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0.000805429070407224 7.97454525153844E-06 0.00917870158454214 0.00638761074649717 0.0047927016961858 7.97454525153844E-06 7.97454525153844E-06 -0.00716911618114978
Stock impact report

Grocery Outlet details fresh-focused store remodels [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
As Grocery Outlet works to improve its business under new President and CEO Jason Potter, sprucing up the in-store experience — from store layout to value messaging — has become one of the discounter's key areas of focus. Grocery Outlet plans to update most of its store fleet after seeing successful results with an initial group of pilot stores, company executives said during its third-quarter earnings call on Tuesday. The refresh includes a new store layout that moves produce toward the entrance and features a standardized core assortment. The discounter is seeing “encouraging results” from the initial wave of stores that got a makeover in Q3, when the rollout began. It plans to ramp up its store refresh efforts in Q4, Potter said on the call. “We believe that this initiative and the retail fundamentals it's based on can be rolled out to the vast majority of our store base,” Potter told investors. Grocery Outlet had 563 stores across 16 states at the end of Q3. After posting Show less Read more
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