CARLISLE, Pa. — Giant Food Stores here Thursday agreed to purchase 16 Genuardi’s stores from rival Safeway for $106 million, a move that will further grow Giant’s rapidly expanding share of the Philadelphia market and could spell the end of the 92-year-old Genuardi’s banner. Safeway summarily said it intended to exit the Philadelphia market, closing three Genuardi stores not in the deal and looking to sell the remaining eight stores that Giant did not ...
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