FOR IMMEDIATE RELEASE
FEDERAL TRADE COMMISSION APPROVES GIANT FOOD STORES ACQUISITION OF FIVE SHOP ‘N SAVE STORES
Following one‐week conversion, stores will open as MARTIN’S Food Markets on April 5
Carlisle, PA (Feb 25, 2019) – The Federal Trade Commission has approved the proposed acquisition of five corporately‐owned Shop ‘n Save locations from SUPERVALU INC., a newly acquired subsidiary of United Natural Foods (UNFI). This follows the purchase agreement announced by GIANT Food Stores on Nov. 6, 2018.
The following stores are part of the sale:
- 22401 Jefferson Boulevard, Smithsburg, Md.
- 500 North Antrim Way, Greencastle, Pa.
- 409 North McNeil Road, Berryville, Va.
- 147 Roaring Lion Drive, Hedgesville, W. Va.
- 1317 Old Courthouse Square, Martinsburg, W. Va.
The five stores will temporarily close on March 27 at 6 p.m. to begin the conversion to MARTIN’S Food Markets. All five stores will receive extensive remodels and reopen to customers on April 5 at 8 a.m.
“Our team is really excited to bring MARTIN’S Food Markets to these vibrant communities,” said Nicholas Bertram, president, GIANT Food Stores. “We put our customers at the heart of everything we do, and with the addition of these locations, our new neighbors can count on farm fresh produce and quality products their families will love.”
When the stores reopen as MARTIN’S, customers will find low prices on an expanded variety and assortment of local products, including a farm fresh produce department with more than 300 items. In addition, customers will also be able to sign up for a MARTIN’S BonusCard, which offers access to weekly promotions and sales, coupons and gas rewards.
MARTIN’S also has a convenient mobile app that provides easy access to personalized digital coupons, mobile shopping lists and much more.
The completion of the acquisition follows a series of strategic investments that the company has recently made to its store fleet and family of brands within Pennsylvania, including the recent opening of the first GIANT Heirloom Market in Philadelphia, where three additional locations are planned to open this year; the grand opening of its new GIANT DIRECT e‐commerce hub in the city of Lancaster and new stores opening this year in the East Stroudsburg and Walnutport communities.
About GIANT Food Stores, LLC
GIANT Food Stores, LLC has more than 170 neighborhood stores and offers home delivery, online/mobile ordering, fuel centers, pharmacies, plus in-store nutritionists. Serving families in Pennsylvania, Maryland, Virginia and West Virginia, GIANT Food Stores is proud to employ nearly 30,000 associates who believe in giving back to their community. The GIANT Family of Brands includes GIANT, MARTIN'S Food Markets, and GIANT Heirloom Market. Founded in 1923 in Carlisle, Pennsylvania, GIANT Food Stores is a company of Ahold Delhaize. For more information visit the GIANT or MARTIN'S websites.