The magazine named its 50 best new restaurants in the country and Uptown’s World Street Kitchen and The North Loop’s Borough both made the list.
Agriculture
The Wayzata-based company saw its annual and fourth-quarter profits skyrocket, following especially dismal financial results last year.
After investing in an Australian grain commodities business and beef processing company, Cargill has now purchased Joe White Maltings, an Australian malt producer.
The controversial plan to build a 140-unit apartment building on land once occupied by the House of Hanson, Duffy’s Pizza, the Book House and the Podium was approved Friday on a 9-to-4 vote by the Minneapolis City Council.
CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
The local business proves that ice cream still has legs.
A local restaurant vet stakes his rep on creating a growth vehicle.
Thirty of Minnesota’s wineries are offering free tastings for those carrying a “Discovery Passport”—which costs $25 and is good for 10 free tastings and other special winery offers.
A former OfficeMax executive is set to replace 26-year Supervalu veteran Sherry Smith as chief financial officer, effective August 7.
Edina-based Nash Finch agreed to an all-stock merger with fellow food distributor Spartan Stores, a deal that is expected to create a $7.5 billion company.
Although the company reported a net loss from continuing operations of $105 million, its adjusted earnings reached $0.14 per share, nearly doubling analysts’ expectations.
Plans call for the proposed Ardent Mills company to be headquartered in Denver, although there are also plans for satellite offices in Minneapolis and Omaha.
Unseasonable weather hurt CHS’ earnings, causing a smaller 2012 harvest and delayed planting this spring.
Cargill’s animal nutrition business is expanding in Thailand by acquiring a facility that produces 60,000 metric tons of shrimp feed per year.
Key to the company’s new product strategy are a revamped Hamburger Helper brand and new snacks for on-the-go customers.
Local law firm Fare Grange claims that an advocacy group has engaged in “trademark bullying.” The advocacy group, meanwhile, said that it must protect its trademarks to avoid confusion among potential donors.
Twin Cities Business reported last year that a software startup was giving OpenTable a run for its money; that startup now says it handles 51.7 percent of Twin Cities reservations, although OpenTable disputes that assertion.
Kaskaid Hospitality, Crave’s parent company, is buying the former Trocaderos nightclub and also plans to lease the Old Chicago space in Uptown Minneapolis.