A little more than a month after Giant opened a flagship store at Riverwalk in Center City, the company is accelerating its growth in Philadelphia and plans four additional stores in the city.
The company plans to open one of its Heirloom stores in 32,000 square feet at Fashion District Philadelphia and three Giant stores. Fashion District is owned by Macerich Cos. (NYSE: MAC) and is representative of how mall owners are incorporating a variety of uses in their retail properties.
The location of the new Giant stores had previously been confirmed by the company though their sizes now disclosed as 46,000 square feet on Columbus Boulevard at the corner of Reed Street; a 50,000-square-foot store on North Broad Street at the corner of Spring Garden Street; and a 40,000 square foot store at Tower Investment’s project at South Broad Street at the corner of Washington Avenue. When the stores will be opened weren’t disclosed by the Carlisle company.
Giant employs 600 people in Philadelphia and expects to hire another 700 employees for the four new locations.
*Article courtesy of Philadelphia Business Journal
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