“Extreme-value” grocery retailer Grocery Outlet Bargain Market plans to open 14 stores throughout the Los Angeles area beginning in December, and continuing at a rapid pace throughout 2016. Grocery Outlet offers name brands such as Kraft, Kellogg’s, Tide, Tyson, Amy’s Kitchen, Naked Juice and many more with prices up to 60 percent off traditional supermarkets.
“It’s fun to watch eyes pop and jaws drop when people come to our stores the first time and see such extreme bargains on the brands they love,” said Eric Lindberg, co-CEO of Grocery Outlet. “There is a reason we label products with discounts over 50 percent as ‘WOW’ deals. It’s often the first thing shoppers say when they realize how much money they’ll save.”
Grocery Outlet Bargain Market says it offers the same brands as traditional grocery stores at a fraction of the cost thanks to its opportunistic buying model. Buyers negotiate directly with manufacturers to buy overstock and surplus products at deep discounts and pass those savings directly on to customers. All products are 100 percent satisfaction guaranteed.
In addition to bringing affordable, healthy options to the Los Angeles area, Grocery Outlet says it will make an impact in the local communities. All stores are independently owned and operated by residents in or near the communities they serve. With the opening of the first 14 stores alone, the independent Grocery Outlet operators will create jobs for approximately 500 people, according to the company.
“Giving back to the Los Angeles community is a big priority,” said MacGregor Read, co-CEO of Grocery Outlet. “My grandfather started this business nearly 70 years ago. As a family-run business, we’re proud to say our values are reflected in each of our stores. From supporting little league teams to donating food to those in need, our local owners share our commitment to making a lasting impact.”
Grocery Outlet is based in Emeryville, California, and operates more than 225 stores in California, Idaho, Nevada, Oregon, Pennsylvania and Washington.
