Giant Eagle said Thursday that it would close all eight of its Good Cents Grocery + More stores.
The closures, set for March 26, will take the Pittsburgh-based chain out of the discount grocery business it had been experimenting with since 2008.
“While our Good Cents locations initially gained popularity, numerous business and economic factors have made it difficult to continue to successfully deliver the shopping experience customers have come to expect from Good Cents,” Giant Eagle spokesperson Dan Donovan said in a statement. “We greatly appreciate the loyalty and patronage we have received since the stores’ openings.”
The Good Cents Grocery + More shopping experience focuses on lower operating costs, without compromising quality or a clean and safe shopping environment. The banner was introduced in 2012 in Pittsburgh and later rolled to existing company owned discount stores operating under the Valu King banner.
The closures come only months after Delhaize closed its discount banner, Bottom Dollar Foods, whose entry into the Western Pennsylvania market was thought to have sparked Giant Eagle’s Good Cents response. Aldi acquired the Bottom Dollar store sites, but it was unclear how many would reopen as Aldi stores.
Giant Eagle said it was working to identify open positions at its Gant Eagle stores for employees who will be affected by the closure.
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