Are We Witnessing The Death Of Big Department Stores?The retail world has lost another department store. Sears announced it will be closing its Maplewood location this summer.
Retailers Celebrate Record $598B In Spending During Holiday SeasonU.S. retailers had a holly, jolly Christmas after taking in a record $598 billion dollars this holiday season.
Former Brides Donating Wedding Dresses To Brides-To-Be In Wake Of Bridal Chain's ClosureBrides across the U.S. have been blindsided by the abrupt bankruptcy of dress brand Alfred Angelo.
Macy's To Cut Nearly 5K Jobs After Tough Holiday SeasonMacy's has announced they're cutting up to 4,800 jobs after a miserable holiday season. About 2,100 of the cuts will be from reducing store staffs, back office operations and consolidating regional store groups.
Mills Family Sells Fleet Farm To New York FirmMills Fleet Farm was founded by Stewart Mills Sr. in Brainerd back in 1955. The company steadily grew into a chain of 35 retail stores in Minnesota, Iowa, Wisconsin and North Dakota. It gained retail success by appealing to both city and rural shoppers -- a niche that other stores did not offer.
Good Question: What's The Markup At Retailers?With Black Friday coming up, potential customers already starting to see some really good deals -- 30, 40, and even 50 percent off. So, do stores make money on these sales? What are the markups? Good Question.
Amazon's Shakopee Location Could Change Twin Cities Shopping LandscapeBy next year's State Fair, marketing experts say the state of retail and grocery shopping in the Twin Cities could be dramatically changed. Amazon.com's massive distribution center in Shakopee is now under construction. When it's finished, it's expected to provide same day delivery of 200 million consumer products.
Target Phasing Out Some Gender-Based SignsTarget announced Friday it would be phasing out some gender-based signs in its stores.
Good Question: Where Do We Typically Shop?Starting at midnight Wednesday, Amazon will be offering huge discounts on 1,000 items to its Prime members. The online retailer has deemed Wednesday, July 15, Prime Day. Wal-Mart, the nation’s largest retailer, is responding with deals on 2,000 of its items.
Minnesotan To Meet: Bob Emfield Of Tommy BahamaPalm trees, the smell of coconut oil and a nice loose fitting, comfy shirt. You must be talking about Tommy Bahama! While the company may have a tropical sounding name, its roots are deep here in the tundra of Minnesota!
Running Out Of Time: Limited-Time Deals Can Be LimitingTarget shoppers found out this weekend that when stores make deals to carry merchandise from high-end designers for a limited time, it can be, well, really limiting.
Target Canada Suppliers Hit By Retailer's Bankruptcy FilingThe end of Target's Canadian operations has had a financial impact on small and medium businesses in Minnesota that supplied the retailer. Target's Canadian division filed for bankruptcy protection last month and owes nearly $5 million to suppliers and service providers in Minnesota.