Best Buy’s stock price dropped as the company confirmed its expected decrease in quarterly earnings and same-store sales; meanwhile, founder Richard Schulze and CEO Hubert Joly will reportedly meet this week.
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Pinkberry is the latest in a series of frozen yogurt shops to spring up in the Twin Cities—although, with more than 175 locations in 17 countries, it’s among the largest to establish a presence here.
A Target employee just delivered a petition with more than 250,000 signatures to Target’s corporate headquarters and wants the retailer to reconsider its plan to open stores on Thanksgiving; but Target claims that many employees wanted to work on the holiday and that hundreds of stores have lists of volunteers waiting for shifts to open up.
It’s easier than ever to spend your philanthropic dollars wisely. Here are some guides.
The Cleveland-based company will idle two of the four production lines at its Northshore operations in Minnesota while also reducing iron ore production elsewhere; the company said the changes are meant to “align with expected sales volumes.”
The site was reportedly down for about an hour on Monday morning, and some customers got stuck online waiting for purchases to go through.
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An annual study found that Twin Cities residents plan to spend $773 per household on holiday gifts this year, up from $703 last year.
Knowledge Marketing, Outsell, and SPS Commerce made Deloitte’s annual ranking, which is based on revenue growth over the past five years.
A new lawsuit reportedly accuses the bank of turning a blind eye to Tom Petters’ fraud; BMO Harris Bank, which acquired M&I, denies the claims.
Tornier Chief Operating Officer David Mowry has been named interim CEO, replacing Douglas Kohrs, who has led the company since 2006.
The retailer’s third-quarter financial results benefitted from the planned sale of its credit-card business; meanwhile CEO Gregg Steinhafel offered a positive outlook going into the important holiday shopping season.
Launched to promote job creation in the state, Jobs for Minnesotans will support proposals to bring mining of copper and other metals to northeastern Minnesota—which it claims will create thousands of jobs.
The new name, “Edmentum,” takes effect immediately; the company, which was acquired by a private equity firm in 2010, has since made key acquisitions that have expanded its offerings.
The state's unemployment rate remained unchanged at 5.8 percent last month; the professional and business services sector shed the most jobs, while other sectors, like construction, added jobs.