GIANT ANGLES TO BOOST SAME-STORE SALES

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

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.

"While we h

Register to view the full article

test - Advanced Registered User

Already a member? .