Target is selling its pharmacy and clinic businesses to the drugstore chain CVS Health for about $1.9 billion in a deal that combines the resources of two retailers seeking to polish their reputations as health care providers.
Last week, the news broke that Target Corp. plans to lay off several thousand employees at its Minneapolis and Brooklyn Park corporate headquarters.
This holiday season, retailers are expected to send us nearly 13 billion catalogs. According to the American Catalog Mailers Association, that’s down from the peak in 2007 — 20 billion — but it’s still 41 catalogs for every man, woman and child in the U.S. every year.
The world’s largest internet company could be building a distribution center in Minnesota. The Minneapolis/St Paul Business Journal says Amazon is looking to offer same day delivery in the Land of 10,000 Lakes.
More and more stores are announcing that they’ll be open on Thanksgiving, and some will even be opening earlier. It’s a phenomena some call the “Thanksgiving creep.” On Monday, Target announced they would open on 8 p.m. on Thanksgiving – an hour earlier than last year. Another hometown company, Best Buy, will open even earlier, at 6 p.m.
Disgraced Best Buy CEO Brian Dunn will receive a $6.6 million severance package.
When it comes to makeup, most women are loyal to certain products, but they may not realize the price for the same item can vary widely from store to store. WCCO went shopping at five popular stores for the same five makeup products and found price differences as great as 50 percent.