Business
Grocery Outlet Holding Corp. Releases 2024 Impact Report
Touching Lives for the Better by Advancing the Company’s Commitment to its Stakeholders EMERYVILLE, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet
About this update from Grocery Outlet Holding Corp.
[{"type":"text","content":"Touching Lives for the Better by Advancing the Company’s Commitment to its Stakeholders EMERYVILLE, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (\"Grocery Outlet,\" the \"Company,\" \"we\" or \"our\"), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, today announced the publication of its Impact Report covering fiscal year 2024. “Throughout 2024, we advanced our mission of Touching Lives for the Better by promoting affordable food access, reducing waste and encouraging entrepreneurship,” said Jason Potter, President and CEO of Grocery Outlet. “I am excited to guide our company forward in service of our mission. My goal is to create greater value for all our stakeholders and strengthen our unique business model—one that blends national buying power and extreme value with the entrepreneurial spirit of our Independent Operators. Together, we will continue to build a brighter, more sustainable future.” Key impact areas highlighted in the report are: Saving Customers Money: Through its opportunistic buying model and strategic partnerships with suppliers, Grocery Outlet consistently delivered products at significant savings compared to conventional retailers, enabling customers to maintain access to quality food and essential items, while effectively managing their budgets.Providing Affordable, Quality Food: Grocery Outlet continued to serve as an important resource for customers across income levels, providing accessible, nutritious food options that support community well-being. In 2024, the Company made a major leap forward with the launch of its private label program, introducing over 180 innovative new SKUs across grocery and deli categories, strengthening its market presence and delivering more value. Giving Back to Communities: Grocery Outlet’s long-standing legacy of community engagement deepened in 2024 through expanded initiatives and stronger community connections. The Company’s annual Independence from Hunger® Campaign, raised nearly $4.9 million in 2024, and its inaugural GO Volunteer Day provided 34,000 meals to local community members.Creating Opportunities for Independent Operators: The entrepreneurial spirit of Grocery Outlet’s business model resonated strongly throughout 2024, attracting over 40,000 inquiries to join the Company’s net...