Author’s archive

Best Buy May Switch to Everyday Pricing Model

Best Buy Company, Inc., is considering switching to a more consistent pricing model-but a local retail consultant is skeptical about whether it will work. Mike Vitelli, executive vice president and

Buff. Wild Wings Q4 Profit Up, Beats Estimates

Golden Valley-based Buffalo Wild Wings, Inc., on Wednesday posted better-than-expected fourth-quarter earnings as revenue soared despite slight decreases in same-store sales. Net earnings for the quarter that ended December 26

General Mills Wins Soup Ad Bout with Campbell

Golden Valley-based General Mills, Inc., will be allowed to advertise its Progressive Light Soup as "Now Even Better," according to an advertising self-regulatory group. The National Advertising Division of the

Insignia Gets $125M Settlement From Marketing Firm

Maple Grove-based Insignia Systems, Inc., announced Wednesday that it will receive a $125 million settlement from News America Marketing In-Store, LLC, ending a longstanding legal battle. Insignia Systems-which markets in-store

3M Ups Dividend, Plans Stock Repurchase

Maplewood-based 3M Company said Tuesday that it will pay a dividend of 55 cents per share-up 5 percent from the quarterly dividend paid last year. 3M also announced that its

Group Opposes Liquor Law Change, Surly Brewery

On Monday, Surly Brewing Company announced plans for a $20 million "destination brewery," complete with a restaurant, bar, and event center. But the state's current liquor licensing laws prohibit large

Local IT Co. Orbit Systems Bought by MindShift

Orbit Systems, Inc., a Mendota Heights-based information technology company, has been acquired by MindShift Technologies. Waltham, Massachusetts-based MindShift announced the purchase on Tuesday. Financial terms of the acquisition were not

Medtronic’s MRI Pacemaker Receives FDA Approval

Fridley-based Medtronic, Inc., announced Tuesday that its Revo MRI SureScan Pacing System-the first and only pacemaker in the United States specifically designed for use in magnetic resonance imaging (MRI) machines-has

ReelzChannel to Air Controversial Kennedys Series

Controversial miniseries The Kennedys-which was dropped by the History channel and passed over by numerous cable networks-has found a home with Minneapolis-based Hubbard Broadcasting, Inc.'s ReelzChannel. ReelzChannel, based in Albuquerque,

Supervalu Debuts Low-Cost Store-Brand Beer

Supervalu has long offered its own brand of many types of food and drinks-but it recently ventured into a new product category: value beer. Eden Prairie-based Supervalu said Tuesday that

Surly Seeks New Liquor Laws for $20M Brewery

Brooklyn Center-based Surly Brewing Company, which is struggling to meet demand for its popular beers, on Monday announced ambitious plans to build a new $20 million "destination brewery" featuring a