LONDON—One of the world’s largest sushi chains has agreed to merge with one of the biggest operators of sushi kiosks found in American grocery stores like Kroger Co., according to a person familiar with the matter—a bet on consumers’ growing preference for healthier foods that they can eat on the go. London-based YO plans to acquire Houston-based SnowFox, which operates 700 sushi kiosks—typically large sushi counters found in supermarkets across a swath of the U.S.—for more than $100 million, according to the person. The deal...

Source: Wall Street Journal July 02, 2019 11:02 UTC