LANDOVER, Md. (FNS) -- Executives at Giant Food here "are not pleased" with the chain's flat first-half same-store sales but expect increased promotions and a Mid-Atlantic economic turnaround to rekindle business, Pete Manos, president and chief executive officer, told shareholders at the company's annual meeting.
Giant also announced at the meeting that Manos has added the title of chairman of the board. Israel Cohen, Giant's previous chairman, died last November.
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