Business & Tech

Giant Spends $454K For Liquor License In Abington

Giant Food Stores is dropping $454K to buy a liquor license in Abington.

ABINGTON, PA -- Giant Food Stores is dropping $463K to buy a liquor license in Abington.

The purchase came as part of the Pennsylvania Liquor Control Board's statewide auction of expired restaurant licenses. A total of 50 expired licenses from 48 counties around the state were up for auction, whose top bidders were confirmed on Tuesday.

The state is required to sell expired licenses as part of Act 39, passed in 2016.

Find out what's happening in Abingtonfor free with the latest updates from Patch.

Abington's Giant, then, could soon begin selling alcohol. This would put them into direct competition with the Wegmans just a few miles away in Warrington.

In January, a beer garden and eatery opened at the Royersford Giant, located on 1824 Ridge Pike. Including Royersford, a total of 33 Giants now sell beer across Pennsylvania.

Find out what's happening in Abingtonfor free with the latest updates from Patch.

The only other purchase made in the Philadelphia area was also made by Giant. The chain dropped $454K for a license in Phoenixville. Giant ultimately purchased several of the 50 licenses up for auction. Only Sheetz paid more for licenses.

Patch file photo

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