- Grove Collaborative Holdings Inc GROV is planning for a retail expansion for its home care brand, Grove Co, with its first drugstore retailer.
- Grove has added its product assortment of zero plastic waste cleaner concentrates, dish soaps, and dishwasher detergent packs to 2,200 additional stores.
- The company has more than doubled its retail door count since early 2021.
- Grove intends to become 100% plastic-free by 2025.
- "By growing our distribution, we're making it easier for consumers to shop for planet-friendly, high-performing products that do not rely on plastic packaging," said Stuart Landesberg, co-founder and CEO of Grove Collaborative.
- Price Action: GROV shares are trading higher by 34.4% at $3.98 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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