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.
The race is on to be first in line for this year’s best deals on holiday gifts: Black Friday is almost here. Every year, the stores open earlier in the wee hours of the morning, some even open at midnight after Thanksgiving Day, while other stores start the Black Friday sales on Turkey Day itself. If you’re going to get up that early (on a day off, no less), it is important to be prepared.
Discount retailer Target Corp. says a key revenue measure rose 2.4 percent in October as customers spent more on food and health and beauty items, but the number of people buying items was even with a year ago.
Target says a key revenue figure rose 2.1 percent in September as shoppers picked up back-to-school items and groceries. Analysts expected a 2.2 increase for revenue in stores open at least one year.
Supervalu Inc. said Wednesday that will close another 60 underperforming stores as it pushes to turn around its struggling business.
Everywhere you look at the Minnesota State Fair there’s another vendor, a booth, a stand. According to the fair, there are 1,200 to 1,300 licenses for businesses to operate for 12 days.
Target is reporting that net income for the second quarter was unchanged, with results dragged down by the retailer’s upcoming move into Canada. Yet customers are again spending money and the cheap chic discounter raised its earnings outlook.
3M Co., the iconic maker of Post-Its and Scotch Tape, said Thursday it managed a slim increase in second-quarter earnings as cost-cutting offset a revenue shortfall.
Wild fans were lining up at the Xcel Energy Center this afternoon, this time they weren’t there for Zach Parise or Ryan Suter.
For guys who go with their wives to garage sales, there’s usually not much there for them. That’s why Pat Meachem started having an “All Guy Stuff Sale” at his home in Farmington.
Target Corp. reported a 1.2 percent increase in first-quarter profit and raised its earnings forecast for the full year due to strong sales of its food and cheap chic fashions.
Target Corp. said Thursday a key sales figure rose a better-than-expected 7.3 percent in March, helped by warm weather. The discounter, with headquarters in Minneapolis, boosted its first-quarter earnings outlook based on solid results.
Fourteen people were charged Monday in connection with an alleged cocaine and crack ring in Minneapolis.
General Mills Inc. is lowering is fiscal 2012 adjusted earnings forecast, saying it experienced softer volumes in the U.S. during December and January.
Our lack of snow could be a good thing if you’re looking for some cool winter deals.
Minnesota had it best year yet when it comes to stopping sales of cigarettes to underage smokers.
Target Corp. says its revenue at stores open at least a year rose 4.3 percent in January, easily topping Wall Street’s expectations.
Target has been selling designer stuff since Michael Graves back in 1999. But Missoni was the first one to crash the store’s website, and now we’re getting a look at Target’s next “limited time” collection.
Grocery store operator Supervalu Inc. said Wednesday that its fiscal third-quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer.
Best Buy Co. says that weaker than expected traffic until the week before Christmas and low demand in Canada and Europe put a crimp in its December sales.
Since Black Friday many retail stores have been offering clearance pricing on select items, while the bulk of the good sales started on Dec. 26.
Local businesses are hoping for calm weather this shopping season after a rough 2010.