Target Corp.’s third-quarter net income dropped 47 percent, stung by costs related to its expansion into Canada. Its adjusted profit beat analysts’ estimates, but revenue fell short. The department store operator also lowered its full-year adjusted earnings forecast.
Software engineers wearing jeans and flip flops test the latest smartphone apps. Walls and windows double as whiteboards where ideas are jotted down. And a mini basketball net is in the center of it all. At first glance, this workplace resembles any Silicon Valley startup.
Black Friday shopping at Best Buy will kick off at 6 p.m. on Thanksgiving, the company said in a release. Stores will then remain open until 10 p.m. on Friday, Nov. 29. Best Buy said customers wanted to shop on Thanksgiving evening last year, so the Richfield-based company is catering to that trend.
A new holiday shopping survey shows people plan to spend more this holiday shopping season, but for the first time ever, stores are not the first place people are going. Most consumers, who were surveyed by the finance company Deloitte, said the Internet is their top shopping destination.
Should tracking your money be a part of your daily routine? Budgeting is more important now than ever before, but one study found 32 percent of us put together a monthly budget and only 30 percent have a long-term financial plan.
CenterPoint Energy is requesting permission from the Minnesota Public Utilities Commission to modify the rates it charges for natural gas. On Fridaty, the company filed an application to request an increase for monthly basic charges for residential customers.
Target Corp. said Thursday that it is ending its relationship with celebrity cook Paula Deen as fallout builds from revelations that the Southern celebrity chef used racial slurs in the past. Diabetes drug maker Novo Nordisk also joined the companies distancing themselves from her.
They are group coupon sites that deliver steep discounts. Millions of users visit web sites like Groupon or Living Social to cash in on daily deals. But when you go to redeem that coupon, you might want to look twice at what you’re paying in taxes.
There will soon be a new way to get discounts and deals year round in the Twin Cities. The Eagan City Council has approved preliminary plans for a new outlet mall.
Minnesota’s largest airline tells WCCO its online pricing problems for preferred customers were fixed months ago, but more Delta customers are questioning what they thought were the company’s perks.
Cindy Schnaith is practically giddy when gassing up these days. It wasn’t more than a month ago that filling up her sport utility vehicle cost her nearly $80 per tankful.
J.C. Penney’s shares are tumbling a day after the department store chain announced the sudden departure of Michael Francis, a top Target executive brought in last October to help redefine the store’s brand.
Target says its board approved the increase of its quarterly dividend by 6 cents, or 20 percent, to 36 cents.
Sales of Sodastream are surging as more and more families are making their own pop at home. The company reports it sold 2.7 million units in 2011, a 41-percent increase over the previous year.
Commercials for Fast Brite claim to restore the headlights on your vehicle to showroom bright in 30 seconds, but how well does the product really work?