The retailer expects to save between $70 million and $80 million per year by reducing the size of its "big box" stores by 10 percent.
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The Chinese company that Polaris sued late last year over patent infringement regarding its Ranger RZR side-by-side off-road vehicle has asked a federal judge to dismiss the case.
The acquisition will lead to new products and technology, geographic expansion, and an immediate cash flow, according to Graco.
The developer of a proposed retail development asked for an exception to a rule that requires "alternative financial establishments" to be located at least 1,320 feet apart. The city's planning commission on Friday approved the request, allowing the project to move forward.
The Wayzata-based bank holding company has appealed a lower-court's decision to reject its request to block enforcement of forthcoming rules that will limit debit-card swipe fees.
Michael Joseph Krzyzaniak, who was convicted of a federal investment fraud felony in 1993, allegedly told investors that their money would be used to fund specific projects-but instead, it funded his expenses and lavish lifestyle.
In separate announcements, Rotation Medical-which is developing products for the repair of soft tissue in the shoulder-raised $10 million, while orthopedic start-up Dgimed Ortho has raised $2 million.
In two separate announcements made Tuesday, 3M unveiled the launch of a new company in Korea and a new manufacturing facility in Nashville, Tennessee.
The Met Council announced that an additional $3.3 million will be made available to St. Paul businesses hindered by the Central Corridor light-rail construction; that's in addition to the $7.8 million that was initially available.
Compellent said that it had planned to expand its work force prior to being acquired by Dell, but resources made available through the transaction will allow it to grow immediately.
The records, which contain health and billing information for patients admitted to Fairview Southdale Hospital, were last seen on February 19, right before a scheduled move to a new location.
The company is being sued in four states-California, Ohio, Florida, and New Jersey-over the marketing and advertising of its Yoplait Yo-Plus Yogurt, which claims to have digestive health benefits.
Terms of the agreement, which is expected to close next month, were not disclosed.
David Grzan claims his longtime employer and business partner created a hostile work environment and threatened his family, among many other accusations. In a countersuit, Steven Liefschultz, CEO of Equity Bank, says Grzan filed his lawsuit in order to defame and extort him.
The state's jobless rate dropped a modest 0.1 percent during the month as employers added 2,800 jobs.
The Web development firm is in the process of more than doubling its space at its Bloomington headquarters as it plans to significantly increase sales and add 100 employees in 2011.