Walmart to bring fast-casual hot dog restaurant to 6 stores
Dive Brief:
Walmart is welcoming a new restaurant chain into its lineup of in-store restaurant partners: hot dog franchise Wienerschnitzel, according to a Wednesday announcement. The partnership will start with restaurants in six Walmart locations in six Western states, each owned and operated by a local franchisee. Walmart has ambitiously grown its partnerships with quick-service restaurants as it looks to expand its in-store dining offerings.
Dive Insight:
Food offerings are becoming more integral to Walmart's offerings as the retailer continues to expand not only its grocery assortment but its in-store, quick-service dining options as well.
The upcoming restaurants are slated to open by the fall in Walmart stores in Puyallup, Washington; Alamogordo, New Mexico; Tempe, Arizona; Reno, Nevada; Colorado Springs, Colorado; and Bakersfield, California.
The in-store restaurants will offer Wienerschnitzel's full menu, which includes the chain's Chili Cheese Dog, chili cheese fries, jalapeño poppers and Tastee Freez soft serve desserts, according to the announcement. The hot dog franchise noted that entering Walmart stores will help with its expansion into non-traditional venues.
Wienerschnitzel currently has 340 franchised locations across 13 states and more than 50 units in various stages of development, according to the announcement.
Walmart's tie-up with the hot dog franchise is the latest in a string of fast-casual dining partnerships the retailer has established to help bring made-to-order meal options to its shoppers. In March, Nozzleman Pizza Co. announced its first Walmart location in Nevada, the first of 17 it plans to open this year in locations retailer operates. Last year, Walmart added options including hoagies, poke and barbecue to its in-store restaurant roster.
Copyright 2025 Industry Dive. All rights reserved.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
29 minutes ago
- CNBC
Bank of America says buy these five stocks that are set to rally
Bank of America thinks there's a slate of stocks worth snapping up and still have room to run. The firm said buy-rated companies like Nvidia have plenty of upside heading into summer. Other names include Philip Morris, Boot Barn, Amazon and Netflix . Netflix The streaming giant is firing on all cylinders and well positioned for growth, according to the firm. Analyst Jessica Reif Ehrlich recently raised her price target on the stock to $1,490 per share from $1,175, reflecting on her bullish thesis. "Year-to-date, Netflix has been a top performer in our coverage driven by: sustained earnings momentum, positive subscriber trends and a defensive rotation related to tariffs," she wrote. There's more to come as the company ramps up its advertising technology ,which should help the bottom line, the analyst said. "We continue to view Netflix as well positioned given the company's unmatched scale in streaming, further runway for subscriber growth, significant opportunities in advertising and sports/live and continued earnings and [free cash flow] growth," Reif Ehrlich added. The stock is up 39% this year. Amazon Analyst Justin Post recently lifted his price target on the e-commerce giant to $248 per share from $230. The firm said that robotics are poised to play a key role in how Amazon operates and this should increase the company's already "competitive moats." Post said the use of drones along with robotics will help margins, as well further reduce delivery times. "Going forward, we expect Amazon to leverage robots to: 1) reduce labor dependency; 2) increase order accuracy; and 3) improve warehouse efficiency, driving material cost savings," he added. Meanwhile shares are up more than 15% over the past 12 months, and they have room for further growth, Post said. "We think Amazon is well positioned to capitalize on the global growth of eCommerce and other secular trends such as cloud computing, online advertising and connected devices," he added. Boot Barn The Western-themed footwear company is firing on all cylinders, according to Bank of America. Analyst Christopher Nardone recently raised his price target on the stock to $192 per share from $173 citing a slew of positive catalysts ahead. "We are encouraged that the acceleration in comp trends has been broad-based across major merchandise categories and geographies," he wrote. The firm said the company is a multi-year growth story with plenty more room to run. In addition, the pricing environment remains very friendly and could lead to share gains, Nardone added. "With larger scale comes better pricing, better selection, more exclusive brands, and better customer service," he said. The stock is up 8% this year. Netflix "Year-to-date, Netflix has been a top performer in our coverage driven by: sustained earnings momentum, positive subscriber trends and a defensive rotation related to tariffs. … We continue to view Netflix as well positioned given the company's unmatched scale in streaming, further runway for subscriber growth, significant opportunities in advertising and sports/live and continued earnings and FCF growth." Amazon "Going forward, we expect Amazon to leverage robots to: 1) reduce labor dependency; 2) increase order accuracy; and 3) improve warehouse efficiency, driving material cost savings. … Robotics could increase AMZN's competitive moats. … We think Amazon is well positioned to capitalize on the global