Federated Department Stores’ decision to rid itself of its Fingerhut subsidiary didn’t surprise most industry observers. After all, Federated had been reevaluating its ownership of Minnetonka, ...

MINNEAPOLIS -- Fingerhut Cos., one of the state's largest and most geographically diverse employers, is on the verge of collapse. Its parent company, Federated Department Stores, said Wednesday it ...

The new Fingerhut fall/winter catalog, which dropped Nov. 9, will appeal to the same sub-prime-credit demographic as the old Fingerhut catalog. “That’s what works in our opinion,” said Mary Pernula, ...