The same day the retail giant reported that its profits fell 16 percent during the first quarter, it announced that it will soon begin testing a new delivery service to three major markets.
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Investors gave Pentair the green light to relocate its place of incorporation from Switzerland to Ireland, a move that is expected to result in tax advantages.
In order to complete a proposed merger of their North American flour-milling businesses, the companies are first selling four mills, including one in Minnesota.
Representative Morrie Lanning: “It’s not just the Super Bowl. It’s a $400 million project being built around the new stadium. I don’t know how anybody can now feel that this was a bad deal.’’
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Representative Morrie Lanning: “It’s not just the Super Bowl. It’s a $400 million project being built around the new stadium. I don’t know how anybody can now feel that this was a bad deal.’’
While Target’s quarterly profits were in line with its expectations, the company drastically lowered its forecast for 2014 from last quarter due largely to the effects of its data breach and costs of its Canadian expansion.
Sunday sales didn’t make the cut, but new legislation still has implications for craft beer taprooms, micro-distilleries, farm wineries, and home brewers, among others.
Target ousted the president of its Canadian operations the same day it announced that one of its longtime executive vice presidents plans to retire.
Approximately 29.4 million travelers visited the Twin Cities in 2013, representing a 5.4 percent increase over 2012, according to a study commissioned by Meet Minneapolis.
National sales tied to the recreational boating industry increased amid higher demand and the introduction of new products.
AllOver Media acquired Trans Media Group, the parent company of AJ Indoor and TMG Alternative Out-of-Home Media, which offer advertising options throughout the Twin Cities.
The global hospitality company sold the iconic restaurant brand in order to focus more energy and resources on its hotel and travel businesses.
Jason Bristow, a 10-year vice president and treasurer at Amazon, returned to his native Minnesota Monday to serve as chief financial officer for a growing software firm.
The biggest immediate obstacle: Flush Chinese tourists don’t know MOA exists.
Gregg Steinhafel’s compensation fell during the company’s latest fiscal year, but he’ll receive a severance package worth millions following his “involuntary termination for reasons other than for cause.”
Killian Rieder’s “Elo” pillow is equipped with speakers that play music or tell children’s stories, but only when the child’s head is resting on it.
Two new television ads on behalf of two Republican candidates for governor will be on the air shortly.
Among the many stores seeking applicants are Saks Fifth Avenue’s Off Fifth, Coach, Michael Kors, Nike, and Gap Factory Store.
The Minneapolis-based retailer is taking another step in its attempt to prevent future data breaches.