Minnesota employers added 9,100 jobs last month following strong job growth in November.
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Barbara Kaye Rechtzigel, former senior operations manager at Minnwest Bank in Marshall, embezzled money for her personal use, primarily to pay off shopping debts.
Despite the recent sales and earnings increases, Fastenal’s pace of growth has slowed compared to 2010 and 2011.
Net income climbed 5.2 percent as revenue rose modestly in the fourth quarter, closing out a strong year for the bank-holding company.
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Net income climbed 5.2 percent as revenue rose modestly in the fourth quarter, closing out a strong year for the bank-holding company.
Shares of Christopher & Banks’ stock climbed on news that the retailer—which is in the midst of a major turnaround effort—has raised its fourth-quarter outlook.
Winmark Corporation, which has been growing recently thanks to its fast-growing Plato’s Closet women’s clothing resale franchise, will soon launch another similar concept.
Infor’s current lease at Lawson Commons is set to expire in mid-2015, and a spokesman said the company always explores its options when a lease is up for renewal but added that Infor’s need for physical space in St. Paul has diminished.
The local positions include 104 financial representatives and 202 financial representative interns, and those hired to fill them will work out of one of two Twin Cities offices.
The new CEO succeeds Kevin DiLorenzo, a 10-year Olson veteran who was appointed chief executive in 2010 to grow the agency through acquisitions.
Shortly after adopting a year-round online price-match policy and reporting flat December sales at stores open for at least a year, Target is introducing six online-only brands; the retailer separately announced plans to cut ties with RadioShack and begin working with two new mobile phone partners.
The company previously said it expected to receive such a letter from regulators following the inspection of a manufacturing facility in California.
The two plan to combine their respective databases of health insurance claims and clinical records in order to evaluate health procedures and find ways to improve them.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
ShopJimmy.com acquired St. Paul-based Ness Electronics for an undisclosed sum.
As major shareholders, CEO Hubert Joly and other board directors could profit substantially from a Best Buy takeover.
Best Buy’s stock price rose after the company announced flat sales for the all-important holiday season.
The Metropolitan Council awarded a $545,300 grant for environmental cleanup at a Minneapolis site that the craft brewer is exploring—and the Minnesota Department of Employment and Economic Development has approved another $1 million in cleanup funding.
Following the sale of 877 stores to an investor group led by Cerberus Capital Management, Supervalu will replace CEO Wayne Sales with Sam Duncan, a retail veteran who most recently led OfficeMax.
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