Giant Eagle Offering Employee Buyouts

Total Retail’s Take: Giant Eagle is trying to keep itself profitable. One analyst is quoted that the employees who have been offered buyouts are older and ready for retirement. Other grocery chains have been repositioning themselves as competition grows from online delivery services and falling food prices. The Bureau of Labor Statistics said food-at-home prices have declined nearly 2 percent in the last year, with most of that drops in prices for meats, poultry, fish and eggs.