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Kroger to acquire Giant Eagle for $1.65B, keeping brand and Pittsburgh HQ
business8 days ago

Kroger to acquire Giant Eagle for $1.65B, keeping brand and Pittsburgh HQ

Kroger will buy Giant Eagle for $1.65 billion with closing expected in 2027. Giant Eagle will retain its name and operate under Kroger’s umbrella, and its headquarters will stay in Cranberry Township. Frontline jobs aren’t expected to be cut, but corporate layoffs are possible, and pharmacies will continue to operate as usual. The myPerks loyalty program will be maintained, with potential expansion opportunities as the deal progresses.

via 90.5 WESA|
#acquisition#business#giant-eagle
Kroger to Acquire Giant Eagle in Pittsburgh, Drawing on a Century of Grocery Ties
business9 days ago

Kroger to Acquire Giant Eagle in Pittsburgh, Drawing on a Century of Grocery Ties

Kroger announced a $1.65 billion plan to acquire Pittsburgh-based Giant Eagle, a deal with deep roots in local grocery history: Kroger once bought Eagle Grocery in 1928, the families behind both chains formed Giant Eagle in 1931, and the first Giant Eagle store opened in 1936. The closing is expected in 2027, with possible limited store divestitures and no clear word yet on how many Giant Eagle stores might convert or stay branded.

via WPXI|
#acquisition#business#giant-eagle
Kroger to Acquire Giant Eagle for $1.65B, Expanding Its Store Footprint
business9 days ago

Kroger to Acquire Giant Eagle for $1.65B, Expanding Its Store Footprint

Kroger will acquire Giant Eagle for $1.65 billion, adding 197 supermarkets and 11 standalone pharmacies across five states (Ohio, Pennsylvania, West Virginia, Maryland and Indiana). The deal consists of about $1.25 billion in cash and approximately $400 million in debt Kroger will assume, with closing expected in 2027 and possible limited store divestitures to satisfy regulators.

via Cincinnati Enquirer|
#business#giant-eagle#grocery-industry
Kroger to buy Giant Eagle for $1.65B, reshaping Western PA grocery landscape
business10 days ago

Kroger to buy Giant Eagle for $1.65B, reshaping Western PA grocery landscape

Kroger will acquire Giant Eagle for $1.65 billion, ending nearly 100 years of local ownership and adding 197 supermarkets and 11 pharmacies across Western Pennsylvania, northern Ohio, West Virginia, Maryland and Indiana; the deal, approved by Kroger’s board, is expected to close in 2027 pending regulatory clearance, with Giant Eagle continuing to operate under its banner and no store closures anticipated.

via 90.5 WESA|
#acquisition#business#giant-eagle
Suspect Indicted for Fatal Stabbing of 3-Year-Old Outside Giant Eagle
crime2 years ago

Suspect Indicted for Fatal Stabbing of 3-Year-Old Outside Giant Eagle

Bionca Ellis has been indicted on multiple charges, including aggravated murder, for the stabbing of three-year-old Julian Wood and his mother, Margot Wood, at a North Olmsted Giant Eagle. The incident occurred after Ellis stole knives from a nearby thrift store. The investigation is ongoing, and Ellis's arraignment is scheduled for June 10.

via Cleveland 19 News|
#aggravated-murder#crime#cuyahoga-county
Toddler's Fatal Stabbing at North Olmsted Giant Eagle Sparks Outrage and Support
crime2 years ago

Toddler's Fatal Stabbing at North Olmsted Giant Eagle Sparks Outrage and Support

Bionca Ellis, 32, of Cleveland, has been charged with the aggravated murder of a three-year-old boy in a seemingly random attack outside a Giant Eagle in North Olmsted. Ellis, who has a minor criminal history and no known violent tendencies, was previously arrested for theft and criminal trespassing. Investigators are now questioning her mental health status, but no concrete evidence has been found. Ellis has not provided any explanation for her actions and has retained legal counsel.

via Cleveland 19 News|
#bionca-ellis#crime#fatal-stabbing
3-Year-Old Fatally Stabbed in Random Attack Outside Ohio Grocery Store
crime2 years ago

3-Year-Old Fatally Stabbed in Random Attack Outside Ohio Grocery Store

A Cleveland woman, Bionca Ellis, has been charged with aggravated murder after randomly stabbing a 3-year-old boy, Julian Wood, and his mother, Margot Wood, in the parking lot of a Giant Eagle in North Olmsted. The attack, which lasted less than five seconds, resulted in the death of the toddler and non-life-threatening injuries to the mother. Ellis was arrested without resistance and is being held on a $1 million bond. The incident has left the community in shock.

via cleveland.com|
#crime#giant-eagle#north-olmsted