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[6] [7] Grocery Outlet's 100th store opened in 1995. [13] In 2001, Grocery Outlet acquired all remaining liquidated inventories of Webvan following the online grocery delivery service's bankruptcy. [15] During the same year, Grocery Outlet acquired online retailer Wine.com's remaining inventory following that retailer's bankruptcy. [16]
Parachute is the flagship brand of Marico. Before the 1992 economic liberalisation in India, the government classified vegetable oils as an essential commodity. [1] In the late 1990s, Marico made its first serious entry into foreign markets by setting up a manufacturing plant in Bangladesh. Parachute's market share rose to 70% within ten years. [1]