After its plans to enter Minnesota in 2012 fizzled, Corner Bakery Café is once again hoping to bring more than a dozen cafés to the Twin Cities.
Industry
Japan-based technology company Ricoh announced Tuesday that it is buying a cloud and IT services business from Best Buy, which the Minnesota company bought for $167 million at the end of 2011.
The building that houses an LA Fitness in St. Louis Park has been sold to a Florida-based real estate investment trust.
Precision Associates recently bought a majority stake in MMI Precision to help broaden its capabilities for medical device customers—and it’s already eyeing growth for MMI.
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Precision Associates recently bought a majority stake in MMI Precision to help broaden its capabilities for medical device customers—and it’s already eyeing growth for MMI.
While Minnesota can’t quite compete with salaries paid in New York or California, the Twin Cities remain between 2 and 5 percent above average for white-collar compensation in fields like public relations and advertising.
Jeffrey Holmers, a local real estate agent, said that his past business dealings with Denny Hecker ultimately led him to file for Chapter 7 bankruptcy.
Target recently announced plans to open new stores in Ohio, California, New Jersey, and Massachusetts; they will open shortly after Target closes locations in Illinois, Nevada, Georgia, Ohio, Tennessee, and Florida.
Minneapolis finance officials estimate city restaurants, like MASA, left, lost $1.7 million in dining revenues for the season.
Allianz Life Insurance Company, Mayo Clinic, and General Mills were named to the list based on employee surveys and company benefits and practices.
Grocery Shopping Network is becoming part of the “Shoptopia Network,” an online aggregator of products sold by a wide variety of retailers.
On the news of unexpectedly poor holiday sales, Best Buy’s stock fell nearly 30 percent Thursday and its CEO announced that the company would need to cut costs.
A recent study revealed that Twin Cities residents are less confident in their personal finances than financial experts believe, and that most plan to focus on paying down debt, rather than increasing spending.
Target has not indicated that pharmacy records were exposed, although some say the recent data breach amplifies concerns about “medical identity theft” at retail chains with pharmacies.
Kevin DiLorenzo has joined forces with Bob Barrie and Stuart D’Rozario, whose firm will now be called Barrie D’Rozario DiLorenzo.
New owner TD Bank expects “no significant change” to the portfolio’s value in wake of Target’s data breach.
The vote of the musicians was complex, because members of the orchestra are scattered around the globe, performing with symphony orchestras elsewhere.
Governor Mark Dayton focused on higher education, Capitol renovations, and clean water investments in his most recent proposal.
Jim Schowalter, commissioner of the Minnesota Department of Management and Budget, called a recent lawsuit "an archetypal case of bad-faith laches."
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