Co-Chief Executive Officer
Co-Chief Executive Officer
Grocery Outlet was founded in the year 1946. The company has been operational for almost 73 years now. The founder of the company was James Read. The founder of the company used to buy government surplus food products and then later sold them in previously vacant stores throughout San Francisco, USA. The former name of the company was Cannery Sales. In the year 1970, the company had acquired Globe of California and then renamed it Canned Foods as well. Canned Foods started selling closeout, factory second, and also discounted products as well. Then in the year 1971, Canned Foods had signed its first agreement with a supplier, which was known as Del Monte Foods. The company then later signed agreements with entities such as ConAgra, the Quaker Oats Company, and also Revlon. Canned Foods had opened its first independent store in Redmond, Oregon, USA, in the year 1973.
In the year 1982, the founder of the company had passed away and therefore his sons, Peter and Steven Read had taken over the operations of the company. In the year 1987, the company's name was changed to Grocery Outlet. By the year 1995, almost 100 stores were opened by the company. In the year 2001, the company had acquired all remaining liquidated inventories of Webvan, following the online grocery delivery service's bankruptcy. The same year, the company had taken over an online retailer named Wine.com, along with its remaining inventory following that retailer's bankruptcy as well. Then in the year 2002, the company had changed its corporate name to Grocery Outlet Incorporated. The company had taken over 16 Yes Less grocery stores in Texas, USA, and another in Louisiana from a Texas-based company known as Fleming, in the year 2003. The following year, all of the 17 stores were closed as well. In the year 2007, the United States Court of Appeals for the Ninth Circuit had awarded Albertsons an injunction against Grocery Outlet, mainly over its use of the Lucky brand name in a store based in Rocklin, California, USA. Then in the year 2009, the company had added 'Bargain Market' to its store branding as well. As of the year 2011, the company had acquired the Pennsylvania-based chain, known as Amelia's Grocery Outlet. In the year 2014, private equity fund Hellman & Friedman had agreed to partner up with senior management and also acquire Grocery Outlet from its principal owner, Berkshire Partners. Finally, in the year 2018, the Board of Directors of the company had appointed Eric Lindberg to the CEO post and MacGregor Read to the vice chairman post as well. The headquarters of the company is based in 5650 Hollis Street. The name of the place is Emeryville, while the name of the state is California, USA. The pin code of the area is 94608.
Grocery Outlet is an American company that focuses on providing its customers with various types of grocery items and food products as well, required for consumption. The company currently has its presence in over 320 locations all around the USA. The current CEO of the company is Eric Lindberg. The number of employees currently working at the company is more than 300.
The primary services provided by the company include allowing customers to have a retail presence in order to purchase various kinds of grocery products, that are marketed and sold by the company itself. The products sold by the company include dairy, bakery, beer, wine, snacks, frozen foods, meat, general grocery items etcetera.
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