AUSTIN (Austin Business Journal) -- The sudden closure of Foxtrot Market in Austin and elsewhere came as a shock to some, but it didn't faze a small Austin-based chain of bodegas, Royal Blue Grocery, that's going strong after 18 years.
According to co-owner Craig Staley, the key for Royal Blue has been to understand its limits and its market, such as where to open and where it can't compete, and also that margins have a ceiling in the challenging industry.
Royal Blue has seven stores spread across the downtown landscape, plus one in San Antonio, serving customers ranging from billionaires residing at The Austonian to the unhoused.
Read the full story on the Austin Business Journal.