this post was submitted on 06 Mar 2026
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[–] zabadoh@ani.social 2 points 3 weeks ago

It's true, that there are low odds of any of our local Bay Area GroceOuts closing, given tjat:

Grocery Dive, an industry publication, reported that 24 of the stores slated to close are on the East Coast, citing (Jason Potter, the company’s president and chief executive)’s remarks to investors.

and that:

The California-based chain ended the fourth quarter with 570 stores across 16 states, according to its earnings release.

But massive losses isn't sustainable for business, unless you're Amazon.

The company reported an increase in net sales, but an operating loss of $234.8 million and a net loss of $218.2 million in the fourth quarter of 2025.