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Grocery Outlet Cuts Stores to Focus | Durham News
Grocery Outlet is aggressively pruning its footprint, closing 12 more stores in just 13 weeks—bringing this year’s total to over 40—as it recalibrates after outpacing itself with rapid expansion. The CEO admits the pace was too fast, and closures are part of a smarter, more selective strategy focused on high-potential markets for better supply chain efficiency and long-term profitability. While comparable sales dipped slightly and average transactions fell despite higher foot traffic, the company is boosting productivity at existing locations and refreshing stores to enhance the customer…
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