Giant Eagle, Inc.
 |
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| Private | |
| Industry | Retail (Grocery) |
| Founded | March 17, 1933 |
| Headquarters | O'Hara Township, Pennsylvania, United States |
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Number of locations
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229 |
|
Area served
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Pennsylvania, West Virginia, Ohio, Maryland, Indiana |
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Key people
|
David Shapira, Executive Chairman Laura Shapira Karet, CEO John Lucot, President and Chief Operating Officer |
| Products | Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor, lottery tickets, fuel, sushi, Western Union, money orders, dry ice, prepared foods, most now offering Betsy Ann Chocolates (www.betsyann.com) out of Pittsburgh, PA |
| Services | Convenience/Forecourt Store, Other Specialty, Supermarket, Gas Stations |
| Revenue |
 $9.3 billion USD (2011) |
|
Number of employees
|
36,000 |
| Website | gianteagle.com |
Giant Eagle is a supermarket chain with stores in the U.S. states of Pennsylvania, Ohio, West Virginia, Indiana and Maryland. The company was founded in 1918 in Pittsburgh, Pennsylvania and incorporated on March 17, 1933.Supermarket News ranked Giant Eagle No. 21 in the 2012 "Top 75 North American Food Retailers" based on 2011 fiscal year estimated sales of $9.3 billion. In 2005, it was the 32nd-largest privately held corporation, as determined by Forbes. Based on 2005 revenue, Giant Eagle is the 49th-largest retailer in the United States. As of Summer 2014, the company has approximately $9.9 billion in annual sales, Giant Eagle has 417 stores. The company also operates 168 fuel station/convenience stores under the GetGo banner.
The company operates its corporate headquarters in an office park in the Pittsburgh suburb of O'Hara Township.
After World War I, three Pittsburgh-area families--the Goldsteins, Porters, and Chaits--built a grocery chain called Eagle Grocery. In 1928, Eagle, now 125 stores strong, merged with Kroger Company. The three families agreed to stay out of the grocery business for at least three years.
Meanwhile, the Moravitz and Weizenbaum families built their own successful chain of grocery stores named OK Grocery. In 1931, OK Grocery merged with Eagle Grocery to form Giant Eagle, which was incorporated two years later. Giant Eagle quickly expanded across western Pennsylvania, weathering the Great Depression and World War II.
The chain remained based solely in western Pennsylvania until the 1980s, when it bought Youngstown, Ohio-based wholesaler Tamarkin Company, and its Valu-King stores that were converted to the Giant Eagle name. The Kent and Ravenna, stores were the first to be converted at that time; the Youngstown stores then got converted years later. Around mid or late 1990s, Giant Eagle later reached Cleveland by acquiring the Stop-n-Shop stores in the area. Stop-n-Shop stores were family owned and operated in different areas of Cleveland. 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.
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