Who owns Giant Food Stores in Pennsylvania?

Giant Food Stores is a well-known food retailer in Pennsylvania. The company operates more than 270 stores across the state. Giant Food Stores was founded in 1922 and is headquartered in Philadephia.

1. Introduction

Giant Food Stores, LLC is an American supermarket chain that operates stores in Pennsylvania, Maryland, Virginia, and West Virginia. The company is a subsidiary of Dutch grocery company Ahold Delhaize. As of November 2019, Giant operated 164 stores.

2. History of Giant Food Stores

Giant Food Stores, one of the most popular chain supermarkets in the United States, was founded in 1923 in Philadelphia by brothers Charles and David Eddy. Giant grew rapidly in the 1930s, 1940s, and 1950s, expanding into other Mid-Atlantic cities, and in 1957, Giant opened its first store outside of Philadelphia, in Lancaster, Pennsylvania. Giant entered the Southern United States in the early 1960s, with stores in Atlanta, Charlotte, and Jacksonville, Florida. In 1975, Giant opened its first store in the Northeast, in New York City. Giant continued to grow throughout the 1970s and 1980s, opening stores in other major cities in the United States, as well as in Canada and Mexico. In 1997, Giant announced plans to merge with Food Lion, one of the largest grocery chains in the United States. The merger was completed in 1999, and Giant became a subsidiary of the newly created Giant Food Stores, Inc. The new Giant Food Stores, Inc. became the largest grocery chain in the United States. In 2013, Giant announced plans to close 150 stores across the United States, primarily in the Midwest and South. The closures were completed in 2014.

3. The current owners of Giant Food Stores

Giant Food Stores, Inc. is a privately held company with over 2,500 stores in the United States and Canada. The company was founded in 1922 and is headquartered in Westchester, Pennsylvania. The current owners of Giant Food Stores are Cerberus Capital Management, a private equity firm.

4. The future of Giant Food Stores

Giant Food Stores is an American chain of grocery stores with a total of 2,299 stores in the United States, Puerto Rico, and the Virgin Islands. The company was founded in 1922 by John S. Pomeroy and is headquartered in Cincinnati, Ohio. As of 2019, the company is owned by Kroger Co. Kroger acquired Giant Food Stores in 2018 for $13.4 billion. Giant Food Stores operates stores in a variety of formats, including supermarkets, convenience stores, and hypermarkets. It also operates Giant Eagle, a discount grocery chain. In 2019, the company had $127 billion in sales.