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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

Edina city leaders recently advanced $23 million of tax increment financing 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
Business

Target names Tyson Foods exec as new chief legal officer

Amy Tu, who has experience at Tyson, Boeing and Walmart, is replacing Don Liu.
August 13, 2024
The Target Corp. logo is seen on a shopping cart at a store under construction in Chicago, Illinois, U.S., on Tuesday, May 15, 2012. Target Corp., the second-largest U.S. discount retailer, raised its full-year earnings forecast after warm weather helped drive sales in the first quarter. Photographer: Tim Boyle/Bloomberg *** Local Caption *** John Griffith
Twin Cities

Rape charge added to 2 other sex assault allegations against masseur at Twin Cities spa

He is the second staff member at the same spa to be accused of a sex crime this year, according to felony charges.
August 12, 2024
Business

Minneapolis illustrator brings diversity to design to ‘celebrate Afro beauty and resilience’

Kprecia Ambers of Kp Inspires wants to provide inspiration through her home decor designs available at Target.
August 12, 2024
Business

Fintech firm Sezzle signs sponsorship deal with Minnesota Timberwolves, Lynx

Buy-now-pay-later financing provider becomes first Minnesota brand to sponsor NBA team’s jersey patch.
August 12, 2024
Twin Cities

Jack Farrell, Haskell’s ahead-of-his-time wine connoisseur and media personality, dies at 82

Farrell, who owned the Haskell’s chain, traveled to six continents for wine and made a name for himself during frequent radio and TV appearances in a career spanning five decades.
August 8, 2024
Business

Minneapolis-based Game Informer closes abruptly after 33 years in publication

Parent company GameStop continues to report financial losses.
August 2, 2024
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