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Grove Ramps Up Retail Expansion - Now Available On Shelves At 4,000+ Stores

Published 19/10/2022, 15:04
© Reuters. Grove Ramps Up Retail Expansion - Now Available On Shelves At 4,000+ Stores
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  • Grove Collaborative Holdings Inc (NYSE: GROV) said its home care brand, Grove Co, has expanded into two additional retailers' stores and digital sites, Harris Teeter and H-E-B.
  • Harris Teeter is a subsidiary of The Kroger Co . (NYSE: NYSE:KR).
  • The expansion will bring the brand's retail footprint to more than 4,000 stores.
  • The company recently expanded into CVS Health Corp (NYSE: NYSE:CVS), Kohl's Corp (NYSE: NYSE:KSS), Meijer and Giant Eagle, as well as recently doubling its product assortment at Target Corp (NYSE: NYSE:TGT).
  • Grove's hand soaps and hand soap dispensers are now available in select H-E-B stores, while its full cross-category product offering, ranging from cleaners, dish soaps and hand soaps, will be found in select Harris Teeter stores.
  • "Our ability to grow the Grove Co. distribution footprint across the United States, and having our products now available in more than 4,000 stores, is an incredible achievement in making plastic-free products available to the large number of customers interested in reducing their environmental footprint," said Stuart Landesberg, co-founder and CEO of Grove Collaborative.
  • Price Action: GROV shares are trading higher by 7.24% at $1.63 on the last check Wednesday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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