Content about Minneapolis

November 23, 2011

The Food and Drug Administration has approved a professional glucose monitoring system made by Medtronic, the company said.

MINNEAPOLIS — The Food and Drug Administration has approved a professional glucose monitoring system made by Medtronic, the company said.

November 23, 2011

Target merchandising executive Casey Carl was given added responsibilities for the retailer’s online businesses, following a series of snafus related to an August relaunch that resulted in the departure of former online president Steve Eastman.

MINNEAPOLIS — Target merchandising executive Casey Carl was given added responsibilities for the retailer’s online businesses, following a series of snafus related to an August relaunch that resulted in the departure of former online president Steve Eastman.

Carl will serve as president of multichannel with responsibility for Target’s digital platforms including mobile, social and Target.com, while retaining his prior responsibilities as SVP merchandising for entertainment, toys, sporting goods and electronics.

November 16, 2011

Profits at Target grew 10.2% to 82 cents in the third quarter, compared with 74 cents the prior year, thanks to healthy sales growth and ongoing improvement in the company’s credit card business.

MINNEAPOLIS — Profits at Target grew 10.2% to 82 cents in the third quarter, compared with 74 cents the prior year, thanks to healthy sales growth and ongoing improvement in the company’s credit card business.

November 15, 2011

Target is bringing its smaller-format store to the Los Angeles metropolitan area.

MINNEAPOLIS — Target is bringing its smaller-format store to the Los Angeles metropolitan area.

The 98,000-sq.-ft. CityTarget, which will be located in Westwood, Calif., will open in July 2012. It is the second store of its kind confirmed in the area, with the first being open in October 2012 in downtown Los Angeles.

Target currently has 58 other stores in Los Angeles.

November 1, 2011

The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012, has investors speculating about the reasons for his departure following the recent exit of other key executives.

MINNEAPOLIS — The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012, has investors speculating about the reasons for his departure following the recent exit of other key executives.

Analysts at Bernstein Research pointed to the fact that no successor has been named, suggesting that the retirement was not a long-planned event. However, the firm said it believed that despite the unexpected news, this appeared to be a true retirement and doesn't anticipate seeing Scovanner in a CFO role at another major company.

October 27, 2011

Target has partnered with U.K. beauty expert Maria Hatzistefanis and now is carrying her Nip + Fab beauty brand in Target stores and online at Target.com.

MINNEAPOLIS — Target has partnered with U.K. beauty expert Maria Hatzistefanis and now is carrying her Nip + Fab beauty brand in Target stores and online at Target.com.

Launched in 2010 and previously available only across the pond, Nip + Fab is now available in the United States through its partnership with Target.

Beauty mavens can select from 14 different Nip + Fab skin solutions and body blends, including Nip + Fab Tummy Fix, Nip + Fab Pigmentation Fix and Nip + Fab Dark Circle Fix.

Hatzistefanis also has created the Rodial beauty brand.

October 21, 2011

General Mills on Thursday announced a voluntary recall of a single day’s production of its chocolate-flavored Fiber One 90-calorie chewy bars because of a labeling issue.

MINNEAPOLIS — General Mills on Thursday announced a voluntary recall of a single day’s production of its chocolate-flavored Fiber One 90-calorie chewy bars because of a labeling issue.

This voluntary recall includes only 5-count boxes of chocolate-flavored Fiber One 90-Calorie chewy bars with the following “better if used by” date printed on the top of the box: "19MAY2012BV."

October 19, 2011

Hyper-local initiatives and the rollout of sales tools at Supervalu, along with inflation, are helping to drive better-than-expected comparable sales for the company's second-quarter results, Supervalu reported Wednesday morning.

MINNEAPOLIS — Hyper-local initiatives and the rollout of sales tools at Supervalu, along with inflation, are helping to drive better-than-expected comparable sales for the company's second-quarter results, Supervalu reported Wednesday morning.

October 14, 2011

Target announced that Steve Eastman, president of Target.com, left the retailer to pursue other opportunities. Eastman’s departure follows a late August relaunch of Target.com.

MINNEAPOLIS  — Target announced that Steve Eastman, president of Target.com, left the retailer to pursue other opportunities. Eastman’s departure follows a late August relaunch of Target.com.

