• The St Louis Post-Dispatch reports that “Schnuck Markets Inc. is adding a prototype 'store-within-a-store' in Des Peres that will sell freshly sliced artisan cured meats by Volpi Foods,” which “produces a variety of Italian meats, including prosciutto, pepperoni and pancetta. Volpi will train Schnucks' employees to operate the store-within-a-store.”


Bloomberg quotes Chris Burggraeve, the former chief marketing officer for Anheuser-Busch InBev NV, as having switched his focus to the cannabis business, believing that there will be a “burgeoning market for state-sanctioned marijuana.”

According to the story, Burggraeve has made two relevant investments - joining the advisory board of GreenRush Group, which says it wants to be the “Amazon of weed,” and co-founding Toast, “which makes dosed, pre-rolled joints.”

"This is one of the fastest-growing categories globally," he tells Bloomberg. "Why? Because people want it. When consumers want something, you ignore it at your peril."


• Private-equity firm Roark Capital Group has bid $2.3 billion to acquire Buffalo Wild Wings. If successful, the purchase would add the 1,200-unit chain to an investment portfolio that includes Arby’s, Carvel, Auntie Anne’s Pretzels and Carl’s Jr.

The story notes that “there has been a spate of restaurant consolidation in the past year. In April, European investment fund JAB Holding Co. agreed to buy Panera Bread for roughly $7 billion. Just last week, JAB agreed to buy Au Bon Pain.”