business news in context, analysis with attitude

With brief, occasional, italicized and sometimes gratuitous commentary…

•  Lunds & Byerlys said that it will open a new, 23,000 square foot store on the ground floor of a multi-story apartment building in the Nokomis neighborhood of Minneapolis.

The company said that "the store will have everything customers expect from Lunds & Byerlys – extraordinary food, exceptional service and passionate expertise – with many convenient features throughout the store, including:  Seemingly endless meal options, including a taco bar, Mediterranean bar, Hissho Sushi, hot food buffet, salads, soups, sandwiches and more. Customers can dine in the café seating area or outside on the patio."

The store also offers both delivery and click-and-collect services.

Few food retailers do it as well as Lunds & Byerlys, and I'm always happy when companies like these, which I admire so much, continue to grow and innovate.  Can't wait to see the new store.

•  CNBC this morning reports that Target's Q1 revenue was up 23 percent, to $24.20 billion, with e-commerce sales up 50 percent compared to the same period a year ago.

Target's net income jumped to $2.1 billion from $284 million a year ago.

Same-store sales were up 18 percent.

•  Marketing Daily reports that "Starbucks Corp. earlier this month submitted an application with the U.S. Patent and Trademark Office to trademark the term 'Puppuccino.'

"According to the application, the term would apply to milk-based beverages, whipped cream and pet bandanas."

The story says that Starbucks is formalizing something that seems to be happening anyway - consumers ordering Frappuccino-style beverages with extra whipped cream for their dogs, albeit with the advice that  pet owners should "consult with their vet on what treats are best for their pet."

I love our dogs.  And I know they like coffee - Spenser in particular is fond of sticking his face in Mrs. Content Guy's morning latte is she's not careful about where she leaves it.  But if he thinks that dropping five bucks at Starbucks for a dog latte, he's going to be very disappointed.