Grocery Outlet expanded its reach on the East Coast with a new store in Hagerstown, MD.
The "treasure hunt" style deep discounter operates 428 stores in the U.S., more than 50% of which are in California. The company announced plans to expand in new markets, and plans to open 10 new stores in the Mid Atlantic this year, and grow by about 10% each year.
Today Uber Technologies, Inc. and Grocery Outlet Holding Corp announced that they are teaming up to pilot on-demand and scheduled grocery delivery.
Grocery Outlet Holding Corp., the leading extreme-value retailer in the United States offering quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers, today announced a partnership with Instacart, the leading online grocery platform in North America, on a pilot program to make its iconic bargain shopping experience available online for the first time ever.
Grocery Outlet takes it up a notch for this new store.
Grocery Outlet didn’t disappoint in its first earnings report following since going public this summer. The Emeryville, CA-based retailer posted 12.2% top line year-over-year growth, with a 5.8% increase in same-store sales.
SEASIDE, CA—There’s a reason I’ve been seeking out Grocery Outlet stores every time I’m nearby. The Emeryville-based chain is the ultimate treasure hunt.
Emeryville, CA-based Grocery Outlet said in an SEC filing it plans to double, then quadruple store count as it plans an initial public offering.