Giant Eagle, Inc., is an American supermarket chain with stores located in Pennsylvania, Ohio, West Virginia, and Maryland. Giant Eagle was founded in 1918 in Pittsburgh, Pennsylvania. Supermarket News ranked Giant Eagle No. 21 in the 2008 "Top 75 North American Food Retailers" based on 2007 fiscal year estimated sales of $7.1 billion. In 2005, it was the 32nd largest privately held corporation, as determined by Forbes. Based on 2005 revenue, Giant Eagle is the forty-ninth largest retailer in the United States. As of September 2007, the company had 156 company-owned and 69 franchised stores. The company also operates 128 fuel station/convenience stores under the GetGo banner.
The company operates its corporate headquarters in a suburban Pittsburgh office park in O'Hara Township, Pennsylvania.
The chain entered Ohio in the 1980s, reaching Cleveland in the 1990s, by acquiring the Stop N Shop stores in the area. Stop N Shop stores were family owned and operated in different areas of Cleveland. For an example if a person lived in Parma, Ohio, they shopped at Rini/Rego, if a person lived in Garfield Heights, Ohio, they shopped at Reiders. The family operators of Stop N Shop formed a holding company named International Seaway Foods as the main umbrella for Stop N Shop. In 1998, Giant Eagle acquired the International Seaway Foods and converted the Stop N Shop Stores into Giant Eagle Stores. Giant Eagle also purchased or opened other Northeast Ohio stores outside the Stop N Shop area, such as the former Apples supermarkets in the nearby Akron, Ohio area.
The company entered the Toledo, Ohio, market by opening two stores in the area in 2001 and 2004. Giant Eagle emerged as one of the dominant supermarket chains in Northeast Ohio, competing mainly against the New York-based Tops, of which it purchased 18 stores in October 2006. The purchases came as Tops exited the Northeast Ohio area.
Giant Eagle purchased independently-owned County Market stores, giving it a replacement store in Somerset, Penn.; a new store in Johnstown, Penn.; and its first Maryland stores: one in Cumberland, one in Hagerstown, and two in Frederick. The Cumberland store closed in December 2003, and the Hagerstown store closed in August 2005.
Giant Eagle has aggressively expanded its footprint in the Greater Columbus area, capitalizing on the demise of the former Big Bear supermarket chain and taking Big Bear's traditional place as Columbus' upmarket grocer. Giant Eagle first entered what it calls its "Columbus Region" in late 2000, opening three large newly-built stores at Sawmill and Bethel Rd., Lewis Center, and Dublin-Granville Rd. with two more following in 2002 and 2003 at Gahanna and Hilliard-Rome Rd. In 2004, Giant Eagle purchased nine former Big Bear stores in Columbus, Newark and Marietta from parent company Penn Traffic. Giant Eagle has since expanded to several additional locations, acquiring other abandoned Big Bear stores and in newly-constructed buildings using the current Giant Eagle prototype. Giant Eagle opened its 20th Columbus-area at New Albany Road at the Ohio Rt. 161 freeway (New Albany) in August, 2007, its 21st area store at Hayden Run and Cosgray Roads (Dublin) in November, 2007, its 22nd area store at Stelzer and McCutcheon Roads (Columbus) in July, 2008 and its 23rd area store at South Hamilton Road and Winchester Pike (Groveport) in August, 2008. A new Giant Eagle is currently under construction in Lancaster, Ohio and the former Big Bear located at Blacklick Crossing is undergoing an expansion and remodeling.
Giant Eagle has the highest share of any supermarket chain in the Pittsburgh area, largely due to being a de-facto monopoly in the region (only Aldi and stores supplied by Supervalu such as Shop 'n Save, FoodLand, and Save-A-Lot even have a presence in the area, let alone significant market share), but has lost some market share in recent years due to Wal-Mart's construction of supercenters in the area. The company was also rumored to be considering a relationship with regional department/grocery store chain Meijer in an attempt to expand in the Midwest.
