Grocery Outlet closing 36 stores

This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Dive Brief: Grocery Outlet announced it is closing 36 underperforming stores — 6% of its store fleet — amid dismal fourth-quarter results that saw a nearly $235 million operating loss and a more than $218 million net loss. Two dozen of the closing locations are on the East Coast, representing 30% of that region’s store count, President and CEO Jason Potter said on ...

Grocery Outlet closing 36 stores - Reportify