Giant Food announces $175-million investment

On Dec. 4, 2018 grocery chain Giant Food announced it would make a $175 million capital investment into expansion and improvement over the next two years. Plans include one new store and 24 store remodels which are an addition to a $21 million investment the company announced for a new Giant in Olney, MD set for a Spring 2019 opening.

“As the region’s leading grocer, this announcement is part of our long-term commitment to deliver a consistently exceptional experience for our shoppers,” said Gordon Reid, president, Giant Food. “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 brand-new store will be located in Fairfax Circle, VA. Giant opened two new stores in Herndon, VA and Alexandria, VA earlier this year on November 9th and November 16th, which allowed additional space for updated amenities and excellent product selection.

In addition, Giant will also be remodeling 24 store locations to feature new amenities such as enhanced perishable, produce, beer, wine and spirits offerings, full-service florists, expanded natural and organic departments, hot Asian food bars, fresh squeezed juice bars, enhanced check-out zones, full-service pharmacies and more.

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.