Grocery Outlet remains bullish on unit growth

The fast-growing discounter opened eight new stores and ended its third quarter with 455 locations.


It’ll be a very value-focused holiday shopping season

Aisle 1: Grocery shoppers want Santa to bring them deals this year, and retailers including Walmart, Aldi, Dollar General and others appear happy to oblige.

The fast-growing West Coast discounter outlined seven key impact areas in the report, saying it saved its shoppers nearly $2.5 billion compared to conventional grocers in 2022.

Online grocer expanded product roster by as much as 40% via the acquisition and is folding Imperfect’s private-label items into its own Odds and Ends brand.

The discount retailer announced the immediate resignation of Jeff Owen, who had held the chief executive post for less than a year, saying it needs to “restore stability and confidence” in the company.

The Dollar Tree banner said the 850,000-square-foot West Memphis facility, closed for more than a year, will be transformed after a full interior demolition and top-to-bottom renovation.

Martie’s expanded reach—growing from just 34 states as of July—is due in part to the construction of a 38,000-square-foot shipping warehouse in Dallas in April.

The discounter now has locations in all 48 contiguous states and said it is planning future growth in Montana.

The discount closeout retailer also celebrated a construction milestone this week of its new Illinois distribution center, which is scheduled to open in 2024.

The discount grocer's new location, slated to open Thursday, will be in Bartonville, about 175 miles southwest of Chicago.

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