Raking in more than $1 billion in cash every year and sitting on very little debt, the retailer has become a tempting target for a private takeover, according to what industry analysts are telling the Star Tribune.

Ebay Inc. is teaming up with some of the nation's biggest retailers, including Minneapolis-based Target and Richfield-based Best Buy, to test a same-day delivery service, Reuters reports. The move comes as rival Amazon.com Inc., the world's largest online retailer, is building more warehouses to deliver items faster and cheaper.

Minneapolis-based Target and Richfield-based Best Buy closed roughly 200 stores on the east coast because of Hurricane Sandy on Monday. Eden Prairie-based Supervalu closed about 20 of its Acme Market stores.

Former Roxio/Napster CEO Christopher Gorog has filed suit against Best Buy. Gorog, who was CEO of the digital music business when Best Buy purchased it in 2008, claims the Minneapolis-based electronics retailer did not honor a monetary agreement after he and the company parted ways.