Key North boutique in northeast Minneapolis will close on Jan. 31.

It is the second store in the area this month to announce its closure. Bibelot gift shops owner Roxy Freese also announced she would retire and close her four Twin Cities locations, including one near Key North.

Located near the Red Stag Supperclub, Key North specializes in upscale women’s clothing, jewelry and accessories from local and international designers. The inventory is now discounted 30 percent.

The store’s curated selection separated it from the mall pack, but so did its commitment to finding designers that use fair trade, sustainable and in some cases, organic practices. Merchandise also includes Key West aloe skin-care products.

Owners and partners Katie Greene and Gwen Engelbert opened the store, now at 515 1st Av. NE., in 2006.

“The current retail climate conflicts with our mission of working directly with clients who value quality and original design,” Greene said in a statement.

Annual Thymes sale joins Horse Crazy Market

The popular annual fall sales from Thymes soaps and scents is later than usual this year due to a venue change.

The sale had outgrown its previous locations, so it is moving to the Minnesota State Fair Coliseum on the fairgrounds at the intersection of Clough Street and Judson Avenue. It will be from noon to 8 p.m. Friday and 10 a.m. to 6 p.m. next Saturday as part of the Horse Crazy Market, an equine gift market.

Patrons will be able to save 50 to 75 percent on soaps, body washes, lotions, candles, diffusers, bubble baths and gift sets, including Frasier Fir, Capri Blue and Aspen Bay.

The Horse Crazy Market will feature more than 100 vendors, artisans, makers and exhibitors. It will include a fashion show, craft projects and a stick horse competitions. Admission is $5 (children under 12 are free). Go to horsecrazymarket.com.

JOHN EWOLDT

Target CEO will become nonexecutive chair of Yum

Target CEO Brian Cornell will have a more active role in the restaurant industry after being named nonexecutive chairman of Yum Brands Inc.

Cornell has served since 2015 on the board of the company that operates KFC, Taco Bell and Pizza Hut. Current chairman Robert Walter, who also served in a nonexecutive role, is retiring.

Yum CEO Greg Creed said Cornell’s background from running Target “has brought a unique perspective and wealth of knowledge, consumer insights and best practices to Yum Brand.”

Both Target and fast-food stores are making their way through a sea change in their industries. “As customer preferences and purchase behaviors evolve, Target and Yum Brands are already elevating and transforming our respective customer experiences with digital, retail and global consumer insights,” Cornell said in a statement.

CATHERINE ROBERTS