Michael Francis, Target's former Chief Marketing Officer, is leaving J.C. Penney after only eight and a half months as president of the struggling Texas-based department chain. J.C. Penney lured Francis away from the Minneapolis-based discount chain last year. He was responsible for Penney's marketing and merchandising operations.
Man dies after being shot during argument in Minneapolis
It's the 70th homicide in Minneapolis this year.
Minneapolis police, city employees clear out Near North encampment
This comes as colder weather moves through the state.
New T.J. Maxx to open in the Twin Cities this month
Opening day will kick off with extended hours.
Sports bar reduces hours, owners cite "pandemic of work ethic"
The owners shared the news on Facebook this week.
Former Hennepin County commissioner arrested for DWI
The 61-year-old was being held in Hennepin County Jail as of Thursday morning.
Electric carshare network showing growth in Twin Cities
Over 25,000 trips have been logged in a six-month span.
Low river levels bring cancellations for St. Paul-New Orleans Viking cruises
The low water also impacted some barge traffic making its way down the river.
Feds: Militia sympathizer had machine gun, grenade launcher in 'hidden room'
A confidential informant tipped off investigators.
Drought tightens grip as Twin Cities reaches 'extreme' level
By this time last year, drought was fading fast in Minnesota.
Minnesota's COVID-19 update for the week ending Tuesday, Oct. 4
The 7-day average number of cases has been dropping.
New retail home for former Target executive Michael Francis
Michael Francis will be Gap's first marketing creative adviser, Advertising Age reports. He will officially join the San Francisco-based retail chain next week. In June, he abruptly left J.C. Penney after only eight and a half months as president. Before joining the struggling Texas-based department chain, he was the chief marketing officer for Minneapolis-based Target.
Is Caribou teaming up with J.C. Penney?
An official partnership hasn't been announced, but a secret store concept store may indicate there's a future deal between Brooklyn Center-based Caribou Coffee and J.C. Penny. The Dallas Business Journal reports several hundred analysts and investors got a glimpse at how J.C. Penny CEO Ron Johnson wants to transform the Dallas-based retail chain. The prototype included a coffee shop featuring Caribou Coffee.
Target executives net millions as stock soars
Shares for the Minneapolis-based discount retailer have surged 130 percent since late 2009 -- up 20 percent since the beginning of 2012. The Star Tribune writes Target's P-Fresh grocery format, Red Card program and exclusive merchandising partnerships have led to higher traffic and bigger purchases per visit. Four top executives, including CEO Gregg Steinhafel, have reaped millions of dollars by selling some shares.
Target exec overseeing expansion in Canada steps down
Marketing chief Michael Francis is leaving Target and will become president of J.C. Penney. Francis has been overseeing Target's plans to expand in Canada, where the company hopes to start opening stores in 2013.
Target boosts dividend by 20 percent
The Minneapolis-based discount chain says it has increased its quarterly dividend to 36 cents. The dividend will be paid on September 10 to shareholders of record as of August 15. Target has reportedly paid a dividend every quarter since going public in 1967.
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