Grocery Outlet (GO) Completes Buyout of United Grocery Outlet
Grocery Outlet(GO) Zacks Investment Research·2024-04-03 21:11
Grocery Outlet Holding Corp. (GO) finalized the purchase of United Grocery Outlet ("UGO"), a leading extreme value grocery retailer in the Southeastern United States. This strategic move is part of GO's expansion strategy, broadening its geographic reach beyond its traditional base. The acquisition, initially announced a while ago, has now come to an end, signifying an important step forward for the company in its efforts to grow and capture new markets.United Grocery Outlet, under the umbrella of Gen Cap A ...