Analysts Weigh In on Giant's Purchase of Genuardi's

Analysts Weigh In on Giant's Purchase of Genuardi's

CARLISLE, Pa. — Giant Food Stores here last week agreed to purchase 16 Genuardi’s stores from rival Safeway for $106 million, a move that will further grow Giant’s rapidly expanding share of the Philadelphia market and could spell the end of the 92-year-old Genuardi’s Family Markets banner.

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