An initiative ofPittsburgh Tomorrow
Sports
Sports

Giant Eagle takes another trip down the acquisitions aisle with Kroger

TBD
Cincinnati-based Kroger is buying Giant Eagle . But this isn’t the first time the two supermarket chains have gone down the acquisitions aisle together.  The two grocery chains first got hitched in 1928, when Kroger bought the Eagle Grocery Company, a local chain with 125 stores and deep ties to Pittsburgh Jewish history. The announcement reunites two historic supermarket brands in a single company. The last time Kroger did business in Pittsburgh was in 1984. It departed in the early days of a strike that closed most of its Pittsburgh stores. Kroger, which did not respond to requests for an interview, will be keeping the Giant Eagle brand name after the $1.65 billion sale. That’s a good thing, because like Alcoa, U.S. Steel, the Steelers, and even Primanti’s, Giant Eagle is part of Pittsburgh’s identity. Giant Eagle and Kroger stores frequently operated within sight of each other, like these Centre Avenue stores in Oakland. Credit: Photo from the Pittsburgh City Photographer Collection, Archives & Special Collections, University of Pittsburgh Library System, via historicpittsburgh.org. “It’s in a very rarefied space in terms of businesses that have local recognition and that level of not only ubiquity, but also are sort of synonymous with the city in some way,” says Eric Lidji , the Heinz History Center’s Director of Rauh Jewish History Program & Archives. Pittsburgh City Paper reached out to Lidji to dig into Giant Eagle’s early history in Pittsburgh and its connections to Jewish history. Giant Eagle had been a family business with ownership and control kept among the members of the original founding families since the 1910s, even before the original company’s incorporation in 1920. That all changed when the board of directors in 2023 ousted then-CEO Laura Shapira Karet, whose grandfather Saul Shapira had married into one of the original families, and replaced her with longtime employee, Bill Artman. Those family
Sources: city_paper

More Like This

Feedback