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Lunds Tekniske
Lund Food Holdings, Inc is an American supermarket operator. Headquartered in Edina, it owns the upscale supermarket chain Lunds & Byerlys. The company opened its first supermarkets in the Uptown area of Minneapolis. In 2015, it changed its name from Lunds to Lunds & Byerlys. It operates 28 stores in Minneapolis-St. Paul metro area of Minnesota. History Lunds History Russell T. Lund Sr. founded a grocery called Hove's in 1939 at the corner of Lake Street and Hennepin Avenue in the Uptown neighborhood of Minneapolis. Russell Lund Sr., an employee, took an equity stake in the cheese and cracker department in 1922 and after founding a popcorn business, a larger stake in 1939. The chain took the Lunds name in 1964. Lunds and Byerly's were competing companies until 1997 when Lunds acquired Byerly's. They continued to operate under their individual names until April 2015, when the stores were rebranded Lunds & Byerlys. In 2006, they launched its online grocery shopping service ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Southdale Center
Southdale Center is a shopping mall located in Edina, Minnesota, a suburb of the Twin Cities. It opened in 1956 and is both the first and the oldest fully enclosed, climate-controlled shopping mall in the United States. Southdale Center has of leasable retail space, and contains 106 retail tenants. The mall is owned by Simon Property Group and the anchor stores are Macy's, Dave & Buster's, AMC Theatres, Juut Salon Spa, Hennepin Service Center, and Life Time Athletic. Victor Gruen, the center's architect, designed the mall to challenge the "car-centric" America that was rising in the 1950s. Since its opening in 1956, Southdale has suffered through high vacancy rates and several store closures, but has been able to recover in recent years. Several additions have been performed on the building, including a 2011 renovation which involved the construction of a brand new food court. Southdale Center continues to use much of its original structure despite these renovations, and has be ...
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Saint Paul, Minnesota
Saint Paul (abbreviated St. Paul) is the List of capitals in the United States, capital of the U.S. state of Minnesota and the county seat of Ramsey County, Minnesota, Ramsey County. Situated on high bluffs overlooking a bend in the Mississippi River, Saint Paul is a regional business hub and the center of Minnesota's government. The Minnesota State Capitol and the state government offices all sit on a hill close to the city's downtown district. One of the oldest cities in Minnesota, Saint Paul has several historic neighborhoods and landmarks, such as the Summit Avenue (St. Paul), Summit Avenue Neighborhood, the James J. Hill House, and the Cathedral of Saint Paul (Minnesota), Cathedral of Saint Paul. Like the adjacent and larger city of Minneapolis, Saint Paul is known for its cold, snowy winters and humid summers. As of the 2021 census estimates, the city's population was 307,193, making it the List of United States cities by population, 67th-largest city in the United State ...
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White Bear Lake, Minnesota
White Bear Lake is a city in Ramsey County in the state of Minnesota, United States. A small portion of the city also extends into Washington County. The population was 23,769 at the 2010 census. The city is located on White Bear Lake, one of the largest lakes in the Minneapolis–Saint Paul metropolitan area. Origin of name The city is named after its largest lake, White Bear Lake. American writers have delivered differing versions of the legend that explains the origin of the name. In her book ''Indian Legends of Minnesota'', Mrs. Carl T. Thayer writes that "It is said that a Sioux maiden fell in love with a Chippewa brave. She, the daughter of the Chief, on learning that her father planned war against the Chippewa, ran to her lover and warned him. The brave went alone into the Sioux village to ask for peace and the hand of the maiden. Before the Chief would agree, the Chippewa would have to do a brave deed." "The lovers usually met on Manitou Island. One day, as the bra ...
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Prior Lake, Minnesota
Prior Lake is an exurban city southwest of Minneapolis seated next to Savage and Shakopee in Scott County in the state of Minnesota. Surrounding the shores of Lower and Upper Prior Lake, the city lies south of the Minnesota River in an area known as ''RiverSouth'' and establishes the urban fringe of the south-southwest portion of Minneapolis-St. Paul, the sixteenth largest metropolitan area in the United States. The population of Prior Lake was 22,796 at the 2010 census. Prior Lake was first incorporated as a village in 1891. Prior Lake is one of the oldest cities in the south metro area. The city's modern rapid growth is due in part to the ease of access for commuters to the rest of the region, via the upgraded State Highway 13. Geography According to the United States Census Bureau, the city has a total area of ; is land and is water. Upper Prior Lake and Lower Prior Lake sit at the center of the city in an elongated shape towards the southwest to Spring Lake. Prior La ...
