Today in restaurant and grocery tech news, NCR Corporation supports minority-owned restaurants in Atlanta, while an iconic Massachusetts family-owned restaurant will soon close its doors. Plus, Krispy Kreme’s first earnings report since going public.
With Low-Price Value Prop, Walmart Grocery Could Benefit From Rising Inflation
As grocers across the country worry about the impact that rising food costs will have on sales, Walmart sees the opportunity to pull ahead in the category. The company gained share in grocery in the second quarter of FY21, with sales rising 6 percent, the retailer announced Tuesday (Aug. 17).
NCR Donates $200K For Restaurant Recovery Efforts
Self-service kiosk and point-of-sale (POS) terminal manufacturer NCR Corporation on Monday (Aug. 16) announced a $200,000 contribution to nonprofit Elevate Together as part of an effort to support restaurant recovery among Black and Hispanic communities. NCR Foundation, a founding partner of Elevate Together, made the donation, which will fund cash grants to minority-owned businesses in the Atlanta area.
After Seven Decades, Boston’s Iconic Kowloon Restaurant To Close
Boston’s iconic Kowloon restaurant, very recognizable to anyone who drove north on Route 1 from Boston, will be closing its doors. The closure is not the result of the COVID-19 woes that have plagued so many restaurants during the past year and a half, but rather of family members choosing not to continue the closely-held business, the Wall Street Journal reported.
7-Eleven, Minibar Pair Up For Delivery Service
Convenience store giant 7-Eleven and alcoholic beverage provider Minibar Delivery announced a collaboration that will let adult customers order beer, wine and snack foods for rapid home delivery. Under the arrangement, which is piloting in parts of Florida, Texas and Virginia, customers will be able to order home delivery of beer and wine from about 600 participating stores, the companies said.
After Strong Post-IPO Sales, Krispy Kreme Taps Insomnia For eCommerce Growth
As sales rise, the donut chain turns its focus to growing its digital and delivery capabilities, turning towards subsidiary Insomnia Cookies to learn from the cookie chain’s eCommerce expertise.
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