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Grocery Outlet Closes Underperforming Stores Nationwide

Grocery Outlet announced plans to close 36 underperforming stores by year-end. Nine of these closures will occur in California. The company reported a $225 million net loss for fiscal year 2025. Overexpansion and a lack of "wow" deals contributed to its struggles. Grocery Outlet aims to improve performance by focusing on store clusters.

https://www.msn.com/en-us/money/companies/why-grocery-outlet-is-closing-some-stores-in-california/ar-AA1ZHNsy?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c