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It becomes the latest in the Twin Cities to shut down, but Gordmans will reopen.
The fast-growing mattress company confirmed this week that Target was the lead investor in a $170 million round of funding.
The $13.7 billion deal is a direct challenge to Minnesota's biggest food retailers.
No reason was given; it's the latest change in a reshuffling of the company's management.
The store is slated to close on Aug. 13.
Employees are eligible for severance packages.
To boost sales, the retailer is trying to make it easier for customers to navigate.
Best Buy CEO Hubert Joly said Best Buy will roll out nationwide later this year an in-home advisors program it has been testing in a handful of markets for about a year.
The settlement is the largest of its kind to date.
Proposed rule could drive price increases for retailers.
The shift to online shopping once again took a toll on Minnesota's largest retailers last year.
The Eden Prairie-based upscale retailer is confident it will buck the trend of declining mall stores.
Sales and adjusted profit fell for the Minneapolis retail giant, but not as much as expected. And there are glimmers of strength for the rest of the year.
Casper brand products will be sold on the retailer's website beginning next month.
Como Zoo officials are crossing their fingers because Alice, a Western lowland gorilla, is pregnant again.
For 16 years, Arthur Valdez helped Amazon set the bar in retail for getting packages to customers at warp speed. Now he's doing the same at Target Corp.
Possibly as soon as next month, Target Corp. will start testing Target Restock, a program to deliver everyday household staples that is similar to Amazon's Pantry program for Prime members.
Vivint monitoring products will be in 400 stores by end of summer.
Compensation packages were adjusted for many executives as retailer tries to find footing.
Company's latest promotion uses carts and musics to create a store shopping experience that can't be replicated online.
An offer to buy Target's Food + Future lab surfaced at the last minute as the Minneapolis-based retailer was preparing to wind it down. But Target apparently couldn't come to terms with the buyer.
The store will be on the lower level of the Edina shopping center.
The chain reported another quarterly drop in profits on Wednesday amid a fight with an activist investor.
The latest announcement adds to an already rough start to the year for mall retailers.
Casey Carl, a Target Corp. lifer and currently its chief innovation and strategy officer, is leaving the company amid a narrowing of innovation efforts to those that yield faster results tied to its core business.
As company prepared to shut down initiative, offer possibly surfaced.
Selling Harry's and Bevel products helps the retailer with online competition.
Report says Richfield-based retailer could benefit the most after the firm closes for good.
This time, it is Family Dollar and Payless ShoeSource that will cut back on locations in the state.
The retailer has sent about 500 of its Redcard-carrying customers invitations for them and a friend to attend prelaunch events on Saturday night at five stores around the country, including the Nicollet Mall store.
While Target is focusing on its stores as "shoppable distribution centers" where people can come in and browse core products, Wal-Mart is placing higher bets on e-commerce as it looks to take on Amazon.com directly.
The trendy furniture store would be the brand's second in the Twin Cities after Edina.
Stores include more convenient food and online pickup areas.
The Minneapolis-based retailer has struggled with its grocery business.
The stores are in small towns and cities around the state, with none in the Twin Cities metro area.
It's one of a growing number of services in the on-demand sharing economy.
Following disappointing holiday sales, the stores will have new merchandising and marketing plans.
Company helps real estate agents use virtual reality technology to show off their listings.
Downtown Minneapolis' last remaining department store, Macy's, has been reduced to just two floors in an everything-must-go sale that is expected to end in about a week. But many Minnesotans choose to remember when the sign on the building said Dayton's.
Food delivery service says outlying office buildings hold the key to its growth.
It results in the exit of two leaders, as retailer pursues its new strategic plan.
Best Buy Co. is changing some prime real estate inside select stores to feature high-powered gaming laptops and desktops.The Richfield-based retailer is swapping out its…
With the retailer back on its feet, a focus on survival is giving way to growth.
The changing retail landscape is feeling the squeeze from the off-price sector's success as well as the Internet.
The company's stock was down 9 percent in premarket trading though as the company forecast lower sales for the coming quarter as well as lower earnings per share than analysts were expecting.
For the upcoming year, Target said it expects a low single-digit decline in comparable sales. Its shares plunged 13 percent.
Minneapolis-based retailer revises growth plans and lowers forecast downward for this year after missing expectations in fourth quarter.
Food accounts for about one-fifth of Target's overall sales but is also one of the major factors in Target's nine-month slide in traffic and comparable sales.
President Trump called the meeting 'a great listening session,' and said a tax proposal would be coming soon.
Finally, some good news for Nicollet Mall. Target Corp. CEO Brian Cornell told Twin Cities business and civic leaders Thursday the company will invest…
The retailer's latest effort is one of a growing number of programs in the Twin Cities helping early-stage companies.
Among them are three in Minnesota: Two at MOA and a third at the Albertville outlets.
More programs are choosing Minnesota for boot camps or to expose members to real-life pitches.
The Minneapolis-based retailer has killed Goldfish, a secretive e-commerce start-up it greenlighted a year ago, and has shelved a prototype for a robot-infused store of the future that was slated to be built soon in Silicon Valley, according to multiple sources.
Voxel Virtual Reality Parlour in St. Paul is part of the first crop of such businesses to bring new technology to the masses
The chains are closing stores nationwide, some of the latest mall retailers to lose ground in the highly competitive market.
Target Corp. is stepping up its efforts to remove potentially harmful chemicals from products and to push suppliers to disclose ingredients with a sweeping new…
Innovative, independent retail sites hope to be the right fit for a surging neighborhood
Anne Dament will be senior vice president at crosstown company.
Rick Gomez has pushed some of the retailer's flashier initiatives.
Retailer will be a Major League Soccer partner as well as a major sponsor of Minnesota United.
The 64,000-foot theater area will include oversized reclining chairs, gourmet food options and an assortment of wines and handcrafted cocktails.
The Minneapolis-based retailer lowered its sales and profit guidance for the fourth quarter.
LuAnn Via will receive a $850,000 severance, an amount equal to her annual base salary, and be paid for accrued vacation and other incentives.
Manuel Roman pored over Spanish-English dictionaries in his spare time, seeking out the obscure words to make sure he had a command of both languages…
Results illustrate shift in consumer spending habits.
Retailer evaluating how to fill the spaces.
Company raises $3.7 million after participating in a retail accelerator program Target ran.
The news comes the same week that Macy's said it would close its Nicollet Mall store.
The move comes after Macy's and the Limited announced their own retail closings this week.
While the downtown Minneapolis landmark survived the rise of suburban shopping malls and big-box stores, it couldn't withstand the threats of online shopping, fast-fashion stores and discount, offprice chains.
A new entertainment venue will open there next year, but the mall isn't saying what it is yet.
As the top of an hour approached, about 15 drivers began filing into Amazon's Prime Now hub in Minneapolis. The first eight lined up, then…
Travel and entertainment rose to the No. 2 spot, up from No. 6 last year, on an annual holiday spending survey of Twin Cities consumers. It was surpassed only by the perennial list topper: gift cards.
Mpls.-based SPS is on high alert to get retailers through busiest season.
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