We are very pleased to be extending our relationship with FreeMarkets, said David Shapira, Chairman and CEO of Giant Eagle. Giant Eagle is continually implementing e-business solutions that enhance our business and our offering to customers. By leveraging the eSourcing technologies and services provided by FreeMarkets, we have been able to create successful online markets for a wide range of goods and services, and these markets have generated savings and efficiencies that benefit our operations and customers across the Tri-State region.
To date, Giant Eagle has bid more than $150 million in goods and services through FreeMarkets and identified savings of more than $10 million. Among the goods and services Giant Eagle has sourced through FreeMarkets: transportation, construction, merchandising, marketing, office supplies, information technology equipment and more.
As the first grocery retailer to use FreeMarkets to source goods and services, Giant Eagle pioneered the use of eSourcing solutions in the retail industry, said Glen Meakem, Chairman and CEO of FreeMarkets, Inc. We are very pleased to be extending our relationship with Giant Eagle and look forward to continuing our work to create successful online markets that generate savings and efficiencies for their organization.
About Giant Eagle
Founded in 1931, Giant Eagle, Inc. operates 108 corporate and 93 independent stores throughout western Pennsylvania, northeastern Ohio and north central West Virginia. By offering modern stores with a wide range of departments and services, and involvement in numerous community activities, Giant Eagle strives to continually serve their customers better.