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Foxtrot Raises $100Million to Facilitate Nationwide Expansion

Foxtrot plans to open as many as 50 new locations over the next 2 years, including New York, Nashville and Miami.

  • The upscale convenience store chain is also testing cashierless technology in multiple existing stores and intends to triple the size of its engineering staff to about 120 people.

  • About half of the stores will be in Chicago, Dallas and Washington DC. The tech-focused retailer is also planning new stores in Boston and Austin and will have 4 to 5 new stores in each of these cities in the next year and a half.

  • New locations set to open in 2022 will include: South First and The Drag in Austin, Boston's Back Bay, Chicago's landmark Willis and Tribune towers and near Wrigley Field.

  • Foxtrot offers 30-minute delivery, a pickup program and nationwide shipping of some of its gourmet products.

Source: Grocery Dive

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