With gas prices what they are, some commuters have been reevaluating their work arrangements lately. But try this: Famous Dave‘s CEO Wilson Craft has stepped down after just five months on the job, citing his long commute to Minneapolis … from Atlanta. It sounds like fuel prices weren’t the issue. The company’s statement said Craft decided the commute wasn’t in the best interest of his family.
More Famous Dave’s: The company named COO Christopher O’Donnell as its new chief executive. One analyst tells the Star Tribune that the leadership change will send a red flag to investors, but there’s nothing fundamentally wrong with the company. The Pioneer Press notes that it’s facing the same problems as other restaurants: Food prices are rising while the public is eating out less often.
A Minnesota company is accused of conspiring to drive up the price of a key ingredient in fertilizer, the Star Tribune reports. Mosaic is the world’s largest producer of potash, a mineral that is mined for use in fertilizer. The lawsuit was filed in federal court by a Sanborn, Minn., company called Minn-Chem Inc., which recently stopped manufacturing fertilizer because of rising prices. A similar case was dismissed in 1993.
Cub Foods is wrapping up construction of its first LEED-Gold-certified store on St. Paul’s East Side, Finance and Commerce reports. The building is made in part with recycled materials and it uses the latest energy-efficient lighting. Meanwhile, Xcel Energy is testing LED streetlights, the Pioneer Press reports. The lights use up to 50 percent less electricity and last 15 to 25 years.
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