A gigantic ice castle occupies the Mall of America parking lot.
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Tom Horner, who co-founded PR firm Himle Horner in 1989 and later sold his stake when running for Minnesota governor, has joined forces with his daughter to launch Horner Strategies, LLC.
The move comes less than three months after John Gilbert took the reins as CEO, and through it, the company aims to boost profits by at least 1 percent.
Verso Paper, which shuttered its Sartell Paper mill following a fire that killed one worker, has reportedly paid a $39,200 fine after being cited for two violations by the Occupational Safety and Health Administration.
Imperial Plastics reportedly plans to build a 69,120-square-foot facility in Mankato, where it intends to employ 125 people.
The state’s unemployment rate fell 0.2 percent as Minnesota employers added 10,800 jobs in November; the trade, transportation, and utilities sector—which includes the retail industry—added the most jobs during the month.
Stephen Gillett, who leaves at a time when Best Buy is trying to boost its share of the online market, will serve as executive vice president and chief operating officer at Symantec—a major Best Buy vendor.
To compile the list, 500 small metro areas across the nation were ranked based on the percentage of owner-occupied homes, the crime rate, charitable giving, and the percentage of college graduates.
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.
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.
At least one securities analyst believes Caribou could fetch a higher purchase price, while another said that the $16-per-share offer accounts for the chain’s growth potential as well as its recent “choppy” financial performance.