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Grocery Outlet Gathers Momentum

This year, plans call for between 35 and 38 new stores spread between Grocery Outlet’s core West Coast markets and its newer northeastern market. It’s part of a strategy to expand by 10% annually in existing and contiguous markets, while also entering new areas. Over the long term, the company believes that the market potential exists to establish 4,800 locations nationwide.

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Store closures decline for the first time in 2021

For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last