Thomas Lee

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Thomas Lee

Reporter | Retail

Phone: 612-673-4113

Email: thomas.lee@startribune.com

Thomas Lee covers the retail industry including Target and Best Buy.

McDonald's to return to MSP by the end of summer

The popular fast-food chain will set up shop again after an absence of more than a year.

Updated: May 14, 2013, - 10:42 AM

Best Buy hires new CEO for its China business

Meng “Max” Zhou will oversee the Five Star electronics business.

Updated: May 09, 2013, - 09:39 PM

Target partners with Facebook to push its digital Cartwheel to shoppers

Target just friended Facebook, big time. In its boldest foray into digital retailing, Target is launching Wednesday a test version of...

Updated: May 08, 2013, - 10:42 AM

Regis will sacrifice profits to pursue sales, CEO says

The Edina hair salon company reported adjusted earnings of 1.2 cents a share, compared to the 14 cents Wall Street analysts had been expecting.

Updated: May 07, 2013, - 09:31 PM

Target gets all dolled up for New York's Grand Central Station

Target’s latest New York pop-up store is the replica of a house inside Grand Central Station to showcase its Threshold...

Updated: May 06, 2013, - 09:29 PM

For Target, Best Buy, long sought online tax bill seems close

The Marketplace Fairness Act would authorize states to require online retailers to collect sales tax. .Best Buy and Target have long argued that Internet giants like Amazon and eBay can unfairly offer lower prices because states do not require them to collect taxes.

Updated: May 06, 2013, - 03:56 PM

Target weighs options after deadly factory collapse, fire in Bangladesh

The Minneapolis-based retailer is among U.S. corporations reviewing its operations there after a deadly factory collapse.

Updated: May 04, 2013, - 06:48 AM

Best Buy's European exit means retailer will need to tap inner talent for innovation

Analysts say the company will now rely on its internal talent such as Sharon McCollam and Scott Durchslag in its next moves.

Updated: May 01, 2013, - 05:55 AM

Steele Fitness and Under Armour to open co-branded stores

The two companies hope that the concept, called Under Armour for Steele, will eventually spread across the country.

Updated: April 30, 2013, - 02:15 PM

Best Buy sells its stake in European joint venture

The Richfield-based consumer electronics retailer said it will sell its 50 percent stake in Best Buy Europe to Carphone Warehouse, its joint venture partner, for about $775 million in cash and stock so that it can concentrate on fixing its core business in the United States.

Updated: April 30, 2013, - 11:53 AM