Woodies, Giant Food Inc. Report Sharp Profit Rise: Pahco. Baltimore ...
New Giant Food O Street Market store in the District, a night scene at Woodies and Ginn delivery truck.</br></br>The biggest supermarket and department store chains in the Washington area yesterday reported sharp increases in both sales and profits for the third quarter of 1979, indicating that local retail trade is flourishing despite the recession.</br></br>Giant Food Inc. posted a 27 percent increase in profits and reported that sales for the late.st three-month period were continuing to run 15 percent ahead of a'year ago.</br></br>' Woodward & Lothrop reported a 32 percent jump in profits and said a soft sales trend shown earlier in the year has ended. Third-quarter;volume was up more than 15 percent.</br></br>. Improved sales and_-.profits were also reported yesterday-by M.S.. Ginn, the largest office Û÷supply dealer in Washington and by Pubco, a major printing company. 'Lower earnings were posted by /Owens, Minor & Bo-deker, a Richmond" medical supply firm, and by Federal Real Estate Investment Trust.