The Minneapolis-based Ackerberg Group expects to close on the deal for the Uptown Minneapolis complex in early April.
Tourism
The Bloomington mall confirmed recently that, after closing on $300 million in financing, it plans to add a 700,000-square-foot expansion.
Best Buy swung to a profit in its fourth quarter but is reportedly planning to cut up to 2,000 managers across the country.
3M ranked 23rd and Target 29th, although both fell several spots from last year’s list.
Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.
Hy-Vee, which has 235 stores in eight states, is planning to add several stores in the metro area.
Hollywood Fashion Secrets moved from its former 4,500-square-foot offices to a 6,159-square-foot space at 219 Second Street North in Minneapolis.
The new Radisson Red and Quorvus Collection concepts join Carlson Rezidor Hotel Group brands Radisson, Radisson Blu, Park Plaza, Park Inn, and Country Inns & Suites.
For the second time, Target has launched a mobile app game that showcases products that it sells in its stores. The company said it plans to launch six more this year.
Dunn Bros. moved across the street, added a bakery, and will now serve beer and wine; its former location is being taken over by new retail shops.
The North Dakota-based Stop-n-Go gas station and convenience store chain, which had four locations in Minnesota, was bought out by Iowa-based Casey’s General Stores, Inc.
Caldrea produces the Mrs. Meyer's Clean Day line of eco-friendly household cleaning products sold in thousands of stories across the United States.
The nonprofit has added several local stores in the past couple of years and is now considering a new location in St. Paul.
Best Buy and Ameriprise Financial made Bloomberg’s list of top 10 most-disappointing stocks based on their poor January performance following a strong 2013.
The Hard Rock Café, which is known largely for its music-memorabilia décor, is hiring managers to oversee a planned location at the Mall of America.
The Clinton Group claimed in a recent letter that ValueVision broke state law by not holding a special shareholders meeting 90 days after it was requested—but the Minnesota company argues that Clinton’s original request was invalid.
Target Chief Financial Officer John Mulligan said Tuesday that the malware, which infiltrated the retailer’s point of sale system, remained on a select number of registers for three days after the company said it had eradicated the problem.
The new products include protein- and fiber-heavy snacks as well as variations on the company’s iconic Cheerios and Cinnamon Toast Crunch cereal brands.