retail

Food

The Trader Joe's effect: How the grocery chain is a gateway to global flavors for restaurant customers

With its accessible and affordable array of international products, Trader Joe’s opens consumers’ palates to unfamiliar cuisines. But it can work both ways, say operators—restaurants also provide taste experiences that benefit retail sales.

Emerging Brands

7-Eleven broadens its restaurant footprint with a $1B acquisition

The c-store chain is buying the Laredo Taco Co. fast-food units it doesn't currently own, along with the Stripes c-stores that house them.

Reality Check: The retail component of the family dining concept drew off sales and profits during the brand's most recent quarter. Maybe it's time to leave the shops out of future Cracker Barrels.

The unexpected move comes about a year after Kroger was part of a $100 million investment round in the ghost kitchen operator, which said it is shifting its focus to software.

Foxtrot Market and Dom's Kitchen & Market, which offer both freshly made meals and groceries, are merging to create Outfox Hospitality.

About 25% of shoppers cooked for themselves or purchased ready-to-eat supermarket items during 2023, compared with a 17% rate last year.

Malls with a Cheesecake Factory are more likely to be current on their loans, according to a Moody’s analysis. But the chain may not be retail's white knight.

Tech Check: Grocery is one of the few industries that may be even less techy than foodservice. Instacart wants to help it catch up, and could get a boost from its IPO.

Atul Sood sees a lot of opportunity in the company's partnerships with Kroger and Circle K, but not so much in its stand-alone ghost kitchens. “You’ll probably see less of those,” he said.

Sheetz closed the college-adjacent unit, which differed from most of the chain's stores by forgoing gas pumps.

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