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Berkshire Completes Investment in Grocery Outlet
Grocery Outlet told SN this week that Berkshire Partners, Boston, has carried through on plans to make an equity investment in the extreme-value discount chain, as reported last month.
Elliot Zwiebach
November 11, 2009
1 Min Read
ELLIOT ZWIEBACH
BERKELEY, Calif. — Grocery Outlet here told SN this week that Berkshire Partners, Boston, has carried through on plans to make an equity investment in the extreme-value discount chain, as reported last month.
Berkshire said it would supply strategic and financial support to help Grocery Outlet expand.
Grocery Outlet — which oversees 135 stores operated by independent owners in Arizona, California, Idaho, Nevada, Oregon and Washington — purchases surplus inventory directly from more than 2,500 grocery manufacturers.
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