AHOLD Giant to close five stores

Retail :  News

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AHOLD Giant to close five stores

In the USA, Ahold owned Giant Food has said that it will close five of its oldest stores, including three in the Baltimore area, as the retailer focuses on larger and new locations. "They're smaller stores," said Giant spokesman Barry Scher. "It's just not economically plausible to bring them up-to-date. We still have an aggressive marketing effort under way and are constantly looking for sites to develop new stores," he said. "If anything, we're accelerating the store remodeling program to bring older stores up-to-date."