Giant Food moving headquarters back to Prince George's County
LANDOVER, Md. (ABC7) —
After a nearly 20 year absence, Prince George’s County announced Thursday that Giant Food will move its headquarters back to Landover.
A statement from County Executive Rushern Baker’s office says the move will bring 220 jobs to the county.
Some employees will transfer from the current headquarters in Carlisle, Pennsylvania, while 78 of the jobs are expected to be new hires in Maryland.
Giant Food took its headquarters out of Landover after merging with its sister company Giant Martin’s in 1998.
The announcement brings good economic news to Prince George’s just two weeks after the county learned it was not a finalist to land Amazon’s headquarters, which is expected to bring around 50,000 jobs. D.C., Montgomery County and Northern Virginia did make Amazon’s finalist list.
Giant rejoins several other large companies such as Thompson Creek Windows, apartment company Bozzutto, and digital education company 2U Inc. with headquarters in Prince George’s.
A county spokesperson says Giant is remodeling the building its headquarters used to be in, which is on Professional Place in Landover not far from the New Carrollton Metro station and also very close to 2U Inc.’s headquarters.
The county sent ABC7 News job numbers indicating it has led the state of Maryland in job growth for four straight quarters.
Although competition has increased dramatically in recent years, Giant still has the number one share of the grocery market in the D.C. area, with nearly twice the market share of rival Safeway in numbers from 2016.
Read Baker's statement in full below:
“On behalf of the residents and business community of Prince George’s County, I want to welcome back Giant Food to their home and newly renovated headquarters in Landover, MD. When Giant Food moved their headquarters out of Prince George’s County to Pennsylvania following their 1998 merger with sister company Giant Martin’s, our County was disappointed yet resilient and vigilant for them to someday return to Landover.
Today, we celebrate Giant Food having its headquarters in Prince George’s County once again. We are proud that Giant Food is returning to a Prince George’s County that is as economically strong as we have ever been throughout our history. Prince George’s County has led the State of Maryland in job creation for the last 4 reporting periods. Last month, the United States Bureau of Labor Statistics ranked the County 21st in the nation in terms of job growth – highest in the State of Maryland and in the National Capital Region.
We have quickly and intentionally become the economic engine of the State and Region and today’s news about the return and relocation of Giant Food is a testament that we are the ‘place to be’ for businesses to grow, prosper, and expand.”