Content about Minneapolis

February 15, 2013

February is Lactose Intolerance Awareness Month, and Yoplait is encouraging people to say "yes" to dairy by introducing its new Yoplait Lactose Free.

MINNEAPOLIS — February is Lactose Intolerance Awareness Month, and Yoplait is encouraging people to say "yes" to dairy by introducing its new Yoplait Lactose Free. This new product is 99% fat-free and packed with 50% of the daily value of calcium and vitamin D.

February 14, 2013

Target has a deal with pop music group Mindless Behavior to let fans write lyrics for the band, the mass merchandise retailer said.

MINNEAPOLIS — Target has a deal with pop music group Mindless Behavior to let fans write lyrics for the band, the mass merchandise retailer said Thursday.

The contest, called "Your Lyrics, Their Voices," gives fans the opportunity to write their own song lyrics for a verse of a special fan edition of the title track for the album "All Around the World."

February 11, 2013

Target is selling a special edition of Justin Timberlake's new studio album, the mass-merchandise retailer said.

MINNEAPOLIS — Target is selling a special edition of Justin Timberlake's new studio album, the mass-merchandise retailer said Monday.

Target said its edition of Timberlake's album, "The 20/20 Experience," would feature two bonus tracks, "Dress On" and "Body Count."

February 7, 2013

Target reported net sales of nearly $6 billion in January, the company said, a 29.6% increase over January 2012.

MINNEAPOLIS — Target Corp. reported net sales of nearly $6 billion in January, the company said Thursday.

The mass merchandise retailer reported sales of $5.97 billion, a 29.6% increase over the $4.6 billion reported in January 2012. Comps for the period, which ended Saturday, increased 3.1%.

February 4, 2013

Supervalu on Monday named Sam Duncan president and CEO.

MINNEAPOLIS — Supervalu on Monday named Sam Duncan president and CEO. In this role he succeeds Wayne Sales, who has served as the company’s president and CEO since July 2012. The succession was first reported last month, when Supervalu announced its agreement with AB Acquisition to sell five of its retail banners as well as enter into an agreement with Symphony Investors to conduct a tender offer for up to 30% of Supervalu's outstanding common stock. 

January 28, 2013

Target will dedicate about 10,000 sq. ft. at nine of its stores in the Detroit area to fresh groceries, the mass merchandise chain said Monday.

MINNEAPOLIS — Target will dedicate about 10,000 sq. ft. at nine of its stores in the Detroit area to fresh groceries, the mass merchandise chain said Monday.

The company said the remodeling effort was part of its ongoing effort to remodel stores across the country, and the new layout also would include reinventions in departments such as beauty, home, shoes and baby. Fresh foods will include produce, packaged meat and prepackaged baked goods, as well as frozen and dry food offerings.

January 24, 2013

Pampers, part of Procter & Gamble, is expanding its line of Swaddlers diapers, the company announced this week.

MINNEAPOLIS — Pampers, part of Procter & Gamble, is expanding its line of Swaddlers diapers, the company announced this week. Previously available only up to size 3, the company will now offer sizes 4 and 5 at Target stores nationwide. From Jan. 27 through Feb. 2, Target guests will receive a free $20 Target gift card with an in-store purchase of two Pampers Swaddlers, Cruisers or Baby Dry economy packs.

January 21, 2013

Zipnosis, which provides patient access to mainstream medicine via online diagnosis and the treatment of common health needs, has announced that its services are now available in 11 states across the country.

MINNEAPOLIS and ST. PAUL, Minn. — Zipnosis, which provides patient access to mainstream medicine via online diagnosis and the treatment of common health needs, has announced that its services are now available in 11 states across the country.

Patients who live in Alaska, Colorado, Connecticut, Kentucky, Maryland, Massachusetts, Minnesota, New York, Rhode Island, Washington and Wisconsin can now visit Zipnosis.com and receive a diagnosis and treatment from 8 a.m. to 8 p.m.

January 16, 2013

General Mills has introduced a new protein bar that it said was designed to satisfy cravings while being healthy.

MINNEAPOLIS — General Mills has introduced a new protein bar that it said was designed to satisfy cravings while being healthy.

The company announced the introduction of Fiber One Protein Bars, available in caramel nut and coconut almond flavors. The caramel nut bar contains seven grams of protein and 130 calories, while the coconut almond bar contains six grams of protein and 140 calories.

January 16, 2013

Yoplait is marketing Greek yogurt to a younger audience with a new product line, the company said.

MINNEAPOLIS — Yoplait is marketing Greek yogurt to a younger audience with a new product line, the company said.

The company announced the launch of Yoplait Pro-Force, a Greek yogurt with twice the protein of most kids yogurts, available in strawberry and mixed-berry flavors.

January 10, 2013

The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning.

MINNEAPOLIS — The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning. "What this means … is the company is smaller," Sales said. "And we exit with a much smaller balance sheet to ensure liquidity going forward," he said. This sale will not be followed by any further divestitures, Sales said. "We're not shopping any other assets."

January 10, 2013

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

MINNEAPOLIS — In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

January 9, 2013

More than 274 billion Free Standing Insert coupons were distributed in 2012, marking a 0.8% increase in activity versus 2011, as retailer promotion pages also rose by 5.2% during the year with Walmart snagging the top spot followed by Walgreens, according to Kantar Media.

MINNEAPOLIS, Minn. — More than 274 billion Free Standing Insert coupons were distributed in 2012, marking a 0.8% increase in activity versus 2011, as retailer promotion pages also rose by 5.2% during the year with Walmart snagging the top spot followed by Walgreens, according to Kantar Media.

