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The company had 26 stores, [1] mostly in the Richmond area, as well as one store in Williamsburg, and one each in Colonial Heights, Petersburg, and Fredericksburg. An additional Williamsburg location [ 2 ] and a Roanoke location [ 3 ] closed during 2009 due to low sales and limited brand recognition in those cities.
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King Kullen was founded by Michael J. Cullen, a former Kroger [2] employee who wanted to design a more modern supermarket. [citation needed] While acting as branch manager of the Herrin, Illinois, Kroger Grocery & Baking Company stores, managing 94 small stores, [3] Cullen wrote a six-page letter to John Bonham, a Kroger vice-president, proposing a new type of food store with a focus on low ...
The Grocery Store was a Richmond-based chain Farm Fresh operated for a time in the late 1980s and for much of the 1990s, with Farm Fresh converting 15 stores it acquired from Safeway in November 1993 as Safeway exited the Richmond market. [2] Rack & Sack stores and Food Carnivals closed by 2003, while The Market closed in 2011.
In June 2019, Grocery Outlet went public and shares of Grocery Outlet's common stock began trading on Nasdaq Global Select Market on June 20, 2019, under the symbol "GO". [24] In January 2023, RJ Sheedy, who already held the title of president, also assumed the role of CEO. [25]
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The NDMA also hosts a weekly farmer's market from June to October outside the market building. [1] The Dublin market, completed in 2020, was designed to be more modern than the downtown location. The new market has 30,000 sq ft (2,800 m 2) of space, two-thirds of which is for the public. The market has 15 vendors, with a total capacity of 19. [3]
During an earnings call on Wednesday, Dollar Tree CEO Michael Creedon said the chain may raise prices because of Trump's proposed tariffs.