All articles tagged with #giant eagle
Kroger will shutter more than 60 underperforming stores nationwide, including two in California, as part of a strategic consolidation to redirect resources to stronger markets and newer formats, while finalizing a $1.65 billion acquisition of Giant Eagle that will add hundreds of supermarkets to its network.
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.
Kroger announced plans to acquire Giant Eagle for $1.65 billion (including $1.25 billion in cash and $400 million in assumed liabilities), with closing expected in 2027 and limited store divestitures to win regulatory approval. The deal broadens Kroger’s geographic reach, including Pennsylvania, and marks the first acquisition under CEO Greg Foran.
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.
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.
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.
A lottery ticket worth $770,000 was sold at a Giant Eagle in Allegheny County, matching all five numbers in the Cash 5 with Quick Cash game, marking the latest jackpot win in the area amid recent big wins.
Giant Eagle held a successful promotion allowing customers to exchange pennies for double value gift cards due to a nationwide penny shortage caused by changes in U.S. coin policies, receiving over 100 million pennies during the event.
Giant Eagle held a 'Penny Exchange Day' where customers exchanged over 100 million pennies for gift cards, addressing the coin shortage caused by the U.S. Treasury phasing out penny production, and distributing more than $2 million in gift cards.
A Cuyahoga County grand jury indicted Bionca Ellis, 32, on multiple charges, including aggravated murder and attempted murder, for fatally stabbing 3-year-old Julian Wood and wounding his mother outside a Giant Eagle grocery store in North Olmsted, Ohio.
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.
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.
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.
A 32-year-old Cleveland woman is in custody after allegedly stabbing a mother and her 3-year-old son in the parking lot of a Giant Eagle in North Olmsted. The victims were treated at the scene and transported to St. John Medical Center. Their conditions are currently unknown. The incident appears to be a random act of violence.
A 2-year-old boy and his mother were stabbed in the parking lot of a Giant Eagle grocery store in North Olmsted, Ohio, around 3 p.m. on Monday. They were taken to St. John Medical Center for treatment, and their condition is currently unknown.