Grocery Outlet Is The Largest Extreme Value Retailer In The United Statesfounded In 1946 In San Franciscocaliforniaoriginally A Military Surplus Storeit Has Transformed Into A Well Known Grocery Retailer That Offers High Quality Products At Lower Prices Than Traditional Grocery Storesthe Company Utilizes An Opportunistic Buying Modelsourcing Products Through Packaging Changessurplus Inventoryand Product Overruns Grocery Outlet Provides A Wide Range Of Productsincluding Fresh Producefresh Meatnatural And Organic Optionsand Brand Name Grocerieswith Over 400 Stores Across Multiple Statesthe Company Serves More Than 1 5 Million Shoppers Each Weekits Independent Operator Model Allows Local Families To Own And Operate Storesfostering Personalized Customer Service And Strong Community Tiesthe Company Is Led By The Third Generation Of The Read Family And Has Seen Significant Growthincluding A Public Offering In 2019
