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Wednesday A.M. Report

Walgreens buys Minnesota Snyder’s stores, Salvation Army Christmas fundraising best ever, Pentair partnering with Twins stadium, and Torgerson opens 2 Homewood Suites.

Walgreens buys stores still owned by Snyder’s in Minnesota: Snyder’s Drug Stores will cease to operate as a company, with Deerfield, Ill.-based Walgreen Co. snapping up the last of the company-owned Snyder’s stores. The two companies said today that Walgreens will buy 25 company-owned Snyder’s stores. Some will stay open as Walgreens, staffed by former Snyder’s employees, while others will be shut down. The companies wouldn’t disclose which stores will be closed. Financial terms were not disclosed. Read full story

Twin Cities Salvation Army finishes most successful Christmas season ever: The Twin Cities Salvation Army received more than $10 million in donations during its Christmas campaign, well exceeding its goal of $8.7 million. The campaign attributed its success to three main factors: a $1.25 million matching gift, increased donations from foundations, and larger gifts from everyday people. The matching gift came from three anonymous donors. Read full story

Pentair becomes “sustainable water provider” for Twins’ Target Field: The Minnesota Twins will use Pentair technology to recycle rain water at the team’s Target Field, slated to open in April. Under a multiyear sponsorship agreement, Golden Valley-based Pentair will be “The Official Sustainable Water Provider” for the Minnesota Twins organization and Target Field. The company will donate and install a custom-designed system that will capture, conserve and reuse rain water, reducing the stadium’s estimated need for municipal water by more than half, saving more than 2 million gallons of water each year. Read full story

Torgerson Properties opens Homewood Suites in New Brighton, St. Louis Park: Hotel operator Torgerson Properties said Tuesday that it’s opened two Homewood Suites by Hilton hotels in the Minneapolis metro area, increasing the number of hotels it operates in Minnesota to 28. They are the 124-suite Homewood Suites Minneapolis/St. Paul-New Brighton and the 125-suite Homewood Suites Minneapolis/St. Louis Park. Read full story