Corporate

Minnesota-based retailer Tile Shop announced plans to exit public markets via a cash-out offer of $6.60 per share, a move the Business Journal reports is the company's second attempt to delist since 2019. The proposal would take the firm private, with the cash-per-share figure and the timing of the announcement provided by company filings and the Business Journal report.

U.S. Bancorp announced it will invest $200 million a year to renovate its retail-branch network, beginning with upgrades in five key markets and signaling a strategic reappraisal of physical locations as digital banking grows. The plan, announced Sept. 30, 2025, implicates branches in the Twin Cities—where U.S. Bank is headquartered—and could affect branch operations, customer access and local construction work.