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Report: Target Depending More on Non-Discretionary Products

Non-discretionary merchandise accounted for 44 percent of sales in 2011, up from 39 percent in 2009-and driving the shift is a strategy to induce the retailer's loyal, high-income shoppers to buy more rather than attracting new customers, according to a recent Star Tribune Point of Sale blog post.

AllOver Media Makes 4th Acquisition in Two Years

The non-traditional advertising company most recently purchased The Wide Format Shop, a Minnetonka-based print shop that produces ads for the sides of trucks and ice boxes and other large vinyl graphics and banners.

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AllOver Media Makes 4th Acquisition in Two Years

The non-traditional advertising company most recently purchased The Wide Format Shop, a Minnetonka-based print shop that produces ads for the sides of trucks and ice boxes and other large vinyl graphics and banners.

Tribe: New Casino Could Bring MN $1B in 5 Years

White Earth Nation said that a Twin Cities casino could bring the State of Minnesota between $726 million and nearly $1 billion in revenue by the end of its first five years of operation; the tribe said the money could be used to fund the state's share of a new Vikings stadium, among other things.

TCF Restructures Debt, Sells Mortgage-Backed Securities

The bank-holding company said the move reflects its shift away from longer-term loans and investments, including residential loans, commercial loans, and mortgage-backed securities, and toward shorter-duration variable-rate loans, such as auto loans and equipment financing.
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