The relaunch process did not go smoothly as Target brought its online operations in-house after a lengthy relationship with Amazon.com. Target’s goal was to reinvent the online environment and create a user-friendly and reliable experience, but that proved not to be the case initially as critics panned the site design and there were difficulties with functionality.

October 6, 2011

Pillsbury has introduced two frozen breakfast dishes.

MINNEAPOLIS — Pillsbury has introduced two frozen breakfast dishes.

Pillsbury egg scrambles and Grands! biscuit sandwiches are made with real eggs, meat, melted cheese, Grands! biscuits and Green Giant vegetables. Pillsbury said that each product comes in three flavors, including: sausage and cheese biscuit sandwiches; bacon and cheese biscuit sandwiches; ham and veggies biscuit sandwiches; bacon and veggies egg scrambles; sausage and veggies egg scrambles; and sausage and egg scrambles.

October 4, 2011

Airborne on Monday launched Airborne Chewable tablets, available in berry and citrus flavors, as an option for consumers "on-the-go."

MINNEAPOLIS — Airborne on Monday launched Airborne Chewable tablets, available in berry and citrus flavors, as an option for consumers "on-the-go."

One Airborne Chewable tablet provides as much vitamin C as in a three 8-oz. glasses of orange juice, the company said.

Airborne Chewables are sold in 32-count bottles at drug, grocery, club and mass merchants nationwide. The suggested retail price is $6.99. Airborne chewable tablets are free of caffeine, wheat, gluten and lactose, the company noted.

October 3, 2011

Michael Francis, Target's EVP and chief marketing officer, and the person charged with leading the retailer's expansion into Canada, has left the company, Target announced Monday.

MINNEAPOLIS — Michael Francis, Target's EVP and chief marketing officer, and the person charged with leading the retailer's expansion into Canada, has left the company, Target announced Monday.

“We would like to thank Michael for his many contributions and wish him the best in his future endeavors” said Target chairman, president and CEO Gregg Steinhafel said.

September 27, 2011

Target is encouraging consumers having a tough time selecting a Halloween costume this year to let their friends decide.

MINNEAPOLIS — Target is encouraging consumers having a tough time selecting a Halloween costume this year to let their friends decide.

The retailer has launched a Facebook application through which Facebook fans can create a poll via "Ask Your Friends: Halloween Edition." The app allows users to select up to four costumes to be voted on. Selections can be made for men, women, kids, infant and toddler, as well as pets.

September 6, 2011

Target announced its commitment to assist with Hurricane Irene relief efforts through a donation totaling $250,000 in cash and products.

MINNEAPOLIS — Target announced its commitment to assist with Hurricane Irene relief efforts through a donation totaling $250,000 in cash and products.

The retailer said that the donations will be distributed among such relief agencies as the American Red Cross and the Salvation Army. What's more, Target also is giving gift cards and 10,000 relief kits — which include bottled water, soap, deodorant, toothpaste and nonperishable food items — to several local, regional and national nonprofits.

September 1, 2011

Novo Nordisk has expressed its support of new diabetes education programs created by four Minneapolis-based community organizations.

MINNEAPOLIS — Novo Nordisk has expressed its support of new diabetes education programs created by four Minneapolis-based community organizations.

August 31, 2011

Target is ushering in fall with Sonia Kashuk’s latest collection at Target, including shades and makeup brushes in a chic new print.

MINNEAPOLIS — Target is ushering in fall with Sonia Kashuk’s latest collection at Target, including shades and makeup brushes in a chic new print.

The Sonia Kashuk 2011 fall collection includes:

  • Brush Couture Five-Piece Brush Set ($14.99): The five-piece brush set comes in a chic black-and-white tribal print and includes a powder/blusher brush, crease brush, synthetic concealer/foundation brush, small eye shadow brush and smudge brush.

August 31, 2011

Target has announced new beauty exclusives that are hitting shelves for fall 2011.

MINNEAPOLIS — Target has announced new beauty exclusives that are hitting shelves for fall 2011.

Hair accessories brand Goody is bringing exclusively to Target in October its fall Regency collection, which features 32 pieces, including headbands, hairpins, clips and elastics. Prices range from $2.19 to $8.99.

