Giant Food announces $175 million spending plan

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LANDOVER, Md. — Ahold Delhaize’s Giant Food division here said Tuesday that it plans to spend $175 million over the next two years to open a new store and remodel 24 others in the greater Washington D.C. metropolitan area. The capital spending plan is in addition to the recently announced $21 million investment in a new Giant store in Olney, Md that is due to open in the spring of 2019. Giant last month opened two new stores in northeastern Virginia — one in Herndon and one in Alexandria.

“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 Giant Food president Gordon Reid. “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.”

The new store will be located in Fairfax Circle, Va.

Giant said the 24 store remodels in the area will allow the locations to offer new amenities, including 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 and full-service pharmacies.

The new store and remodels should result in the creation of about 500 new full-time and part-time jobs.



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