Pete Van Helden is leaving the Eden Prairie-based company after 34 years. Kevin Holt, a former former executive at Meijer and Sears, will take his place later this month.
FBI, police investigating bank robbery at Edina's 50th and France
An ATM technician was robbed by four men at a U.S. Bank.
Paralyzed Bloomington football player begins rehabilitation in Colorado
Ethan Glynn is at a world-renowned rehabilitation hospital.
Man killed, woman seriously injured in Hastings boating collision
The incident remains under investigation.
Owner of St. Cloud bar gets 6 years for arson, ordered to repay $3M
A February 2020 fire at the Press Bar and Parlor was later determined to be an insurance job.
Bloomington, Richfield districts tighten security ahead of weekend football
Enhanced safety measures will be in place this weekend.
Walz sends MN first responders to help with hurricane recovery in Florida
Eight members of the Minnesota All Hazards Incident Management Team will travel to Florida.
Eyota, Minnesota, losing its last bricks-and-mortar bank location
Bremer Bank is exiting the small city in December.
It was the driest September in Twin Cities modern history
Less than a quarter inch of rain fell in September.
Treadmill helps Minneapolis shelter dogs burn off steam
Puttin' the "go" in doggo.
Mercado Central board asks Jensen to remove its image from campaign ad
Mercado Central does not endorse candidates.
Sauk Rapids man pleads guilty to making, selling ghost guns
The 21-year-old would sell unserialized guns, silencers, auto-sears, and high-capacity magazines.
Squirrel blamed for Friday power outage impacting over 5,000 homes
There's no telling when or where the squirrels will strike next.
Supervalu fires CEO, names replacement
Supervalu has pushed out CEO Craig Herkert from the struggling Eden Prairie-based supermarket chain, the Associated Press reports. Chairman Wayne Sales will take on the roles of president and chief executive officer as Supervalu explores a possible sale of its operations following disappointing quarterly results.
Supervalu to open books for potential buyers
The troubled Eden Prairie-based grocery-store chain is expected to provide prospective buyout firms financial information later this week, the Wall Street Journal reports. Last week, Supervalu hired Goldman Sachs to explore selling either part or all of its supermarket operations after it reported a plunge in quarterly profit.
Supervalu offers top execs retention pay, options
The struggling Eden Prairie-based supermarket chain is trying to "retain and motivate key employees." Earlier this month, Supervalu suspended its dividend and is considering a sale of its operations. A regulatory filing shows CEO Craig Herkert, CFO Sherry Smith, executive vice president Janel Haugarth and EVP Andrew Herring were awarded non-qualified stock options and retention agreements as long as they stay with the company through 2014.
Minnesota-based Supervalu cuts 50 jobs in IT restructuring
About 50 Supervalu employees in information technology are losing their jobs at the company's corporate campus in Eden Prairie. The move Wednesday follows the ousting of chief executive officer Craig Herkett earlier this week, and the loss 200 local white-collar jobs announced by Supervalu in February.
You Can Get BMTN Special Offers!