growth of eCommerce and other secular trends such as cloud computing, online advertising and connected devices." Nvidia "AI demand/visibility remain strong, maintain Buy, top pick. … We maintain Buy, a top sector pick with a $180 PO as we believe NVDA remains best positioned to benefit from the ongoing AI tide, supported by a multi-year lead in performance (AI scaling), pipeline, incumbency, scale, and developer support." Boot Barn "We are encouraged that the acceleration in comp trends has been broad-based across major merchandise categories and geographies. This gives us confidence BOOT isn't overearning in a specific geography or category. … With larger scale comes better pricing, better selection, more exclusive brands, and better customer service." Philip Morris "PM has been a top performer in the US market this year, led by execution, improving profitability in smoke-free, ZYN/IQOS volumes and continued contribution from combustibles to support SF [smoke free] growth. Its lack of exposure to China, tariff swings and its defensive nature is also attractive. As we see PM as well positioned to navigate external volatility, we boost our PO by $18 to $200."
Miami Herald
an hour ago
- Miami Herald
Walmart sends a hard-nosed message to employees
Walmart (WMT) , the largest retail chain in the U.S., has sent a harsh message to employees after a controversial U.S. Supreme Court ruling. For years, President Donald Trump has promoted his plan to secure the U.S. borders and conduct mass deportations of immigrants who are in the country illegally. Don't miss the move: Subscribe to TheStreet's free daily newsletter "Illegal immigration costs our country billions and billions of dollars each year…And I will therefore take every lawful action at my disposal to address this crisis," said Trump during a briefing in the White House in 2018. Related: IRS sends stern warning to employees after layoffs Shortly after Trump was sworn in for a second term as president in January, he signed several executive orders focused on cracking down on illegal immigration. Some are targeted at increasing border security, reinstating "enhanced vetting" of visa applicants, and adding limits on birthright citizenship. Last week, the Trump administration gained major ground in its immigration agenda when the Supreme Court gave it the green light to cut a humanitarian program that granted temporary U.S. residency to over 500,000 immigrants from Haiti, Cuba, Venezuela, and Nicaragua. The decision comes after the court ruled in another case that the administration could also remove temporary legal status from roughly 350,000 Venezuelan migrants. Shortly after the Supreme Court's latest ruling, Walmart reportedly informed its stores nationwide to identify workers who will lose their work authorization due to the ruling, according to a recent report from Bloomberg. Related: Walmart suffers another major boycott from customers The retailer also fired an unknown number of workers in Florida and Texas who will soon lose temporary legal residency in the U.S. Walmart even warned employees in at least two Florida stores that they will be let go if they don't get new work authorizations. Walmart's move follows in the footsteps of Disney, which reportedly warned its Venezuelan employees in Florida that their jobs are at risk after the Supreme Court allowed the Trump administration to cut protections for thousands of Venezuelans last month. On May 20, Disney placed those employees (45 cast members) on a 30-day unpaid leave and told them they would be fired if they did not obtain new work authorization by the end of the 30-day period. So far, since Trump took office on Jan. 20, Immigration and Customs Enforcement agents have arrested over 100,000 immigrants. ICE is reportedly arresting up to 2,000 immigrants a day. Last year, under the Biden administration, ICE was making 300 daily arrests. The dramatic increase in arrests comes after the Trump administration's "Border Czar" Tom Homan warned in an interview last year that the U.S. will soon see a "historic deportation operation." More Labor: Amazon CEO gives hard-nosed message to employeesIRS has an alarming solution to a growing problem after layoffsJPMorgan Chase CFO issues stern warning to employees These efforts have so far sparked controversy on social media and massive protests in a few cities across the nation. The Trump administration's deportation plan can also have a major domino effect in workplaces across the country, as immigrants make up a significant portion of the U.S. workforce. Out of the roughly 169 million workers in the U.S., over 32 million are immigrants, which is about 19% of the workforce. Many industries in the U.S. have also relied on the employment of undocumented immigrant workers. According to a report from the American Immigration Council last year, the U.S. is estimated to have over 7.5 million undocumented workers in various industries. Construction is the top industry with the most undocumented workers, who make up about 14% of its workforce. Following construction is the agriculture industry, where almost 13% of its workforce is made up of undocumented workers. The hospitality industry comes in as No. 3, as undocumented workers make up about 7% of its workforce. Related: Dollar General suffers major boycott from customers The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
3 hours ago
- Yahoo
Should You Invest $1,000 in TGT today?
