The city of Rochester has now topped $1 billion in investment since 2013.
Companies
The retailer’s headquarters will remain in downtown Minneapolis, and the company will still own and lease more than 3 million square feet of office space in the Twin Cities
Physical stores still playing an important role in the retailer’s strategy, execs say.
On Season 6 airing this fall, Amanda Brinkman and new co-host, former NBA star and entrepreneur Baron Davis, will offer advice to businesses in six neighborhoods of Minneapolis and St. Paul.
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On Season 6 airing this fall, Amanda Brinkman and new co-host, former NBA star and entrepreneur Baron Davis, will offer advice to businesses in six neighborhoods of Minneapolis and St. Paul.
Only Minnesota location to be in Monticello.
Despite strong sales in its fourth quarter, the retailer is tweaking its operating model to adjust to “permanent” changes in customer shopping patterns, execs said.
Coronavirus concerns as well as the upcoming trial of Derek Chauvin make many downtown Minneapolis employers hesitant to set a return date.
Strong demand for its dairy products and Purina animal feeds fueled sales for the agribusiness cooperative.
The retailer will provide $500 bonuses for full-time employees in the U.S and $200 for part-time workers.
With $1 million in funding, the new LabFellows program will offer paid marketing fellowships to college grads from diverse backgrounds.
Cargill is powering through the pandemic, but its top executive worries about income inequality and government policies that stymie economic growth.
The Minneapolis-based corporation is rolling out a strategy to help people of color start businesses, buy homes, and land well-paying jobs.
Annual sales down 6 percent in the wake of the pandemic.
The company will spend the money over the next two decades. Goals include achieving “carbon neutrality” by 2050.
The Minnesota food company on Thursday announced that it has inked a $3.3 billion deal to buy snack nut brand Planters. Hormel CEO Jim Snee says it could pave the way for more acquisitions in the snacking space.
A Wednesday report in The Wall Street Journal indicated that the retailer is cutting an unspecified number of in-store employees.
He came to the Twin Cities in 1990 and built U.S. Bancorp through a series of acquisitions.
The St. Paul nonprofit aims to use the funds to boost Black and Indigenous employment in the region.