Grocery Outlet has been a tradition for bargain seeking customers since 1946. The company's reputation as a deep-discount store began when the late Jim Read began purchasing military surplus back in the mid forties and sold it at huge discounts. Today Grocery Outlet is recognized as the nation's largest grocery extreme-value retailer, with annual revenues exceeding $700 million. Headquartered in Berkeley, California, Grocery Outlet currently encompasses over 133 independently operated stores in 6 Western States. Typically, Grocery Outlets are located in cities large and small and in all kinds of neighborhoods.