Locally based mom-and-tot boutique
Hot Mama has ambitious plans for 50 nationwide stores by the year 2014,
reports Stephanie Schomer in the February issue of Fast Company.
2010 revenue reached over $15 million, a 62 percent increase over 2009, and CEO Megan Tamte expects it to crest $20 million this year.
The company is headquartered at the site of its first store, opened in 2004 at 50th and France on the border of Edina and Minneapolis. Its website lists 18 current locations--11 in other Midwestern states.