Target has struggled to meet the needs of cost-conscious customers. A turnaround could take several years to fully materialize. The retail giant's dividend is still ultra-safe. 10 stocks we like better than Target › Target (NYSE: TGT) is a passive income powerhouse with more than five decades of annual dividend raises and an enticing 4.8% yield. But even with the high payout, Target has lost investors money over the last five years while the S&P 500 (SNPINDEX: ^GSPC) has more than doubled with dividends included. Here's why Target is under pressure, and whether the dividend stock is a buy right now. Retailers like Target have been under pressure as consumers tighten spending amid inflation and economic uncertainty. Data from the University of Michigan shows that consumer sentiment is hovering around its lowest level since 2022. Some companies have capitalized on consumer needs by providing products and services consumers want at affordable prices. For example, Walmart and Costco Wholesale have steadily grown revenue while sustaining good margins despite macro challenges. Target has had some success with promotions and partnerships, but is still seeing an overall decline in foot traffic. The divergence between Target's stock price and Walmart's and Costco's over the last two to three years illustrates the degree to which investor confidence has weakened for Target relative to these other names. Target slashed its guidance in its most recent earnings announcement. The company is now on track for a third consecutive fiscal year of adjusted earnings-per-share (EPS) declines. With Target's sales and earnings falling, investors have understandably grown skeptical of the company's ability to execute. Target has built up a bad track record of overpromising and underdelivering, so it's hard to put too much faith in its guidance. To Target's credit, management acknowledged the poor results and is focusing on turning the business around rather than appeasing investors. The company plans to leverage efficiency improvements and a revamped product lineup to get customers in stores and return to meaningful sales growth. Target has the tools to pull it off, but the retailer has to manage costs better, align inventory with buyer behavior trends, and limit steep discounts that have crushed its margins in recent years. Target's flaws are glaring and ongoing, but it would be a mistake to overlook the qualities that could make the stock a good buy in June. Target's sales and earnings may be ticking down, but it is still a highly profitable business that generates cash flow. In fact, Target's EPS and free cash flow (FCF) per share remain significantly higher than its dividend per share, even though Target has raised its dividend for 53 consecutive years. Typically, when a company's stock price tanks and its dividend yield goes up, it's because earnings are declining and the dividend begins to look unaffordable. However, Target is in a unique situation where its dividend is highly affordable despite the stock price being around six-year lows and the yield ballooning. Another good way of measuring dividend affordability is comparing the FCF yield to the dividend yield. FCF yield takes FCF per share and divides it by the stock price, similar to how dividend yield is dividend per share divided by the stock price. FCF yield basically shows the theoretical dividend a company could pay if it used all of its FCF on dividends. Target's FCF yield is a sky-high 8.2% -- much more than its 4.8% dividend yield. So while the company isn't growing, it is still a very profitable business that is well positioned to grow its dividend. Investing $1,000 in Target demonstrates a belief in management's ability to turn the company around and leverage Target's strengths rather than expose its weaknesses. The company's main weakness is that it can't compete with Walmart, Costco, or Amazon in terms of price, but it can find a happy medium centered around an enjoyable customer experience at a good value. The Target Circle loyalty program and Target's exclusive and limited-time partnerships will be instrumental in pulling off the turnaround. In the meantime, investors can rest easy knowing that the dividend is affordable, even with the high yield. A $1,000 investment in Target would produce about $48 in dividend income per year, which is significantly more than the $13 or so you could expect from an S&P 500 index fund. Add it all up, and Target stands out as a solid buy for value and income investors today. Before you buy stock in Target, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Target wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Costco Wholesale, Target, and Walmart. The Motley Fool has a disclosure policy. Should You Invest $1,000 in TGT today? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
