When Hy-Vee opened in New Hope and Oakdale in 2015, Chief Executive Randy Edeker said he expected to open four Twin Cities stores each year through 2025.
The company is still on plan with the opening of its eighth metro-area store in Shakopee on Tuesday. But after the ninth opens in Robbinsdale next fall, Hy-Vee will tap the brakes.
"We've slowed the growth of large stores in the Twin Cities," Edeker now says. "If you look at the last month and a half across the U.S., Walmart announced very few stores, Kroger is not building any, and Trader Joe's is slowing way down. I just want to take a little pause while we figure it out."
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