GIANT FOOD RESETS ITS BUSINESS PLAN

LANDOVER, Md. -- Giant Food here unveiled a wide-ranging business plan that will reshape everything from the pace of store expansion to the strategy for acquisitions, Pete Manos, chairman, president and chief executive officer, said in a speech.The program, intended to "restore the company to sound financial health," will aim to grow same-store sales and markedly reduce selling, general and administrative

LANDOVER, Md. -- Giant Food here unveiled a wide-ranging business plan that will reshape everything from the pace of store expansion to the strategy for acquisitions, Pete Manos, chairman, president and chief executive officer, said in a speech.

The program, intended to "restore the company to sound financial health," will aim to grow same-store sales and markedly reduce selling, general and administrative expenses, Manos said.

"Our business plan will result in what some of us

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