Heat retentive food storage/delivery container and system

A system for heating food delivery containers which comprises: a container for delivering heated food which comprises at least one food compartment having at least one self-regulating heat storage member disposed therein, wherein the self-regulating heat storage member comprising a magnetic material and, optionally, a heat storage material; and an induction generating source which is capable of heating the heat storage material to a predetermined temperature. The system further comprises an automatic shut-off mechanism which is capable of turning off the induction generating source when the heat storage member reaches the predetermined temperature.