Chrysler sales rose 20 percent. Ford sales flat. GM down 1 percent.
As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
There’s a new place to shop in the Twin Cities. Thursday the city of Eagan is celebrating the grand opening of Twin Cities Premium Outlets. Nothing says happiness like a new outlet mall.
Good weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
Is America’s love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren’t shelling out for consumer electronics.
They’re a fixture of our suburban landscape. Big box stores with big boxes in the shopping carts. People swear by their Costco and Sam’s Club memberships, but they have to buy big in order to save big. So, what if you don’t want to buy in bulk, and are the big sizes a better deal anyway?
Target is vastly expanding the goods that are available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com. The nation’s second-largest discounter first dabbled with subscriptions last September, trying to win over haggard parents with 150 baby care products.
A store in Duluth caused an uproar by having a special sale for Martin Luther King Jr. Day. A sign at Global Village read “MLK Day sale, 25% off everything black.” The store also posted the sale on Facebook, drawing angry comments from across the country.
Shares of Best Buy sank 27 percent after the company said sales declined during the holiday shopping season, which was marked by weak consumer spending and heavy sales promotions by retailers.
Shoppers wanting to save a few bucks can find big savings during the after-Christmas sales. According to the National Retail Federation, retail sales this holiday season were down 3.5 percent. But stores are still expected to come out ahead for the year, thanks in part to post-Christmas deals.
The debate over whether to lift Minnesota’s ban on Sunday liquor sales is bubbling up again. This time, activists plan to enlist craft beer drinkers to their cause. Minnesota Beer Activists is launching a public awareness campaign for Sunday liquor sales in the coming weeks.
Are you working on your pitch? You know, the one you’ll repeat at every holiday gathering in the next few weeks. It’ll sound like an elevator pitch at your company party, it’ll sound like a sales pitch at your friend’s company party, and it’ll sound like a defense argument at your family holiday party.
With Halloween behind us, the upcoming December holidays bring on a full slate of arts and crafts fairs around the metro. These events take place all year long, but the pre-holiday season finds them at […]
Best Buy has a new strategy and is excited about the holiday shopping season. But just 12 months ago, many business analysts wondered if the iconic Minnesota retailer would even survive. The stock was in free fall, the former CEO was accused of having an affair with an employee and was ousted, and the founder of the company was attempting a hostile takeover.
Don’t be surprised if you notice more RV’s and motor homes out on the highways. While recreational vehicle sales dipped during the recession, buyers are now back. The RV Industry Association says more than 300,000 RV’s are expected to be sold this year.