Kavita Kumar –

In a New York Fed survey of households, 58.2% of consumers reported it was harder to obtain credit in March than a year ago, the highest percentage since the survey started a decade ago.

A credit crunch could be coming. Here’s what that could mean for getting a loan

April 19, 2023 at 1:39 p.m.

A credit crunch might be on its way. Signs of banks tightening credit have already popped up in recent months as the Federal Reserve has hiked interest rates to the...

Aimee Hutchinson, gerente de vinos y escritora de contenido de Top Ten Liquors, en la ubicación de Roseville, el lunes 24 de mayo de 2021. La cadena con sede en Twin Cities acaba de aumentar su salario mínimo a $15. Es uno de varios empleadores que han aumentado los salarios para atraer y retener a los trabajadores.

Más empleadores aumentan el salario inicial, ansiosos por volver a trabajar

June 3, 2021 at 11:06 a.m.

Para Jon Halper, propietario de las tiendas Top Ten Liquors en Twin Cities, había muchas buenas razones para aumentar los salarios iniciales de 12 a 15 dólares la hora. Las...

Best Buy is relegating CDs to bargain bins as sales dwindle.

Best Buy relegating CDs to bargain bins as sales dwindle

December 12, 2018 at 9:57 p.m.

The beleaguered compact disc, made increasingly obsolete in the age of streaming, now has found itself in the bargain bin. Richfield, Minn.-based Best Buy, once one of the bigger music...

Target launching design-focused home brand to bring better functionality to everyday items

May 30, 2019 at 10:29 p.m.

Target, which helped pioneer the idea of democratizing design with its Michael Graves partnership in the 2000s, is returning to that concept with a new home brand with a functional,...

Target sales could see big gains from the demise of Toys 'R' Us.

Target could gain $600 million in sales from Toys R Us demise

December 14, 2018 at 5:11 p.m.

Target could rake in more than $600 million in additional sales — which would translate into a nearly 1 percent lift in its comparable sales this year — as a...

Target teams up with HGTV’s ‘Fixer Upper’ hosts Chip and Joanna Gaines

June 2, 2018 at 11:30 a.m.

HGTV stars Chip and Joanna Gaines are teaming with Target to roll out a new home and lifestyle brand.The partnership was announced Tuesday afternoon to more than 12,000 Target employees...

Rick Gomez, Target's chief marketing officer, poses for a portrait Thursday with a display of clothing from Goodfellow, one of the company's new brands.

Target refreshes brands to stay chic and relevant, phasing out Merona and Mossimo

June 2, 2018 at 9:46 p.m.

When clothing brands such as Merona and Mossimo helped propel Target Corp. to new heights in the 1990s and early 2000s, an H&M was not in every mall. Online subscription...

Mall of America is stepping up its digital game with virtual reality, robots

March 29, 2019 at 6:16 p.m.

It is hard to convey the spectacle that is Mall of America in a PowerPoint presentation. Yet until recently, that is what its tourism staff had to do when speaking...

Target removes kids’ shopping carts after kids went wild with them

June 12, 2018 at 12:08 p.m.

An expanded pilot program that brought kids' shopping carts to dozens of Target stores didn't last very long. The Minneapolis-based retailer pulled the plug on the test earlier this week,...

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