In a recent survey, Target was recognized for its commitment to community and reasonable prices, while Best Buy received high marks for employees that provide helpful feedback.
Tourism
Digital River said that its acquisition of LML Payment Systems will help it to expand its global online payment processing business to companies of all sizes.
A new business model for selling original art struggles to
find its niche.
Profits are up at the women’s clothing retailer thanks to strong online sales and new store openings—including its first six in Canada.
Gander Mountain and
Cabela’s aim for separate ends of the active-
lifestyle market.
The retail giant has already begun hiring seasonal workers at distribution centers and intends to begin hiring temporary store workers next month.
This month, we offer some autumnal options that combine high style with a more understated Minnesota sensibility.
The AMC Theatre in downtown Minneapolis will close September 23; meanwhile, the renovated Uptown Theatre reopens this week, complete with a larger screen, new seats, and a full-service bar.
Hubert Joly doesn’t think that there are a lot of consumers who visit Best Buy stores only to view products and then buy them online at lower prices.
The stores, none of which are in Minnesota, are expected to close by late February; the company declined to disclose the number of affected workers.
Best Buy’s new CEO Hubert Joly has outlined some initial plans but said his blueprint for turning the business around will come in several installments; meanwhile, some analysts think he could remain in the top spot even if a private takeover were to occur.
The fair attracted 1,788,512 people this year—up 1 percent from last year’s attendance and narrowly missing the all-time record set in 2009.
The Nicollet Mall property hopes to transform itself into a luxury hotel that will compete with the Hilton Minneapolis and the Hyatt Regency Minneapolis—and that will attract more corporate travelers during the work week.
Buffalo Wild Wings isn’t the first Minnesota company expanding to western North Dakota, where oil production has spiked in recent years.
CEO Wayne Sales said Wednesday that a restructuring of Supervalu’s leadership team is “designed to address two of our most immediate priorities: driving profitable sales in our retail stores and taking costs out of the business.”
Same-store sales rose 4.2 percent, a more significant jump than the 3 percent expected by analysts that Thomson Reuters polled.
CEO Joel Waller said that the company’s second-quarter financial results “marked improvement in our business, demonstrating that our strategic initiatives are taking hold.”
A new agreement gives Richard Schulze access to Best Buy’s financials and 60 days to present a fully financed buyout offer. If rejected by the board, he can present a second proposal in January—and if rejected again, he can go directly to shareholders.