January 8, 2013

Target Corp. has launched a campaign to price match online retailers, the mass-merchandise retailer said.

MINNEAPOLIS — Target Corp. has launched a campaign to price match online retailers, the mass-merchandise retailer said Tuesday.

The Minneapolis-based retailer said it planned to price match online retailers like Amazon.com, Walmart.com, BestBuy.com and Toysrus.com year-round; Target stores would also price match items on the company's own website.

December 27, 2012

Supervalu last week settled its suit enforcing a non-compete clause against former president Leon Bergmann, the Minneapolis/St. Paul Business Journal reported last week.

MINNEAPOLIS, Minn. — Supervalu last week settled its suit enforcing a non-compete clause against former president Leon Bergmann, the Minneapolis/St. Paul Business Journal reported last week.

According to the report, Bergmann had resigned as president of Supervalu's independent business organization in favor of a position with Unified Grocers. Supervalu sued to enforce its confidentiality agreements.

Details of the settlement were not disclosed. 

December 13, 2012

Target announced plans to open a new store in Baltimore by October 2013. The retail giant has said approximately 200 new team members will be hired for the new location, part of the Canton Crossing Shopping Center on Boston Street.

MINNEAPOLIS — Target announced plans to open a new store in Baltimore by October 2013. The retail giant has said approximately 200 new team members will be hired for the new location, part of the Canton Crossing Shopping Center on Boston Street.

December 10, 2012

Caribou Coffee, originally founded by Kim and John Puckett, is celebrating its 20th anniversary on Dec. 14.

MINNEAPOLIS — Caribou Coffee, originally founded by Kim and John Puckett, is celebrating its 20th anniversary on Dec. 14. To commemorate 20 years of roasting exceptional coffee, Caribou released their Anniversary Blend coffee on Nov. 25 featuring the original Caribou Blend recipe, as well as thanking their loyal fans with a 20-day anniversary celebration.

December 3, 2012

Supervalu on Friday confirmed that a previously announced review of strategic alternatives is proceeding, sparking a slight run on the company's stock.

MINNEAPOLIS — Supervalu on Friday confirmed that a previously announced review of strategic alternatives is proceeding, sparking a slight run on the company's stock. As of early Monday afternoon, Supervalu was trading at $2.53 per share, up 6.3%. 

"The company continues to be in active discussion with several parties," Supervalu stated. 

The Wall Street Journal on Sunday reported that Cerberus Capital Management and Supervalu had been negotiating a potential acquisition deal through the weekend.

November 30, 2012

Former Unilever Group executive has been appointed EVP and CFO of Regis, a provider of beauty salons, hair restoration centers and cosmetology education.

MINNEAPOLIS — Former Unilever Group executive has been appointed EVP and CFO of Regis, a provider of beauty salons, hair restoration centers and cosmetology education.

November 30, 2012

MINNEAPOLIS — Nash Finch, a Minneapolis-based food distributor, has announced that Kevin Elliott has been appointed EVP, president and COO of Nash Finch Wholesale/Retail.

Elliott previously served as SVP of merchandising, logistics and marketing at 7-Eleven. Elliott worked at 7-Eleven from 2001 to 2010, where he was responsible for overseeing the corporate store and franchise operations as well as 7-Eleven’s national distribution network comprised of 26 distribution centers.

November 30, 2012

Supervalu confirmed on Thursday that the previously announced review of strategic alternatives is proceeding, and it continues to be in active discussion with several parties.

MINNEAPOLIS  — Supervalu confirmed on Thursday that the previously announced review of strategic alternatives is proceeding, and it continues to be in active discussion with several parties.

The retailer stated that there can be no assurance that this process will result in any transaction or any change in the company’s overall structure or its business model.

November 29, 2012

Novelty gift company 30 Watt introduced its latest prank gift for the outlet-challenged. Billed as a “solution” for hard-to-reach electrical devices, Connect-A-Cord is actually 50 1-ft. sections of extension cord.


MINNEAPOLIS — Novelty gift company 30 Watt introduced its latest prank gift for the outlet-challenged. Billed as a “solution” for hard-to-reach electrical devices, Connect-A-Cord is actually 50 1-ft. sections of extension cord.


The gag gift’s packaging boasts that it “comes with an optional contractor case for tangle-free storage,” but when the recipient opens up the Prank Pack, they will discover the bright yellow flaps inside reading “Prank You!” 


November 26, 2012

Target will unveil an exclusive collection of shoes made by Sam and Libby starting in May 2013, the mass merchandise retailer said Monday.

MINNEAPOLIS — Target will unveil an exclusive collection of shoes made by Sam and Libby starting in May 2013, the mass merchandise retailer said Monday.

Target said the partnership with the shoe brand would be ongoing and feature 20 styles of women's footwear with an expanded assortment of colors starting at $24.99.

November 15, 2012

A 2.9% third-quarter same-store sales increase and the sale of its credit card business pushed Target’s third-quarter profit up 17.6% to 96 cents a share.

MINNEAPOLIS — A 2.9% third-quarter same-store sales increase and the sale of its credit card business pushed Target’s third-quarter profit up 17.6% to 96 cents a share.

Total sales increased 3.4% to $16.6 billion in the third quarter due to the 2.9% comp increase and the benefit of a net increase of 18 stores compared to the prior year. Target ended the period with 1,781 stores and was up against a challenging prior year comparison when comps advanced 4.3%.

October 18, 2012

While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain.

MINNEAPOLIS — While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain, the Minnesota-based supermarket chain announced Thursday morning. "We continue to have a market-leading price position amongst conventional food retailers in three markets," Wayne Sales, Supervalu president, CEO and chairman told analysts during the second-quarter conference call.