Target’s Quarterly Sales Up 6.5 PercentTarget's new strategy to bring in customers hit the bullseye.
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.
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.
Stores Swamped With Post-Christmas ShoppersFriday is the second-busiest shopping day of the year. Jenna Roering's birthday isn't until Dec. 30, but she's picking out her birthday gift with her mom early at Rosedale Center in Roseville. "My mom said there's a lot of sales the day after Christmas, so we came here today," Roering said.
Super Saturday Expected To Top Black Friday SalesSales this Saturday could beat Black Friday sales for the first time in a decade. The day is known as Super Saturday. It's the last Saturday to shop before Christmas.
Good Question: Is Free Shipping Really Free?With $61 billion of our online dollars up for grabs this holiday, many more retailers are offering free shipping this season.
Survey: Minnesotans To Spend More Than $800 Per Household This HolidayA widely regarded survey of Twin Cities consumers says we'll be spending more this holiday season. The University of St. Thomas survey says holiday shoppers will spend on average about $868 per household.