LANDOVER, Md. — Giant Food here has launched “Project Refresh,” a sweeping makeover plan that will seek to remodel or relocate 100 of the chain's supermarkets during the next three years.
The effort comes as the chain's sales have continued to lag in the face of increased competition in the market. Comparable-store sales were down 1.6% in the third quarter that ended Oct. 7, Giant's Amsterdam-based parent company, Ahold, reported late last month.
Patrick Roquas, an analyst who follows ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Click here to read the FAQ page if you have any questions (opens in a new window)
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.
Already registered? Log In