For the first quarter of this year, Target's same-store sales rose 5.3 percent-marking its strongest quarterly same-store sales performance in more than six years. In other news, the retailer has opted to stop selling Amazon's Kindle e-readers.
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A University of Minnesota Extension study found that the state's 562 museums are also a boon for Minnesota's tourism industry; last year, an estimated 1.7 million people visited museums outside of their home regions, each spending an average of $24.35.
Barry Judge has reportedly left his role as chief marketing officer at Best Buy, and Stephen Gillett, who was recently appointed to lead the company's digital efforts, will now also oversee its marketing operations.
Eleven of Minnesota's agricultural cooperatives ranked among the 100 top-grossing in the nation based on 2010 revenue, and four made the top 10.
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Eleven of Minnesota's agricultural cooperatives ranked among the 100 top-grossing in the nation based on 2010 revenue, and four made the top 10.
Minneapolis-based law firm Foley & Mansfield has acquired another Minneapolis-based firm-Skjold Parrington Business Attorneys; the deal does not include Skjold Parrington's foreclosure defense and insurance dispute practices.
A study commissioned by Ameriprise Financial found that Baby Boomers are providing financial assistance to their adult children and aging parents at the expense of their own retirement savings.
Moe's Southwest Grill and Which Wich Superior Sandwiches will join the Penn & American development and open their doors in August.
The two companies have launched a joint advertising campaign, and they will market each other's services from their respective Twin Cities stores.
NorthStar Asset Management says Ecolab's political contributions are inconsistent with its stated values; shareholders will vote Thursday on a proposal under which they would weigh in on anticipated contributions before they are made.
The Lake Elmo restaurant was named one of the 100 best restaurants for brunch by reviewers using the OpenTable reservation system.
Vixar, which makes components for laser sensors, will use the money to increase its production.
Minnesota's attorney general, which sued Accretive Health for allegedly breaching privacy laws, has now accused the company of using aggressive-and sometimes illegal-methods for collecting money from Fairview hospital patients. The company says the allegations are inaccurate, and it is asking a judge to dismiss the lawsuit filed against it.
The funds will be used for intellectual property costs and to prepare for clinical trials that will bring the company one step closer to gaining regulatory approval for its first product-which was designed to reduce the risk of life-threatening, catheter-related infections in hemodialysis patients.
Gail Boudreaux of Minnetonka-based UnitedHealth Group and Juliana Chugg of Golden Valley-based General Mills were identified as likely contenders to lead a Fortune 1000 company within five years.
Inter Savings Bank was closed by regulators; its deposits and "essentially all" of its assets have been acquired by Missouri-based Great Southern Bank.
Jennifer Rutherford of San Jose, California, admitted to creating shell companies that sold non-existent marketing merchandise to Medtronic, thereby defrauding the company of at least $2.1 million.
Two-thirds of the finalists for this year's Ernst & Young Entrepreneur of the Year award for the Upper Midwest are leaders of Minnesota-based companies.
The competing OverDrive e-book lending service allows local library patrons to borrow digital titles for their own devices-but the new 3M Cloud Library system lets St. Paul library visitors check out an e-reader device, as well.