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Retail

Target names PepsiCo exec as new chief financial officer

Target taps Jim Lee who will replace Michael Fiddelke and head finances at the Minneapolis retailer.
September 19, 2024
Business

Minneapolis-based commercial bakery acquired in deal that could be worth $2.5 billion

Rise Baking Co. grew rapidly through acquisitions after it was founded in 2013.
September 19, 2024
Retail

Pocketbook issues front of mind as Target, Best Buy launch holiday retail season

Target will have 50% more items than last year in its holiday assortment.
September 16, 2024
People line up outside the north entrance before the mall opens for Black Friday shopping Friday, Nov. 25, 2022 at the Mall of America in Bloomington, Minn... ] AARON LAVINSKY • aaron.lavinsky@startribune.com
Business

St. Paul could limit new fast food drive-thrus as planners discuss zoning changes

On Friday, the St. Paul Planning Commission will discuss draft zoning code changes that would ban new fast food drive-thrus.
September 11, 2024
Business

Where did all these Target workers come from? Annual meeting brings influx to downtown Minneapolis

Target employees have flooded Minneapolis, bringing traffic for downtown businesses.
September 10, 2024
Business

Target slows store theft, but at a cost to shopping experience

Asset protection experts say more innovation instead of familiar locked-up products is what will help retailers keep shrink like shoplifting at bay without also deterring customers.
September 5, 2024
Retail

Best Buy was banking on AI-driven computers curbing its decline. So far, so good.

The Richfield-based electronics retailer saw better-than-expected profitability this summer while sales were still down.
August 29, 2024
Retail

Target sales are finally showing a turnaround, but that doesn’t mean next few months will be easy

Consumers are still spending, even on clothes, the Minneapolis-based retailer said.
August 21, 2024
Retail

AI reshapes back-to-school shopping as Minnesota consumers try to make every dollar count

Twin Cities parents say they are holding the line on their budgets.
August 20, 2024
Twin Cities Suburbs

Why developers say they need tax incentives to redevelop sites along Edina’s France Avenue

City leaders advanced $23 million worth of TIF for a plan to redevelop the Macy’s furniture site.
August 17, 2024
Artist rendering of proposed redevelopment of the Macy's Furniture Gallery site.
Business

Where’s my fridge? Best Buy taps AI for live delivery tracking

Customers will be able to monitor when larger items and technicians will arrive at their homes.
August 16, 2024
Retail

Target won’t meet its cage-free egg goal in 2025

Retailers, including Target, blame bird flu and affordability concerns for the delays in reaching their benchmarks for cage-free eggs, while animal welfare groups say they dropped the ball.
August 15, 2024
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