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.
The dreary spring has cast clouds over the fishing business. The St. Croix Outdoors bait and tackle shop said its down 85 percent right, and that the ice-out conditions during the fishing opener was the first punch.
This cold, rainy weather doesn’t really make you want to run out and buy a tank top or flip-flops. In fact, experts say the weather and economy are the two biggest factors when it comes to buying clothes.
Rural Democrats’ opposition to changing Minnesota’s gun laws casts doubt on what legislation, if any, will pass this year to tackle gun violence.
Struggling consumer electronics chain Best Buy said Friday that a key revenue metric declined during the critical holiday season. But its flat performance in the U.S. was better than the past several quarters, and online revenue showed strong growth.
If you’re trying to figure out what to get that sports fan in your life, you’re in luck.
This season could mark the end of Black Friday as we know it. For decades, stores have opened their doors in the wee hours on the day after Thanksgiving.
Continued strong sales of Spam and Jennie-O products helped Hormel Foods as its net income climbed 13 percent in its fourth fiscal quarter. The Austin, Minn., company also increased its annual dividend by 13 percent to 68 cents per share.