It’s a busy Friday afternoon at Parc Boutique in northeast Minneapolis. Racks full of women’s fashions greet the customers. But Parc’s owner, Thao Nguyen, says the recent cold snap has hurt her in-store sales. “It’s harder for people to come into the shop,” Nguyen said. Just like how tornadoes and hurricanes disrupt economic activity, there is also a steep cost to our cold weather. The lower the temperature drops, the fewer of us venture outside to shop, dine and recreate.
The Black Friday holiday shopping blitz has now stretched into a four-day shopping excursion. For mom and pop stores, the competition is bigger than ever. Sara Moulton spent Small Business Saturday shopping at one of her local favorites in Minneapolis, Patina. “The big stores are taking over holidays,” Moulton said. “I just love supporting local businesses and giving back to the community.” Patina manager Karin Tepparo says they don’t tout deep discounts, but instead rely on their one-of-a-kind items to bring in customers.
Penn Avenue in south Minneapolis is being rebuilt and widened, and the work is taking from May through October.
A U.S. senator said a reform bill isn’t just good for our broken immigration system. At the State Capitol Monday afternoon, Sen. Al Franken said the bill is also good for Minnesota farms and businesses.
Unseasonably chilly weather could make for a historically late ice-out date on Lake Minnetonka. And businesses along Minnetonka’s shoreline have been squeezed by our unusual cold.
Gov. Mark Dayton has told Minnesota business leaders to expect his revised budget plan to call for $1.8 billion in new state taxes, largely by raising rates on the highest earners.
A little more than 100,000 people live in Rochester – but how is the city reacting to the news of a possible influx of 30,000 new Mayo Clinic employees?
Just a week ago, things looked dire for Sarah and Tim Long, owners of Timbers Resort in Michigan’s Upper Peninsula. Snow is their winter lifeblood, drawing outdoor sports enthusiasts from far and wide, yet the ground was bare.
The Minnesota Wild will take on the Colorado Avalanche Saturday night at the Xcel Energy Center in St. Paul, and while the puck drops at 8 p.m., business will be booming on West 7th Street for hours leading up the the start of the shortened season.
Sunday’s snowstorm brought the most single day snowfall in nearly two years. The big totals made for big smiles on the faces of snow lovers and business owners alike.
Some local businesses are feeling the strain of delayed flights, power outages and damage from Hurricane Sandy.
It’s quiet along Stillwater’s Main Street on Monday, just how Bebo Youseff likes it.
Professional fireworks are expensive and some communities have turned to private funding. The mayor of Rochester has found that getting lots of businesses involved is the way to get more bucks for the city’s big bang.
The Minnesota Senate voted Friday to reduce and eventually eliminate the state’s property tax on businesses and to give an income tax break to married couples.
March will likely go down as the warmest on record in more than 100 years. That’s also bringing record years for all sorts of businesses, too.