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Gordon Reid opened the first Giant Tiger store, on George Street in Ottawaâs Byward Market, on May 13, 1961, with a $15,000 investment. First-year sales of $139,781 were far lower than Reid had anticipated, and by the end of 1962 he decided to close the store.
In 1962, Giant opened its first combination food store and pharmacy located in Glen Burnie, Maryland, in the Southdale Shopping Center. Israel Izzy Cohen inherited the family mantle in 1964 and built the company into the 12th-largest food chain in the United States. 1990s. Cohen died in 1995 at the age of 83.