1 Our Mission: TO SERVE •our CUSTOMER with an exciting and extreme value shopping experience. •our SUPPLIERS by being the best retail grocery liquidator. •our ASSOCIATES by providing an environment of mutual respect and integrity. www. myugo.com 2 History………………………. In 1974 Michael Tullock was still in high school when he decided to launch his own business “The Bargain Barn” which was located in the back of his parents’ antique shop in Etowah, Tenn. While Tullock’s parents Doug and Carol drove the family station wagon to the Stokely-Van Camp plant to purchase cases of canned goods, Michael was busy minding the store after school. Within a few weeks, Tullock’s grocery business had driven out the antiques. With $1,000 allotted by his parents the business was off and running. 3 37 years and 35 stores later Michael Tullock is the CEO of a growing chain. The corporate charter of Bargain Barn, Inc. still remains today but has developed store names of United Grocery Outlet and the most recent acquisition of GO Grocery Outlet stores in North Carolina. We currently employ 700 associates in 5 states: Tennessee, Georgia, Alabama, Kentucky, and North Carolina. 4 In the closeout business, Tullock said he can buy shipments of quality food, produce and meat that manufactures may have overbought or discontinued. “It’s definitely a niche market. We’re not trying to go head-to-head with the big guys, but we’re more flexible,” he said. “Customers like the surprise factor,” “They like to find a product at a good price. They often ask when our trucks are coming in.” Jeanne Hix of Fletcher N.C. has been a regular customer at both the Skyland and Hendersonville locations of Grocery Outlet. Feeding a family of four, she’s been able to whittle her grocery bill down to about $300 a month. “I really load up,” Hix said 5 In business since 1974 we provide: Quick effective and efficient answers for product issues. We move tremendous amounts of product through our own retail outlets quietly and discretely. We support all marketing restrictions as needed. We carefully display product in a very neat, clean and spacious store. We support a cost that allows a value to the supplier and a retail price offering savings to our customer. We respond promptly to all offers from manufacturers and expedite payment based on agreed terms. We are the end retailer and are positioned to track / halt retail sales immediately if involved in a recall. 6 Our distribution center is located in Athens, Tennessee. DC Capacity: Dry - 5600 slots, 62000sqft Refrigerated – 825 slots, 17300sqft, 3 temps (Dairy,Candy,Produce) Frozen – 1000 slots, 9500sqft, 3 temps (Ice Cream, Novelties, misc) Fresh Produce Fresh Meat 7 Services offered Warehouse scanning for reclamation damage and distribution damage In house labeling, re-labeling, stripping labels Re-packing bulk products (Individually wrapped product) Re-label short weights Apply specialty stickers Flexibility in solving problems Solutions company Respond to offers quickly 8 We Specialize in Handling Inventory Imbalances Close Outs Package Change Bag Fills Close Dated Product Factory Seconds Trial Run Products 9 Manufacturers we Support CAMPBELLS CONAGRA GENERAL MILLS KELLOGGS KRAFT FOODS LAND O LAKES M & M MARS NESTLE QUAKER S.C. JOHNSON UNILEVER SARA LEE Complete listing available at www.myugo.com 10 Welcome Halls #35 www.myugo.com 11 100% Satisfaction Guarantee We Do Not Accept Vendor Coupons We Do Not Advertise Name Brands 12 Congratulations !! 2011 Tennessee Grocers & Convenient Store Association 13