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Giant Food to Invest $175 Million in Expansion Plan

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WINSTON-SALEM, N.C. - Dec. 6, 2018 - eTradeWire -- Giant Food plans to invest $175 million on store renovations, conversions new locations, and anticipates the creation of approximately 500 new full and part-time jobs during the next two years.

The regional grocery chain based in Landover, Maryland, informed that it will open one new store and 24 store remodels.

These efforts are in addition to the recently announced $21 million investment into a new Giant in Olney, MD, set to open in spring 2019, according to a press release.

"As the region's leading grocer, this announcement is part of our long-term commitment to deliver a consistently exceptional experience for our shoppers," said Gordon Reid, President, Giant Food. "We look forward to updating and enhancing our existing stores and constructing both new and replacement locations to give our shoppers a fresh and imaginative selection, unique in-store experiences and superior customer service."

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The brand-new store will be located in Fairfax Circle, VA. Giant opened two new stores in Herndon, VA and Alexandria, VA on November 9th and November 16th, which allowed… To read the complete story, click on this link: https://abasto.com/en/news/giant-food-175-million-expansion/

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Source: Abasto Magazine
Filed Under: Retail

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