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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.
Additional details on Giant Eagle's business model, revenue model and operations. Giant Eagle, Inc. is a privately held business, operating as a food retailer and distributor. Giant Eagle, which was formerly known as Eagle Grocery, is engaged in the ownership and operation of supermarkets, and fuel and convenience stores in western Pennsylvania, West Virginia, Ohio, and Maryland.