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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.
The exit raises a concern about how well home stores fit at megamall.
As consumers finish up their holiday shopping in the coming weeks, they will find a markedly more diverse selection of dolls to choose from at big-box stores.
The analyst spent 21 years at Piper Jaffray.
The full-time, year-round positions are on top of 1,500 already at Shakopee facility.
Retailers and analysts say they have not seen consumers this enthusiastic about a toy since Tickle Me Elmo.
The Plymouth-based retailer said sales and profits are on an upswing; stock rises 22 percent.
Minnesotans spent $250 million online that day, up 17 percent from 2015.
Black Friday traffic, after Mall of America stayed closed on Thursday, broke records.
After closing on the holidays, lines formed to get the specials of the day.
While the final numbers on Thanksgiving Day traffic won't be in for days, some Twin Cities store managers said the crowds seemed larger.
The retailer hopes to make the sale both more profitable and without the online glitches of last year.
Best Buy CEO Hubert Joly delights in proving wrong the naysayers who thought Amazon would put Best Buy out of business. To the contrary, he says, there's room in the market for both to win.
The company's stock jumped sharply to its highest level in more than six years.
Executives are more optimistic for the year-end shopping boom after a strong back-to-school season.
Some skeptics wondered if the Mall of America would really stay closed on Thanksgiving after giving individual stores the option to stay open.Turns out, the…
The much-anticipated Spanish retailer should be big draw, along with selected designer brands.
The current interim leader hopes to expand flexible programs for students.
Although the Mall of America closing started a small movement to move Black Friday back to Friday, most big box retailers are still opening on the holiday.
Shekar Natarajan will fill a newly created senior vice president position.
Among those who will be cheering this week for the end of this highly contentious and emotionally draining election season are America's retailers, now itching for shoppers to get into the holiday spirit.
Preliminary results from the third quarter are a positive step, CEO says.
Dament was one of CEO Brian Cornell's first major hires.
More holiday advertising targeted at Hispanics is one example of the retailer's emphasis on attracting new customers.
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