Grocery Outlet

Grocery Outlet is a discount grocery retailer with a long history in the United States, recognized for its independent operator model and focus on value-driven shopping. The company was founded in 1946 by Jim Read in San Francisco, originally serving as a military surplus reseller. Over time, Grocery Outlet shifted its focus to groceries and has steadily grown into a significant presence in the sector.

As of November 2025, Grocery Outlet operates 563 stores across 16 states. Its stores are primarily located along the West Coast and in the Pacific Northwest, but the company has recently expanded into the Mid-Atlantic and continues to explore opportunities in new regions. Notably, Grocery Outlet is planning to open 37 new stores in 2025 and has committed to refreshing 150 existing locations by the end of 2026, reflecting a sustained investment in both growth and store quality.

A defining feature of Grocery Outlet’s business is its independent operator model. Rather than franchising, the company partners with local entrepreneurs who manage individual stores, supported by centralized sourcing and logistics. This approach has proven effective in driving consistent store performance and adapting to a variety of communities, from urban neighborhoods to suburban shopping centers.

Grocery Outlet’s evolution over the past five years includes both geographic expansion and ongoing investment in its store base. The company’s management continues to prioritize recruiting and training new independent operators, ensuring a pipeline of talent to support its active store opening schedule. Backed by majority owner Hellman & Friedman since 2014, Grocery Outlet has maintained a credible growth posture and a reputation for generating steady foot traffic, making it a reliable anchor in a range of retail environments.