A new market is coming to San Luis Obispo.
Grocery Outlet, a national bargain grocery retailer, is opening a store at 1314 Madonna Road in the Laguna Village Shopping Center. San Luis Obispo is one of 16 new Grocery Outlet stores scheduled to open this year as part of the company’s overall plans for expansion.
It will be the second Grocery Outlet in the county, joining the store in Atascadero.
The store, which will take the space formerly occupied by Spencer’s Fresh Market, is owned and operated by Ryan and Shannon Parrish, a husband-and-wife team who relocated to San Luis Obispo from Washington. The couple has worked in the grocery industry for 40 years, and this is their first Grocery Outlet store. Most Grocery Outlet stores are independently owned and operated by local families.
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The Parrishes, who were impressed by the city’s commitment to its residents and business owners during their visits to the area, have so far hired 35 new employees to work at the San Luis Obispo store.
“We were very drawn to the sense of community and the small-town feel,” said Shannon Parrish in a response emailed to The Tribune. “Each time we were here, we felt very well treated, welcomed and knew that this would be a great place, probably the best place we have been, to raise our family.”
Grocery Outlet, known for offering extreme bargains for customers, sells refrigerated and frozen foods, fresh produce, meat, organics, dry groceries, beer and wine, as well as household, and health and beauty products.
Founded in 1946, the Emeryville-based company has more than 200 locations in California, Idaho, Nevada, Oregon, Pennsylvania and Washington.
The company has had positive store sales growth for more than a decade, according to Brooke Joller, a company spokeswoman. The private company declined to share financial information, but it is growing its store base at a rate of about 10 percent annually, she said. It surpassed the billion-dollar sales mark for the first time in 2011.
A grand-opening celebration is scheduled from 7 a.m. to 3 p.m. Nov. 8. A ribbon-cutting is set for 11:30 a.m. Nov. 6, the store’s first official day of operation. The store will be open from 7 a.m. to 10 p.m. daily.
For more information about Grocery Outlet, visit www.groceryoutlet.com.