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University Avenue (Minneapolis-St
University Avenue may refer to: Canada * University Avenue (Edmonton), Alberta * University Avenue (Toronto), Ontario *University Avenue (Waterloo, Ontario), local name of Waterloo Regional Road 57 * University Avenue (Windsor, Ontario) Philippines * University Avenue MRT Station, Manila United States *University Avenue (Hammond, Louisiana), cosigned as Louisiana Highway 3234 * University Avenue (Minneapolis–Saint Paul), Minnesota *University Avenue (Provo, Utah), part of U.S. Route 189 * University Avenue Bridge, Philadelphia, Pennsylvania See also * University Square (other) * University Street (other) * University (other) A university is an institution of higher education. University may also refer to: Places * University, Minneapolis, a community in Minneapolis, Minnesota, U.S. ** University (neighborhood), Minneapolis, a neighborhood within the community * Univ ...
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Orono, Minnesota
Orono ( ) is a rural city in Hennepin County, Minnesota, United States west of Minneapolis. Located on the north shore of Lake Minnetonka, Orono is known for its rural character and abundant wildlife. The population was 7,437 at the 2010 census. Orono is in the Minneapolis-Saint Paul metropolitan area. History Orono was originally part of Excelsior Township. In 1868, it became part of Medina Township. Residents received permission from Hennepin County to form the independent town of Orono in 1889. It was incorporated as a city in 1955. Orono is named after Orono, Maine, the hometown of early resident George A. Brackett. Geography According to the United States Census Bureau, the city has a total area of , of which is land and is water. U.S. Highway 12 serves as a main route. Demographics 2010 census As of the census of 2010, there were 7,437 people, 2,826 households, and 2,155 families living in the city. The population density was . There were 3,209 housing units ...
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Plymouth, Minnesota
Plymouth is a city in Hennepin County in the U.S. state of Minnesota. A suburb in the Minneapolis–Saint Paul metropolitan area, the city is about west of downtown Minneapolis.The population was 81,026 at the 2020 census, making it Minnesota's 7th-largest city. History Plymouth's history can be traced to the pre-Columbian period around 1400 to 1500 AD. The original inhabitants were the Dakota. Their encampment was at the north end of Medicine Lake. The name Medicine Lake is derived from the Dakota word Mdewakanton, meaning "Lake of the Spirit." The Dakota named the lake after a warrior overturned his canoe and his body was never recovered. Antoine LeCounte, a guide and explorer, was the first settler in this area. He arrived in 1848, but did not settle until 1852. He carried mail from the Red River of the North to points south, trading goods to Native Americans for horses on the way. LeCounte built the first cabin at what is now East Medicine Lake Boulevard at 29th Avenue N ...
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Bloomington, Minnesota
Bloomington is a suburban city in Hennepin County, Minnesota, on the north bank of the Minnesota River, above its confluence with the Mississippi River, south of downtown Minneapolis. As of the 2020 census, the city's population was 89,987, making it Minnesota's fourth-largest city. Bloomington was established as a post–World War II housing boom suburb connected to Minneapolis's urban street grid, and is serviced by two major freeways: Interstate 35W and Interstate 494. Large-scale commercial development is concentrated along the I-494 corridor. Besides an extensive city park system, with over of parkland per capita, Bloomington is also home to Hyland Lake Park Reserve in the west and Minnesota Valley National Wildlife Refuge in the southeast. Bloomington has more jobs per capita than either Minneapolis or Saint Paul, due in part to the United States' largest enclosed shopping center, the Mall of America. The headquarters of Ceridian, Donaldson Company, HealthPartners, ...
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Wayzata, Minnesota
Wayzata ( ) is a city in Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Wayzata is situated along the northern shore of Lake Minnetonka about west of Minneapolis. Known for its small-town character and lakeside location, Wayzata is frequented by local boaters, shoppers, and restaurant goers. The population was 4,434 as of the 2020 census. U.S. Route 12 passes through the city. One of Wayzata's landmarks is the Wayzata Train Depot, a historic and quaint rail station along the shores of Lake Minnetonka. History Early history The name "Wayzata" comes from the Dakota word meaning “north” or “north shore.” The Mdewakanton, a subtribe of the Dakota nation, treasured Lake Minnetonka—the "Big Water"—as a place for hunting, fishing, and harvesting wild rice and maple sap. Spirit Knob, a peninsula in Wayzata Bay, was regarded as a particularly sacred place.
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Minnetonka, Minnesota
Minnetonka ( ) is a city in Hennepin County, Minnesota, Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about west of downtown Minneapolis. As of the 2020 United States census, 2020 census, the city's population was 53,781. Minnetonka is the home of Cargill, the country's List of largest private non-governmental companies by revenue, largest privately owned company, and UnitedHealth Group, the state's largest publicly owned company. Interstate 494 runs through the city while Interstate 394 (U.S. Route 12) and U.S. Route 169 are situated along the suburb's northern and eastern boundaries respectively. History Since the mid-19th century, Minnetonka has evolved from heavily wooded wilderness through extensive farming and industrialization to its present primarily residential suburban character. The Minnetonka area was home to the Dakota people, Dakota and Ojibwe people, Ojibwe Native American tribes before Euro-Americans arri ...
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