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AndNowUKnow quotes H-E-B president Scott McClelland from a speech he recently gave to the Houston Northwest Chamber of Commerce’s annual Economic Outlook Forum in which he said the following:

“[In the future], there’s going to be brick-and-mortar [stores], and there’s going to be online. We think we can do both, but the brick-and-mortar [store] has got to be exciting and interesting and compelling for you to want to come in.”

Exactly. McClelland concedes that H-E-B’s online efforts are not yet entirely frictionless, but his company definitely is going in the right direction. (And its Central Market stores are the very definition of differentiated.

• The Californian reports that “Taylor Farms has purchased organic grower Earthbound Farm, the Danone produce company.” Terms of the deal were not disclosed, though the story also points out that Danone acquired Earthbound in 2014 for $600 million.
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