Giant Eagle offers over twenty-four different departments across its stores. The range of services includes Iggle Video (a store for renting videos, DVDs, and video games, though this is currently being phased out, and Red Box video terminals are replacing it), dry cleaning, banks such as Citizens Bank (in Pennsylvania, mostly former Mellon Bank branches) and US Bank (in Ohio, due to Tops having a separate contract with Charter One that predated Citizen's acquisition of that bank in 2004; it is not known if Ohio stores will switch to Charter One now that Tops has since closed all of their remaining Ohio stores not sold to Giant Eagle), in-store day care, and pharmacies.
The chain has built large prototypes, and it has experimented with many departments unusual to supermarkets. Larger stores feature vast selections of ethnic and organic food, dry cleaning services, Iggle video, drive-thru pharmacies, in-store banking, Eagle's Nest (for daycare purposes while shopping), as well as in-store coffee shops and prepared foods. Prepared foods are also sold at larger GetGo locations that can accommodate a GetGo Kitchen.
Giant Eagle has rebranded two of its stores as Market District, an attempt to woo upscale shoppers. The two stores are located in the upscale communities of Shadyside in Pittsburgh and Bethel Park in Allegheny County, Pennsylvania. The stores offer free Wi-Fi, Churrasco-style foods, a kosher deli, a smoothie bar and other options not offered at other Giant Eagle locations. Despite the wording of the one report, the Giant Eagle name is still evident on the logos for the rebranded stores.
A third Market District store is now under construction in the Pittsburgh suburb of Robinson. The store will be part of the new Settlers Ridge development and will be the largest to date at 150,000 square feet. There is some speculation that the format with this store may resemble more of a supercenter as compared to the previous Market District stores focusing solely on upscale food items. It is expected to open in the summer of 2009 and will replace the existing 95,000 square foot Giant Eagle store across from Robinson Town Center.
Giant Eagle created the GetGo brand chain of self-service gas stations - some in conjunction with existing Giant Eagles, but most having their own convenience store. To compete with other local convenience store chains, Giant Eagle has instituted the Fuelperks! program, in which customers are rewarded by saving $0.10 per gallon ($0.20 in select markets) they buy on a fill-up with every $50 they spend in Giant Eagle using their Advantage card. Most GetGo stations are built from the ground-up, though Giant Eagle has bought several existing gas stations that are near Giant Eagle locations and has converted them into GetGos, including some former Shell stations in Ohio and most former Cross Roads locations in Pennsylvania. Some GetGo locations also have a WetGo automatic car wash and a GetGo Kitchen, which is used to help GetGo compete better with its main rival in Pittsburgh and up-and-coming rival in Cleveland: the more established and fast growing chain Sheetz, which is headquartered in Altoona There is also one GetGo location in West Virginia and two in Maryland.
The chain, under pressure from Wal-Mart, has implemented a lower prices campaign throughout its stores, featured on products customers buy most. Giant Eagle has also reconfirmed its commitment to value by selling Topco-produced Valu Time products, which are substantially cheaper than other private-label and name-brand merchandise. These co-exist with the Giant Eagle branded items, which are priced lower than national brands yet higher than Valu Time. Before these brands existed, Giant Eagle generally used Topco's Food Club label as the generic product.
In 2007, Giant Eagle released the Giant Eagle Fuelperks! Credit Card in its Columbus Market. The Columbus Market was chosen for the pilot. With extra incentives such as earning an additional 4 cents off per gallon for every $50 you charge onto your fuelperks! credit card and earning an additional 4 cents off per gallon for every $100 in GetGo fuel purchases this idea has taken off. Depending on the results the fuelperks! credit card in the Columbus market, it will soon come to the Cleveland, Toledo, Pittsburgh, and Maryland markets.
Giant Eagle to buy 14 Tops stores: Sites in Falls, Montrose, Medina are part of deal. 4 in Cleveland area to become Dave's Supermarkets.
Oct 11, 2006; Byline: Betty Lin-Fisher Oct. 11--Giant Eagle is poised to increase its dominance of the local grocery market by purchasing 14...