EDEN PRAIRIE, MN-Supervalu will serve about 50 independent grocery stores in Wisconsin, but no Pick 'n Save retailers. Roundy's is getting out of the distribution business, having changed its name and sold distribution centers in Ohio and Indiana to Minneapolis-based Nash Finch earlier this year.

RICHFIELD, MN-The consumer electronics retailer will convert at least 150 to 200 stores this year to its new model, says Lehman Bros. analyst Alan Rifkin. The converted stores are outperforming the others by more than 17% in sales per sf, he says.

RICHFIELD, MN-The consumer electronics retailer will convert at least 150 to 200 stores this year to its new model, says Lehman Bros. analyst Alan Rifkin.

GREY CLOUD TOWNSHIP, MN-D.R. Horton's preliminary Rivers Edge design calls for up to 1,900 housing units and 40,000 sf of commercial space. The issue is the subject of a weeklong hearing.

MINNEAPOLIS-The locally based discount retailer has some 3.5 million sf in Downtown alone. The giant also attracts vendors to open offices nearby, and its growth shows no signs of slowing down.

HOYT LAKES, MN-The proposed $150 million iron nugget plant wins state agency approvals for air and water quality. Mesabi Nugget LLC says construction could begin as soon as October and would take up to two years to complete.

EDEN PRAIRIE, MN-Hoyt Properties pays $16.8 million for the 345,000-sf office building. The developer plans to divide the space in two and invest more than $8 million to fix up the property.

MINNEAPOLIS-Graves 601 Hotel Minneapolis is the new name of the luxury 255-room hotel. Locally based Graves Hospitality Corp. says it is the first of a new chain called Graves Hotels Resorts.