EMERYVILLE — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), with stories in Ventura County, launched its 14thconsecutive Independence from Hunger Food Drive to combat food insecurity on June 26. From June 26 – July 31, the campaign will collect cash donations and pre-made bags of nonperishable foods at more than 470 Grocery Outlet locations that will be distributed to local food agency partners.
Data from the United States Department of Agriculture and Feeding America shows that inflation is causing a double squeeze in communities across the nation. As prices rise, the number of Americans who get groceries at a food bank has increased to 41 million or one in six households, but the amount of donations to food banks has gone down. In the Latino community, one in five Latinos experience food insecurity and Hispanics are twice as likely to face hunger than their white neighbors.