United Grocery Outlet

Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet

Retrieved on: 
Tuesday, April 2, 2024
Acquisition, Grocery Outlet, UGO, Southeastern United States, United Grocery Outlet, Retail

EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Key Points: 
  • EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
  • With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet’s presence into Tennessee, North Carolina, Georgia, Alabama, Kentucky and Virginia.
  • "We are pleased to complete this transaction and extend our footprint into the Southeast," said RJ Sheedy, President and Chief Executive Officer of Grocery Outlet.
  • We are excited to welcome the United Grocery Outlet team to the Grocery Outlet family and work together on the many growth opportunities ahead."

Grocery Outlet Holding Corp. To Acquire United Grocery Outlet

Retrieved on: 
Thursday, February 15, 2024
Acquisition, Stout, Honigman LLP, Southeastern United States, Grocery Outlet, UGO, United Grocery Outlet, BofA Securities, Bass, GO, Environment, Retail

EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Key Points: 
  • EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
  • RJ Sheedy, President and Chief Executive Officer of Grocery Outlet, stated, "United Grocery Outlet is a natural fit given our similar opportunistic buying strategies, customer value propositions, and shared mission of serving our communities.
  • Together, we look forward to growing the positive impact on our community," said Lisa Bryson, CEO of United Grocery Outlet.
  • Stout acted as financial advisor and Bass, Berry & Sims PLC acted as legal advisor to Gen Cap and United Grocery Outlet.

Pure Leaf Oil / CAN B Products Available at United Grocery Outlets

Retrieved on: 
Thursday, July 16, 2020
Retailers, Retailing, United Grocery Outlet, Grocery Outlet, Trade, Pure, Grocery store

HICKSVILLE, NY, July 16, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Can B Corp ( OTCQB: CANB ) (Can B Corp or the Company), a diversified health and wellness company, announced today that their Pure Leaf Oil brand products are available at Bargain Barns Inc. d/b/a United Grocery Outlet (UGO) , www.myugo.com .

Key Points: 
  • HICKSVILLE, NY, July 16, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Can B Corp ( OTCQB: CANB ) (Can B Corp or the Company), a diversified health and wellness company, announced today that their Pure Leaf Oil brand products are available at Bargain Barns Inc. d/b/a United Grocery Outlet (UGO) , www.myugo.com .
  • Pure Leaf Oil, a product of Pure Health Products, LLC, is fulfilling reorders currently.
  • In business since 1974, United Grocery Outlets are a highly reputable closeout grocery merchant buying and selling most products sold in supermarkets.
  • CanB Corp owns and operates a manufacturing facility under Pure Health Products in Lacey, Washington where all CBD based products are blended and packaged.