The company now believes its U.S. sales will rise 3 percent to 4 percent a year through 2017, although it still expects to generate $8 a share in profit that year.
Tourism
An investor group says ValueVision is underperforming and needs a new chief executive; the company, meanwhile, pointed to its climbing stock price as indicative of a successful turnaround strategy.
In a partnership that may draw Target some new customers, the retail giant is offering health benefit discounts to Medica members.
Selected “pop-up shops” will operate rent-free for two to three months as part of a program meant to fill vacant Duluth storefronts during the holidays.
Although Norcraft will be only the second Minnesota company to complete an initial public offering this year, the state may be poised for more.
Target and General Mills each paid cash grants of more than $100 million last year, although both companies allocated just 18 percent of those grants within Minnesota.
Four top local concierges answer business travelers’ most frequently asked questions.
The recreational vehicle company’s stock dropped more than 15 percent Thursday morning after its earnings fell well-below Wall Street expectations for the company's second quarter.
From tactical vehicles for armies to off-road ambulances in India, Polaris is adding products at home and aboard, and it reported a record-breaking third quarter.
How the record store is competing against free.
The asking price for Eden Prairie Center was nearly $100 million, and the Cahill Plaza shopping center sold for more than $8 million.
The pressure’s on for retailers to stand out this holiday season; Target has added electronics, video games, and sporting goods to its “top toys” list and will feature a promotional video series featuring a former CIA officer.
By partnering with e-commerce service provider ChannelAdvisor, Best Buy has increased the number of products it offers online from third-party sellers.
Months after selling off a huge chunk of its business, Supervalu’s second-quarter profits and revenue both beat analyst expectations.
Fashion expenditures account for almost half of a teenager’s budget, and spending is down, but retailers may have more to worry about as the holiday season edges closer and the government remains shut down.
As Target makes digital efforts a top priority, 150 jobs have fallen by the wayside.
Target is asking certain vendors to assess the sustainability of their products; the “sustainability scores” will help guide Target's merchandising and product-placement decisions.
Samsung said it isn’t looking to acquire Best Buy stock; Best Buy leaders, meanwhile, have recently been selling shares as the company’s stock price climbs.