and it has pledged to donate the full purchase price of each one, up to $120,000, to the Family Equality Council.
Fairview’s chief executive Mark Eustis will retire on July 31 when his five-year contract expires, and Chairman Chuck Mooty will take the reins as interim CEO.
The announcement comes a week after the workers and the eight Twin Cities hospitals that employ them reached a tentative contract deal—and the tentative deal was struck just a day after employees authorized a two- to five-day strike.