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• In Minnesota, the Star Tribune reports that “Hy-Vee is delaying the timeline for a distribution center in Austin, Minn. The company had planned to break ground on the site in 2019, but it issued a statement Wednesday that said it will ‘evaluate the need for a third distribution center within the next several years’ … The company also said it is adjusting its growth strategy to include stores that are both smaller and larger than the 90,000-square-foot stores it has built in recent years.
A new concept, called Fast & Fresh, will be about 10,000 square feet and offer grocery items, grab-and-go foods and a coffee shop.”

Re/code reports on how meal kit company HelloFresh has gone public on the Frankfurt Stock Exchange, and seems to be doing a lot better than rival Blue Apron … while it is second to Blue Apron in terms of market share, its current valuation is more “than twice as much as Blue Apron at $800 million. HelloFresh also has higher revenue and lower net losses than Blue Apron … HelloFresh revenue grew 53 percent in the second quarter of the year, compared with a year earlier, according to FactSet data. Blue Apron, meanwhile, grew 18 percent in the same period.”

• California-based Gelson’s Markets announced the November 16 opening of a new store in Rancho Mission Viejo, in South Orange County. The store, the company said, will “feature a cold-pressed juice bar kiosk, marking Gelson’s recently announced partnership with East Coast juice brand Liquiteria,” as well as a “Wolfgang Puck Build-Your-Own Pizza offering a la carte toppings to customize store-baked pizzas” and a “tapas bar with wine and craft beer service and shareable small plates, daily-prepared sushi and more.”

Reuters reports that Tesco CEO Dave Lewis testified this week at the trial of three former company executives who are charged with engineering the systemic and systematic understatement of costs and overstatement of revenue at the chain. In his testimony, Lewis said that he joined Tesco on September 1, 2014, and nineteen days later was informed by the company’s legal counsel that there was a misstatement in the company’s financial reports.

Lewis said he reacted with "surprise and shock.”
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