Prior to the collection’s launch, Target reportedly ramped up the inventory, limited the number of designer items that shoppers could purchase, and beefed up its website to handle large demand.
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Strong international sales helped fuel a 22 percent jump in second-quarter profits; the company’s Yoki Alimentos business in Brazil, which it bought earlier this year, contributed.
Diana Nelson, daughter of current Chair Marilyn Carlson Nelson, has served on the board for nearly a decade and will assume her new role in May.
The purchase represents the latest in a series of acquisitions that have expanded ABRA’s geographic footprint and boosts the total number of ABRA repair centers to 132 in 14 states.
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The purchase represents the latest in a series of acquisitions that have expanded ABRA’s geographic footprint and boosts the total number of ABRA repair centers to 132 in 14 states.
The list was determined by Dartmouth professor and author Sydney Finkelstein, and Brian Dunn made the cut due to the company’s poor performance—not because of the much-publicized scandal involving his alleged relationship with a female subordinate.
IronGate Data Centers is already preparing a 270,000-square-foot expansion to its 85,000-square-foot east metro data center; the company aims to attract “very large users” from the East Coast.
Vélo, which will cater to residents with active lifestyles, will offer 101 luxury units and its first level will include 12,000 square feet of retail space.
The Joh. A. Benckiser Group, a German holding company that recently purchased a majority stake in California-based Peet’s Coffee & Tea, has agreed to pay $16 per share in cash to acquire Caribou Coffee.
The new services were announced as the Oakdale-based company, which has long offered physical data storage devices, is struggling to make a profit.
Company founder Richard Schulze reportedly faces a Sunday deadline, and his offer is expected to be at least $5 billion to $6 billion.
Rankings were based on percentage of residents that volunteered in 2011, which was 37 percent for the Twin Cities area and 38 percent for Minnesota.
Minneapolis plans to raise property taxes by about 1.77 percent, while St. Paul’s budget calls for a 1.9 percent increase.
The hacker group that claimed to have disrupted several national banks’ websites in September appears to have launched a second round of attacks, and Minneapolis-based U.S. Bancorp is once again a victim.
Charlie Zelle, who will begin his new role on January 15, succeeds Tom Sorel, who left his post at the end of November to lead AAA Minneapolis.
The company recently bought Iowa-based Mason City Business Systems, Inc., which expands its presence in the state and marks the company’s biggest acquisition to date.
According to a new report from the United Health Foundation, the state’s sedentary lifestyle and diabetes rates are among the lowest in the nation, but the figures are still concerning.
Fortune magazine surveyed “elite fund managers” to pick the best stocks to invest in next year, and Minneapolis-based U.S. Bancorp and Golden Valley-based Pentair made the cut.
While working at Environmental Tillage Systems, Ronald Lea Schaeffer allegedly wrote false checks from the company to himself and used the stolen funds to build a lake house in Elysian, Minnesota, and to make payments on home equity or auto loans.
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