Biz Buzz
By Jim Martin, Doug Oathout Erie Times-News staff bloggers
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Posted: October 11th, 2012
Giant Eagle announces price cuts

The Pittsburgh-based Giant Eagle chain has announced new price freezes that the company says are designed to limit uncertainty at the cash register.

The company, which has numerous locations in Erie and Crawford counties, said it is freezing prices through the end of the year on some of the most commonly purchased items.

Some of the products and their prices include: whole fryer chickens for 97 cents a pound, boneless chicken breasts for $2 a pound, and Giant Eagle white bread for 99 cents a loaf.

Rob Borella, the company’s senior director of marketing and corporate communications, said the program was designed to hold down already reduced prices.

“Consumers have been feeling the impact of rising food costs, driven by commodities like corn and been that have been affected by fuel and transportation costs, even things like the drought from last summer,” Borella said.
“This is intended to help customers better manage that uncertainty and lower their costs.”

Giant Eagle’s move follows by about six weeks an announcement by Wegmans, which has two grocery stores in Erie County, that it was rolling out its latest seasonal “freeze list” of 65 prices that won’t be changed through the end of the year.

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