The company said that Kris Tufto, who has served as interim president and CEO since August, will assume those positions on a permanent basis; meanwhile, third-quarter financial results suggest that the struggling company may be turning itself around.
latest articles
The Hotel Minneapolis was sold for $46 million, and the downtown Minneapolis Comfort Suites was purchased for an undisclosed sum and will become a Hyatt Place.
Can a campaign that shows
employees thanking bosses for their insurance plan be believed?
Minnesota attorneys discuss creating relevant guidance for online work life.
Corn and soybean prices, which are being driven up by this year’s drought, continue to impact local poultry and egg companies; ultimately, the drought is expected to drive up consumer prices.
The company, which has hired 22 people in the metro area this year and anticipates additional hires in the near term, recently relocated to a larger office space.
Residential real estate brokerage firm HomeServices of America has formed a new joint company that will launch a real estate brand called Berkshire Hathaway HomeServices and more than quadruple its network of brokers from about 16,000 to more than 69,000.
In early 2013, Sebesta Blomberg plans to move its headquarters from Roseville to St. Paul; Hawkins, Inc., will then relocate its corporate office from Minneapolis to the Roseville space.
Graves 601 Hotel Wyndham Grand and The Saint Paul Hotel ranked eighth and ninth, respectively, on Condé Nast Traveler’s list, which was compiled based on reader ratings.
Wells Fargo said that it will consolidate three suburban locations over the next three years and shift about 1,000 workers to the Metropoint complex in St. Louis Park, where it just signed a long-term lease.
Some Minnesota companies that were forced to close their East Coast locations as Hurricane Sandy hit the coast Monday reopened stores on Tuesday; meanwhile, U.S. stock markets remain closed but are expected to reopen Wednesday.
According to an annual survey by Deloitte, local consumers plan to boost their spending on gifts by about 3 percent but decrease their overall holiday budgets by the same percentage; the majority of Twin Citians also expect the economy to improve in 2013.
Bibelot and Patina are
the fraternal twins of
local gift boutiques.
The legendary radio personality starts a podcast—a business venture
he contends is designed to pave his path out of radio.
Mark Phillips, who became DEED commissioner in January 2011, said he was “a good fit for a good part of the DEED work” but didn’t enjoy the administrative part of his role; he plans to retire in about five years and wanted to end his career in the private sector.
LuAnn Via, who has overseen retail brands including Payless ShoeSource, Lane Bryant, and Cacique, will attempt to return Christopher & Banks to profitability.