EMERYVILLE, Calif .– (COMMERCIAL THREAD) – Grocery Outlet Holding Corp. (NASDAQ: GO) (âGrocery Outletâ or the âCompanyâ), the leading high-value retailer in the United States offering quality, opportunistic branded products at prices typically between 40% and 70% less than of conventional retailers, today announced the opening of its 400e newest store and location in Hailey, Idaho.
Located at 615 N Main St. in Hailey, Idaho, just south of Sun Valley Ski Resort and east of Boise, the latest Grocery Outlet store is run by independent operator (“IO”) Shane Anderson . Anderson is a Grocery Outlet veteran who previously worked alongside his daughter and son-in-law as the General Manager of their Grocery Outlet store. The Hailey store continues the 10% annual growth of new Grocery Outlet stores, adding approximately 35 new stores each year.
âWe are incredibly proud to celebrate the opening of our 400e store, a capital number 75 years in the making, âsaid Eric Lindberg, CEO of Grocery Outlet. âSince our founding, Grocery Outlet has relied on the core value of ‘touching lives for the better’, and today we are proud to play a role in 400 communities across the United States. a Grocery Outlet store, you shop for local entrepreneurs and support within your own community. I want to congratulate Shane Anderson, along with all of our IOs across the country, for providing a scavenger hunt shopping experience at all our customers who care about good business.
The announcement of the 400e store arrives as Grocery Outlet celebrates its 75e anniversary. A Diamond Commemoration, at all Grocery Outlet stores, customers can expect to see ‘Diamond Deals’ of up to 75% off select items, as well as great deals and highlights some of the company’s most unique purchases over the years. .
This year, Grocery Outlet is also celebrating its second anniversary as a public enterprise, having joined the Nasdaq under the symbol ‘GO’ on June 20, 2019. In addition, Grocery Outlet launched its 11e Annual Hunger Independence Food Bank donation campaign on June 23, which has raised more than $ 11 million for local food banks across the country to date.
About the grocery store:
For 75 years, Grocery Outlet, a high-value grocery retailer based in Emeryville, Calif., Has offered customers big savings on branded products. The company has 400 locations in California, Idaho, Nevada, Oregon, Pennsylvania and Washington. The stores are owned by independent operators based in the communities they serve.
Grocery Outlet offers a full line of products including fresh produce, meats, cold cuts and dairy products, as well as a wide assortment of natural and organic choices. Grocery Outlet also offers a wide selection of beer and wine, health and beauty care, as well as seasonal items. A third generation family business founded in 1946, Grocery Outlet offers local customers an exciting place to find WOW deals on renowned brands they trust.
For more information on Grocery Outlet, please visit www.GroceryOutlet.com.