A twice-yearly survey by the University of St. Thomas Opus College of Business indicates that local real estate professionals are less confident about the near future of the commercial real estate industry than they were just six months ago.
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John Zacher was the CEO of Walker-based Unlimited Peak, which acquires and grows small to medium-sized companies, and also started at least two other businesses.
Christopher & Banks Corporation on Monday said that two Minnesota locations will be affected by its recently announced plans to shutter about 100 underperforming stores-one in Roseville and another in
Solbar, which has a sales office in Oakdale, provides soy protein ingredients to manufacturers in several sectors; the deal is expected to close in early 2012.
Minnesota didn't budge from its spot on last year's list; while the state ranked third for its quality of life and also scored higher than most other states for labor supply and growth prospects, it trailed behind most other states for regulatory environment and business costs.
Eligible Hormel Foods workers received a share of $16.5 million in profit-sharing payouts; meanwhile, Marvin Windows and Doors, which has traditionally given bonuses to its workers, reportedly will not pay out profit-sharing bonuses this year due to a slumping housing market.
The Mall of America, which joined a growing trend this year by opening its doors at midnight on Black Friday, said that its decision to open early resulted in record
Capital Safety, Inc., a Red Wing-based manufacturer of safety equipment, announced Monday that it will be acquired by New York-based private equity firm Kohlberg Kravis Roberts & Company (KKR) for
About a month after Target Corporation announced the departure of its online president, the Minneapolis-based retailer has promoted Casey Carl to a position in which he'll oversee its Web site.
The December issue of Twin Cities Business features 200 notable Minnesotans-and the full list is now available online and on selected newsstands.
The new name reflects ownership changes that have occurred in recent years; former co-owner Thomas Horner left the firm in 2010, and Todd Rapp became a co-owner in 2008 and now shares that title with CEO and founder John Himle.
Local grocery chains Lunds and Byerly's and Bentonville, Arkansas-based Sam's Club have reportedly joined the list of retailers that have discontinued their relationships with Litchfield-based Sparboe Farms as an egg
UnitedHealthcare, a subsidiary of UnitedHealth Group, Inc., announced Tuesday that it has agreed to acquire XLHealth Corporation, a Baltimore-based Medicare insurer. Financial terms of the all-cash acquisition were not disclosed.
Maple Grove-based AllOver Media, Inc.-which specializes in non-traditional advertising on things like gas pumps, gas handles, and ice boxes-said Saturday that it has acquired Intran Media Vehicles, Inc. Financial terms
Having failed to reach an agreement with its locked-out union workers in an ongoing labor dispute, American Crystal Sugar Company began advertising that it is seeking temporary workers for its
Minnesota's Angel Tax Credit Program is tapped out for the year and has begun accepting applications from investors and businesses wanting to participate in 2012, the Department of Employment and
WNC & Associates, Inc., a California-based investor in urban renewal and affordable housing projects, recently announced that it has provided $8.3 million in "new markets tax credit" financing to Minneapolis-based
Although there were challenges experienced by various stakeholders, the long-term economic impact of the 20-day state government shutdown in July-the longest in the state's history-is expected to be minimal, according