Grocery Outlet

Grocery Outlet Holding Corp.
Grocery Outlet Bargain Market
FormerlyCannery Sales (1946–1970)
Canned Foods (1970–1987)
Company typePublic
IndustryDiscount retail / Grocery
FoundedJune 11, 1946; 78 years ago (June 11, 1946), in San Francisco, California, U.S.
FounderJames Read
HeadquartersEmeryville, California, U.S.
Number of locations
480 (May 2024)
Key people
RJ Sheedy (CEO)[1]
ProductsBakery, dairy, deli meats, frozen foods, general grocery, meat, produce, snacks, beer & wine
ServicesDiscount retail
Supermarket
RevenueUS$3.135 billion (2021)
OwnerRead family (55% via Read Enterprises, Inc.)
Number of employees
9970 (December 2023)
ParentBerkshire Partners (2009–2014)
Hellman & Friedman LLC (2014–2019)
Websitegroceryoutlet.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.[1]

  1. ^ a b "Grocery Outlet Bargain Marketing Announces MacGregor Read as Vice Chair, Eric Lindberg as CEO". BusinessWire. December 26, 2018. Retrieved February 5, 2019.
  2. ^ 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.
  3. ^ Carolyn Said (June 20, 2010). "Grocery Outlet cashing in on new frugality with expansion". San Francisco Chronicle.
  4. ^ Robert Goldfield (June 1, 2003). "Grocery Outlet hits spot with budget shoppers". Portland Business Journal. Retrieved September 24, 2013.
  5. ^ 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.
  6. ^ John Hollis (Nov 1, 2013). "New owners grow with Grocery Outlet". Appeal Democrat. Retrieved April 29, 2015.
  7. ^ 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.
  8. ^ Tim McLaughlin (October 13, 2009). "Berkshire invests in W. Coast grocery chain". Boston Business Journal. Retrieved September 24, 2013.
  9. ^ a b Carolyn Said (June 20, 2010). "Grocery Outlet eyes expansion in lean times". SFGate. Retrieved September 24, 2013.
  10. ^ "Husband, wife emphasize NOSH at SoCal Grocery Outlet". Supermarket News. 2016-04-12. Retrieved 2024-06-24.
  11. ^ 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.