Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp is an equity in the USA market. The price is currently 13.14 USD with a change of -0.28 USD (-0.02%) from the previous close. The latest open price was 13.38 USD, and the intraday volume is 605,109. The intraday high is 13.68 USD and the intraday low is 13.125 USD. The latest trade time is Tuesday, August 5, 07:58:15 PDT.

Grocery Outlet Holding Corp. is a high-growth, extreme value retailer specializing in quality, name-brand consumables and fresh products. It operates through a network of independently owned and operated stores, offering diverse products including perishable items like dairy, deli meats, produce, fresh meat, and seafood, as well as non-perishable goods such as general groceries, health and beauty care products, frozen foods, and beverages.

Company History and Growth

Founded in 1946 by James Read in San Francisco, California, the company has grown significantly over the decades. As of 2025, Grocery Outlet operates over 540 stores across 16 states, including:

• California
• Washington
• Oregon
• Pennsylvania
• Tennessee
• Idaho
• Maryland
• Nevada
• North Carolina
• New Jersey
• Ohio
• Georgia
• Alabama
• Delaware
• Kentucky
• Virginia

Business Model

A distinctive feature of Grocery Outlet's business model is its opportunistic buying strategy. By purchasing overstocked and closeout products from name-brand and private-label suppliers, the company offers these items at prices significantly below conventional retailers.

This approach provides customers with substantial savings, estimated at 40% over conventional grocers on average and 40-70% on “WOW!” items. It also helps reduce food waste by diverting surplus products from landfills.

Independent Operators and Community Focus

The majority of Grocery Outlet's stores are independently operated by local married couples, known as Independent Operators (IOs). This setup fosters a community-focused shopping experience.

IOs have the flexibility to tailor product offerings to meet local tastes and demands, enhancing customer satisfaction and loyalty. This entrepreneurial model is key to the company's success, combining personalized service with expansion.

Expansion and Acquisition

In 2024, Grocery Outlet expanded into the Southeastern United States by acquiring United Grocery Outlet (UGO), a closeout grocery retailer with 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia.

This acquisition not only increased the store count but also established a platform for future growth in the region.

Community Engagement and Sustainability

The company is committed to community engagement through initiatives such as the annual Independence from Hunger® Campaign, which raised nearly $4.9 million in 2024. It also launched the inaugural GO Volunteer Day, providing 34,000 meals to local communities.

Grocery Outlet’s focus on operational efficiency has led to environmental benefits, including avoiding more than 762 million pounds of food waste in 2024.

Locations

• Baltimore, MD, USA

Grocery Outlet Holding Corp. continues to uphold its mission of “Touching Lives for the Better” by providing affordable, quality food options, supporting local communities, and promoting sustainable practices across its operations.