NEWS IN BRIEF

Giant Food invests $175m to update existing stores

By Mary Ellen Shoup contact

- Last updated on GMT

Giant Food invests $175m to open new store and enhance existing locations

Related tags: brick and mortar, Grocery stores

Giant Food, a regional grocery chain in the Washington D.C. area, has invested $175m to remodel 24 of its existing stores and open a new store location over the next two years.

Giant Food currently operates 164 grocery stores throughout Virginia, Maryland, Delaware, and Washington, D.C.

Earlier this year, Giant Food invested $21m in its 41,000-square-foot Olney, Md., location to remodel the store to accommodate more amenities including expanding natural and organic department, cheese shop, prepare food bar, full-service meat, seafood, and deli departments. The store remodel is expected to be completed in spring 2019.

The recent $175m investment is part of the retailer’s long-term goal of improving its customer experience, said president of Giant Food, Gordon Reid.

"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,"​ Reid said.

The 24 remodeled store formats and new store opening in Fairfax Circle, Virginia, will include added amenities such as expanded natural and organic departments, enhanced check-out zones, full-service pharmacies, Pea Pod pickup locations, and other expanded product offerings.

Differentiating itself from other major retailers, Giant offers in-store nutrition assistance to assist shoppers make better-for-you food choices. The retailer launched a ‘Guiding Stars’ nutrition rating system in all of its stores.

As a result of the new projects, Giant anticipates the creation of approximately 500 new jobs in the communities it serves through the hiring of full and part-time associates. 

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