"We committed to hire the majority of the staff from the local neighborhood and we have hired over 100 individuals from within the Brentwood community to work in our new store," Giant president and CEO Dick Baird notes. "In addition, the store was constructed under an agreement we signed with the city so that a majority of the construction workforce was comprised of local contractors from within the District of Columbia."

The store also includes a pharmacy, an increasingly common feature in Giant locations. Outside of industry leader CVS, the grocery store chain is among the largest drug store competitors in the city, having commanded a market share of 10.8% in 2001.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.