Grocery Outlet Holding Corp. has appointed Michael Kobayashi and Lawrence “Chip” Molloy to its board of directors, effective June 26, as part of the company’s board refreshment and leadership transition efforts. Kobayashi and Molloy also will serve on the board’s audit and risk committee. They were selected following a national search conducted with the assistance […]
Tag: Grocery Outlet Holding Corp.
Posted inExecutive News, Independent Store News, West
Grocery Outlet Appoints Bachman And Haben To Board Of Directors
Emeryville, California-based Grocery Outlet Holding Corp. has expanded its board of directors to 11 with the appointments of John E. “Jeb” Bachman and Mary Kay Haben. Bachman brings nearly four decades of leadership experience having served in various roles at PriceWaterhouseCoopers (PwC). He is a boardroom veteran, having served on the board of directors of […]
Posted inWest, Corporate Store News
Grocery Outlet’s Net Sales, Comps Up In 2Q But Records Net Loss
For the second quarter of fiscal 2019 ended June 29, Emeryville, California-based Grocery Outlet Holding Corp. said its net sales increased by 12.2 percent to $645.3 million vs. $575.1 million in the second quarter of fiscal 2018 and its comparable store sales increased by 5.8 percent vs. a 2.7 percent increase last year. The company’s […]