Regis on Monday announced that Randy L. Pearce-who is currently president-will serve as CEO starting February, and that the company plans to lower expenses by $40 million to $50 million over the next two fiscal years to improve earnings.
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A Target spokeswoman said that the departure of Michael Francis, who was leading the retailer's expansion into Canada, will have no bearing on its plans to open stores north of U.S. borders; the company hasn't yet determined an approach for finding Francis' replacement.
Fortune magazine named Gail Boudreaux of UnitedHealth Group and Shari Ballard of Best Buy to its list of America's leading businesswomen.
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The new notification service can track marathoners and provide real-time progress updates to friends and family via text message.
The company also will reportedly loosen return policies, increase advertising to smartphone users, and expand its Geek Squad technical support to nab sales from Amazon.com during the upcoming holiday season.
Best Buy will sell Amazon's Kindle Fire, a new tablet that will cost $199 and is expected to compete with Apple's popular iPad device.
The National Labor Relations Board dismissed all four complaints filed by the union that represents workers who were locked out last month by American Crystal Sugar Company.
Joseph Traxler of Centennial Mortgage and Funding, Inc., allegedly used funds intended for mortgage loans to cover Centennial's operating losses and to fund its payroll and other expenses.
An investment of $1,000 in what is being called "the state's first community-supported brewpub" can reportedly secure a lifetime supply of free beer.
Plato's $471 million bid for Renaissance Learning is the highest offer on the table, but Renaissance's board of directors is recommending that shareholders approve a $455 million buyout offer from global equity firm Permira Funds.
Target veterans Sally Mueller and Jamie Curtis have been hired to lead the new Minneapolis office of Cherokee-which licenses its fashion and lifestyle brand to Target, among other retailers.
Terms of the deal were not disclosed, and a Target spokeswoman told the Star Tribune that there are no immediate plans for the site.
The annual event that supports women's economic prosperity programs will have Connie Chung talking about successes and challenges during her four-decade career.
The 15-year-old organization will cease operations at the end of this year; its executive director, Joel Akason, will become a full-time employee of recently formed regional economic development organization Greater MSP.
The city said that it was recognized for its excellent planning policies, high level of staff commitment to pedestrian safety, and pedestrian campaigns and events.