American retail company
Grocery Outlet Holding Corp. Grocery Outlet Bargain Market Formerly Cannery Sales (1946–1970) Canned Foods (1970–1987) Company type Public Industry Discount retail / Grocery Founded June 11, 1946; 78 years ago (June 11, 1946 ) , in San Francisco, California , U.S. Founder James Read Headquarters Emeryville, California , U.S.Number of locations
480 (May 2024) Key people
Jason Potter (CEO )[ 1] Products Bakery, dairy, deli meats, frozen foods, general grocery, meat, produce, snacks, beer & wine Services Discount retail Supermarket Revenue US$ 3.970 billion (2024)Owner Read family (55% via Read Enterprises, Inc.) Number of employees
949 (2024) Parent Berkshire Partners (2009–2014)Hellman & Friedman LLC (2014–2019)Website groceryoutlet .com
Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers.[ 2] [ 3] [ 4] [ 5] [ 6] The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware.[ 2] [ 7] [ 8]
The vast majority of Grocery Outlet's stores are independently operated by local married couples.[ 5] [ 9] [ 10] Each store has flexibility in its product offerings to serve local tastes and demand.[ 9] [ 11] The Read family founded the company in 1946. The formal name is Grocery Outlet Bargain Market.[ 12]
^ "Grocery Outlet Names New CEO" .
^ a b Tanya Mannes (July 11, 2012). "Grocery Outlet opens new San Diego store" . UT San Diego. Archived from the original on April 2, 2015. Retrieved September 24, 2013 .
^ Carolyn Said (June 20, 2010). "Grocery Outlet cashing in on new frugality with expansion". San Francisco Chronicle .
^ Robert Goldfield (June 1, 2003). "Grocery Outlet hits spot with budget shoppers" . Portland Business Journal . Retrieved September 24, 2013 .
^ a b Brian Wilkinson (April 24, 2013). "Sierra Lanes to be converted to Grocery Outlet" . Sierra Star. Archived from the original on September 27, 2013. Retrieved September 24, 2013 .
^ John Hollis (Nov 1, 2013). "New owners grow with Grocery Outlet" . Appeal Democrat. Retrieved April 29, 2015 .
^ Clay Moffitt (April 6, 2012). "Grocery Outlet building new Fresno store" . The Business Journal Now. Archived from the original on 2013-09-28. Retrieved September 24, 2013 .
^ Tim McLaughlin (October 13, 2009). "Berkshire invests in W. Coast grocery chain" . Boston Business Journal . Retrieved September 24, 2013 .
^ a b Carolyn Said (June 20, 2010). "Grocery Outlet eyes expansion in lean times" . SFGate . Retrieved September 24, 2013 .
^ "Husband, wife emphasize NOSH at SoCal Grocery Outlet" . Supermarket News . 2016-04-12. Retrieved 2024-06-24 .
^ Robert Rogers (May 23, 2013). "New Grocery Outlet set to open doors in Richmond, where grocers have been scarce" . Contra Costa Times. Retrieved September 24, 2013 .
^ "Grocery Outlet Bargain Marketing Announces MacGregor Read as Vice Chair, Eric Lindberg as CEO" . BusinessWire. December 26, 2018. Retrieved February 5, 2019 .