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Target, Best Buy to help eBay launch same-day delivery service

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.
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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.

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Wal-Mart rolls out same-day delivery service in Minneapolis

Wal-Mart Stores Inc. is testing its new same-day delivery service of select electronics, toys and other online purchases in 10 markets, including Minneapolis, the Associated Press reports. The "Wal-Mart To Go" program costs $10 for an unlimited number of items. The Arkansas-based discount chain is trying to cater to online shoppers who are turning to retail sites like Amazon.com.

Target, Best Buy, Supervalu among retailers impacted by Hurricane Sandy

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.

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Louis Johnston, chair of the Department of Economics at the College of Saint Benedict and Saint John's University, says merging the two Minnesota-based companies could be a win-win for the state's economy. (Photo Courtesy: MinnPost illustration by Christopher Henderson)

Best Buy cancels investors meeting in NYC after East Coast storm

Best Buy CEO Hubert Joly will not be outlining his turnaround strategy with investors on Thursday in New York, Reuters reports. The Richfield-based consumer electronics retailer has canceled the meeting with Wall Street analysts while the East Coast recovers from Hurricane Sandy. A new date for the meeting has not been set.

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Minneapolis-based Target is teaming up with Richfield-based Best Buy to test a tech-support program. The Denver Post reports more than two-dozen Target stores in the Denver metro will start featuring Best Buy’s Geek Squad agents this fall. One store in the Twins Cities will also take part in the pilot project. The trained technicians will offer in-store gadget repairs to home-theater delivery and installation.