All articles tagged with #grocery outlet
Grocery Outlet says it will close 36 stores this year—eight in Maryland—after posting a $224.9 million net loss for fiscal 2025, as it trims its growth plan, subleases affected locations, and still aims to open 30-33 new stores in 2026 with comparable sales potentially down up to 2%.
Grocery Outlet says it will close 36 stores by year-end as part of an optimization plan after acknowledging it expanded too quickly; 24 of the closures are in the eastern U.S., while the company plans to open 30–33 new stores in 2026. The retailer posted a $225 million net loss for 2025 despite a 7.3% rise in net sales and operates 560+ stores across 16 states; no layoffs were announced and the plan aims to strengthen long‑term profitability.
Grocery Outlet Bargain Market is closing 36 underperforming stores across six states (CA, ID, MD, OH, PA, NJ) as a cost-cutting correction after rapid expansion and changes to SNAP benefits; locally, two Philadelphia stores, one in Chester County, and five South Jersey locations (Delran, Gibbstown, Mays Landing, Rio Grande, Sicklerville) are affected.