The company reported a narrower loss and slightly higher sales as it distances itself from expensive restructuring costs; its stock price, which has slid in recent months, climbed on the news.
Tourism
Carlson Rezidor Hotels said its latest hotel deals accounted for 25 percent of all the new hotel deals that were signed in India last quarter.
The recalled products include floor lamps that contain a fire hazard and Indian-brand motorcycles built before Polaris bought the brand.
Fast-growing Snap Fitness has about 1,500 locations worldwide, and it said that the acquisition of Steele Fitness will help differentiate its offerings by adding “premium personal training.”
The rejected moratorium came four weeks after the council voted to allow a six-story apartment development project to move forward against the wishes of some residents who campaigned to “Save Dinkytown.”
The in-store pickup service would bring Target up to speed with some competitors, but some analysts reportedly question whether Target can implement the program in time for the holidays.
The new service, called Target Ticket, is expected to offer access to 15,000 titles and is reportedly slated to roll out this fall, after being tested by Target employees.
The cornerstone of Edina’s retail scene, the Galleria, is adding a Kate Spade and a North Face store this fall preceding an upcoming expansion of the shopping center.
Target is among retailers that have been touting growth in online sales. But when contacted by regulators, the company reportedly said that digital sales have represented an “immaterial amount” of total revenue.
Despite a rumor that was circulated last week, Best Buy said it has no partnership with Google to announce, and a Google official said Google Glass will not appear in Best Buy stores next year.
Bringing in clients from the coasts.
The Gray House offers range and an ambitious
menu in a minimalist atmosphere.
Target’s CEO said Canadian prices are what they should be, despite the differing view of many Canadian customers.
The Golden Valley-based food giant is returning its “Big G Monsters Cereals” exclusively to Target shelves by early September and for a limited time.
Best Buy said it is improving same-store sales and cutting costs, and its stock price climbed about 10 percent early Tuesday.
A group of Best Buy shareholders argue that false statements made by the company’s executives caused its stock to rise artificially before abruptly dropping 14 percent months later when the company lowered expectations.
Target bought a company that hosts a trio of websites that sell beauty products; the deal marks the company’s third e-commerce acquisition since March.
The controversial plan to build a 140-unit apartment building on land once occupied by the House of Hanson, Duffy’s Pizza, the Book House and the Podium was approved Friday on a 9-to-4 vote by the Minneapolis City Council.