The Giant Co. has entered into a purchase agreement with Bob and Joe Appleby to acquire Everett Foodliner and Saxton Market, two grocery stores located in Bedford County, Pennsylvania. The transaction includes both the real estate and related grocery and fuel business assets. The financial terms of the transaction were not disclosed.
“Giant’s story began more than 100 years ago when two brothers opened our very first store in Carlisle, Pennsylvania,” said President John Ruane. “We are honored that the Appleby Family has placed their trust in us and chose us to continue their legacy of serving families in Everett and Saxton.”
The Everett Foodliner is located at 250 West Main St. in Everett, and the Saxton Market is located at 509 Main St. in Saxton.
“While it was a difficult decision to make, we are pleased by the care Giant has shown for our business, employees and customers,” said Bob and Joe Appleby. “We know our family business is in good hands with Giant and we can’t wait to celebrate with them when the stores reopen later this year.”
Upon completion of the sale, The Giant Co. will temporarily close both stores for a remodel. Additional details on amenities, hours, and opening dates will be shared at a later date. Employees of Everett Foodliner and Saxton Market will have the opportunity to interview for positions with The Giant Co..
“Expanding in existing markets is a key element of Giant’s strategic growth plan,” Ruane continued. “We look forward to working closely with Bob and Joe on the transition, welcoming our new team members, and delivering value, freshness, and kindness to our new customers.”
The company operates four Martin’s stores in the Altoona-Johnstown market, employing nearly 600 people.
About The Giant Co.
Founded and based in 1923 in Carlisle, Pennsylvania, The Giant Co. has nearly 200 stores, online grocery services, pharmacies and fuel stations to meet the ever-evolving needs of today’s customers and communities. The Giant Co. is a company of Ahold Delhaize USA.