LANDOVER, Md. -- Giant Food here said new store openings, promotional programs and a new electronic marketing effort helped lift sales in the third quarter and 36 weeks ended Nov. 2.
he 36 weeks, sales rose 2.7% to $2.67 billion from $2.6 billion in the prior-year period. Net earnings increased 18.4% to $67.8 million from $57.3 million.
Giant said it opened five new food-drug stores, including four Super G stores, in its Northern region during the quarter. Three Super G stores are under construction in Yardley, Norristown and Norriton, Pa., and will open in fiscal 1998.