Grocery Outlet
American retail company / From Wikipedia, the free encyclopedia
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Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer deeply 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]
Grocery Outlet Bargain Market | |
Formerly | Cannery Sales (1946–1970) Canned Foods (1970–1987) |
Company type | Public |
Industry | Discount retail / Grocery |
Founded | June 11, 1946; 77 years ago (June 11, 1946) San Francisco, California, U.S. |
Founder | James Read |
Headquarters | Emeryville, California, U.S. |
Number of locations | 457 (Aug 2023) |
Key people | Eric Lindberg, (CEO) MacGregor Read, (Vice Chairman)[1] |
Products | Bakery, dairy, deli meats, frozen foods, general grocery, meat, produce, snacks, beer & wine |
Services | Discount retail Supermarket |
Revenue | US$ 3.135 billion (2021) |
Owner | Read family (55% via Read Enterprises, Inc.) |
Number of employees | 946 (2020) |
Parent | Independent (1946–2009) Berkshire Partners (2009–2014) Hellman & Friedman LLC (2014–2019) |
Website | groceryoutlet |
The majority of Grocery Outlet's stores are independently operated by locally based, married couples.[4][5][6][9] Each store has flexibility in its product offerings to serve local tastes and demand.[9][10] The Read family founded the company in 1946. The formal name is Grocery Outlet Bargain Market.[1]