EMERYVILLE, Calif.--(BUSINESS WIRE)--Jan 13, 2020--

Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores, was recently named Grocery Dive’s 2019 ‘Grocer of the Year.’ Part of Grocery Dive’s annual Dive Awards, which highlight the industry’s top disruptors and innovators, the ‘Grocer of the Year’ title recognizes companies that have made significant contributions, reshaping the grocery industry.

Chosen by the editors of Grocery Dive based on thorough and independent research, reporting, and analysis, Grocery Outlet received the award in recognition of the unique business model which combines opportunistic buying and local independent operators to create a treasure hunt shopping experience with name-brand products at prices generally 40% to 70% below those of conventional retailers.

“As a company, we are incredibly proud of what we accomplished this year, and it is an honor to be recognized by Grocery Dive, one of the most respected publications covering the grocery industry, for our achievements,” said Eric Lindberg, CEO of Grocery Outlet. “Built on seven decades of experience, we look forward to providing our customers with personalized treasure hunt shopping experiences filled with local product offerings and WOW! deals for many years to come.”

“The people and organizations that win the Dive Awards are trailblazers and leaders in their markets,” said Davide Savenije, editor-in-chief of Grocery Dive's publisher Industry Dive. “Their achievements in 2019 are shaping the future of where the latest strategies and trends are going.”

As Lindberg stated in the article, Grocery Outlet’s winning strategy is providing exceedingly great values to customers in fun and highly shoppable stores with assortments curated by operators who are part of the local community. A link to the full list of Dive Award winners, as well as the profile on Grocery Outlet is available here.

About Grocery Outlet:

Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Grocery Outlet has more than 300 stores in California, Washington, Oregon, Pennsylvania, Idaho and Nevada.

About Grocery Dive:

Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping grocery and food retailing. The daily email newsletter and website cover topics such as shopper behavior, omnichannel and e-commerce, delivery and pick-up, pricing and discounting, store formats, product layout, and more. Grocery Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries.

CONTACT: Layla Kasha

510-379-2176

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FOOD/BEVERAGE OTHER RETAIL DISCOUNT/VARIETY RETAIL SUPERMARKET

SOURCE: Grocery Outlet Holding Corp.

Copyright Business Wire 2020.

PUB: 01/13/2020 05:45 PM/DISC: 01/13/2020 05:45 PM

Copyright Business Wire 2020.

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