Highlights of new offerings include:

  • Ruched Flower Salon Clips ($5.99)

  • Infinity Beaded Head Wrap ($6.99)

  • Metal Flower Salon Clip ($6.99)

August 18, 2011

Yoplait Light has introduced a new campaign that aims to offer women a simple way to watch their calorie intake.

MINNEAPOLIS — Yoplait Light has introduced a new campaign that aims to offer women a simple way to watch their calorie intake.

August 17, 2011

Customers can save on back-to-school shopping by trading in used electronics and video games for store credit, Target said.

MINNEAPOLIS — Customers can save on back-to-school shopping by trading in used electronics and video games for store credit, Target said.

The mass merchandiser said it expanded its Electronics Trade-In service to 1,490 stores with Target Mobile centers, and also added new product categories. The chain offers the program under a partnership with consumer electronics upgrade and trade-in company NextWorth, giving customers credit in return. The service is accepting calculators, DVDs, video games, Nintendo DS units, cell phones, iPods and iPads.

August 15, 2011

Target is adding fresh, handmade food to its small-format store in Chicago, the mass merchandiser said.

MINNEAPOLIS — Target is adding fresh, handmade food to its small-format store in Chicago, the mass merchandiser said.

Target announced that Pret A Manger would open a location inside the State Street CityTarget when the store opens next July. The London-based café chain sells sandwiches, soups, salads, coffee and other items, and operates stores in several U.S. and U.K. cities and Hong Kong.

August 11, 2011

Target announced that 1,650 of its pharmacy locations, in addition to its clinics, are offering flu shots with no appointment necessary, effective Aug. 15.

MINNEAPOLIS — Target announced that 1,650 of its pharmacy locations, in addition to its clinics, are offering flu shots with no appointment necessary, effective Aug. 15.

Target pharmacists and clinicians at Target Clinic will administer flu shots during regular pharmacy and clinic hours — including evenings and weekends — for $25. This year's vaccine protects against seasonal flu, H1N1 and H3N2, another virus subtype that causes the flu, the company said.

August 4, 2011

July same-store sales at Target rose 4.1% on top of a prior-year gain of 2%, with increased transaction size serving as the primary driver of an increase toward the upward end of the company’s guidance.

MINNEAPOLIS — July same-store sales at Target rose 4.1% on top of a prior-year gain of 2%, with increased transaction size serving as the primary driver of an increase toward the upward end of the company’s guidance.

July 27, 2011

Generic drug maker Perrigo has closed its purchase of Paddock Labs, the company said Tuesday.

ALLEGAN, Mich. — Generic drug maker Perrigo has closed its purchase of Paddock Labs, the company said Tuesday.

Perrigo acquired privately owned Paddock, a manufacturer of generic prescription and over-the-counter drugs based in Minneapolis, for $540 million.

“We are very pleased to welcome the Paddock team to the Perrigo family,” Perrigo chairman and CEO Joseph Papa said. “This acquisition is another important step forward in executing Perrigo’s strategy to expand our specialty portfolio of generic Rx products.”

July 26, 2011

In an effort to increase the stickiness of Supervalu shoppers, Supervalu president and CEO Craig Herkert on Tuesday spoke of the company’s “hyper-local retailing” concept during a conference call with analysts.

MINNEAPOLIS — In an effort to increase the stickiness of Supervalu shoppers, Supervalu president and CEO Craig Herkert on Tuesday spoke of the company’s “hyper-local retailing” concept during a conference call with analysts.

Supervalu’s commitment to growing its Save-A-Lot discount banner and its participation in First Lady Michelle Obama’s Partnership for a Healthier America campaign were other significant programs Herkert believes will help differentiate the grocer enough to drive trips and increase consumer loyalty.

July 26, 2011

Supervalu on Tuesday reported first-quarter fiscal 2012 net sales of $11.1 billion (down 3.7% versus last year) and net earnings of $74 million (up 10.4%), or 35 cents per diluted share. Posted net earnings beat the analyst consensus of 33 cents per diluted share.

MINNEAPOLIS — Supervalu on Tuesday reported first-quarter fiscal 2012 net sales of $11.1 billion (down 3.7% versus last year) and net earnings of $74 million (up 10.4%), or 35 cents per diluted share. Posted net earnings beat the analyst consensus of 33 cents per diluted share.