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Planning for expansion

LAKE BENTON — For much of 2018 Lake Benton residents thought their downtown hardware store was likely to close, but new owners stepped forward to keep it a vital part of the business community. Curtis and Laura Rethwisch bought the hardware store last September from previous owner Gary ...

Meyer joins local office of Van der Hagen, Skogrand & Associates

Sarah Meyer has joined the Marshall financial practice of Corey J. Skogrand, CFP®, ChFC®, CLU® a private wealth advisor with Van der Hagen, Skogrand & Associates a private wealth advisory practice of Ameriprise Financial Services, Inc.as an administrative assistant. In this role, Meyer ...

Stocks post strong finish as optimism over trade talks grows

The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood. The rally marked a turnaround from a day earlier, when disappointing holiday sales data led to a modest sell-off. Friday's gains helped push the benchmark S&P 500 index to its third-consecutive weekly gain. Financial, health care, technology and industrial stocks accounted for much of the broad wave of buying. U.S. markets will be closed Monday in observance of Presidents Day. Two days of trade talks wrapped up Friday in ...

Payless ShoeSource to shutter remaining US stores

NEW YORK (AP) — Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May. The debt-burdened chain filed for Chapter 11 bankruptcy protection in April 2017, closing hundreds of stores as part of its ...

Retailers shop for ways to get rid of checkout lines

SAN FRANCISCO (AP) — Get ready to say good riddance to the checkout line. A year after Amazon opened its first cashier-less store, startups and retailers are racing to get similar technology in stores throughout the world, letting shoppers buy groceries without waiting in line. If they work, cashier-less stores will not only save time but maybe money too, for both cost-cutting merchants and customers whose shopping habits are dissected. From cameras and sensors, the stores will know when shoppers pick up a product and put it down, and can send them a discount to tempt them to buy ...

S&P 500 set for another down week as January’s rally fizzles

U.S. stocks declined in afternoon trading Friday, joining a worldwide move lower as concerns remain high about global trade and the strength of the economy. The S&P 500 was on pace to close out its second down week in the last three as investors hit pause following a tumultuous two months where the index followed up its worst December since 1931 with its best January in three decades. On the plus side for stocks: Companies are in the midst of reporting better-than-expected earnings for the last three months of 2018, and the Federal Reserve has indicated it will take a more patient ...