The company is a victim of a weak economy, relentless price competition from big box retailers and the weather, which devastated sales this past spring, President Dave Linder said. The customer base is also shrinking as baby boomers retire to apartments and give up gardening, he added.
The layoffs come in areas where Target said it saw duplication or overlap of responsibilities or a need for fewer employees in the future, the company said Wednesday. About 75 percent of the cuts have been made already. Target would not discuss the types of jobs involved or what they pay.
Many people don't realize the range of assets tax law considers part of an estate, and it could bite middle class Minnesotans who don't feel like millionaires - but in the eyes of the law, could be.
Medtronic was appealing a judgment that a subsidiary violated a patent of Edwards Lifesciences Corp. The patent applied to devices that repair aortic valves without open-heart surgery. Bloomberg News reports the U.S. market for the devices could reach $2.5 billion.
A single insurance claim could raise a Minnesota homeowner's annual premium by about one-fifth, or $200 on an average policy, according to a new study.
Deals for more than 124,000 acres in recent years violate the spirit of Colombian policies intended to encourage family farming, Oxfam said in a recent report.
Workers are demanding that their minimum monthly wage be raised to about $100, from the current $38. Target is monitoring the situation closely and has seen "minimal impact" on its supply chain so far.
General Mills reported better-than-expected sales for its fiscal first quarter while net income fell.
The cable company agreed to provide the low-cost Internet service as part of a deal to get regulators to approve its acquisition of NBC.
David MacLennan, the company's current president and chief operating officer, will take the top job at Cargill in December.
Target is sponsoring a nationwide contest to find new ideas help people live healthier lives -- and improve the healthcare system.
A family member says Kowalski suffered a fatal head injury while on a fishing trip in Ontario.
Rochester Medical, a company that makes catheters and other products for home treatment of male urinary incontinence, has been purchased by New Jersey company C.R. Bard.
A record number of people attended the Minnesota State Fair Sunday. And more Minnesotans visited the fair on Monday than any other Labor Day. Cool weather the last two days of the fair improved the fortunes of hundreds of fair vendors.
The elderly are prime targets for financial scams. The nation's older citizens are duped out of billions of dollars a year. But law enforcement agencies, advocacy groups and bankers in Minnesota are trying to educate seniors about how to detect and avoid scams that can cost them much or all of their savings.