Delhaize America
Data: North America
- Location: Salisbury, N.C.
- Top Executive: Pierre Olivier-Beckers, CEO
- Corporate Stores: 1,586
- Sales in $ Billions: 18.2 est.
- Date FY Ended: 12/29/07
- Website: www.delhaizegroup.com
Overview
Delhaize America, the U.S. division of Brussels-based Delhaize Group, encompasses 1,159 Food Lions, 165 Hannaford Bros. stores, 105 Sweetbays, 69 Harvey’s, 61 Bloom units and 27 Bottom Dollar stores. Delhaize America accounts for approximately 65% of 2007 sales at Delhaize Group, which are estimated to be $27.9 billion.
Recent articles on Delhaize America
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Delhaize Names Messier to New Role
Mark Messier has been named vice president of U.S. supply chain for Delhaize Group to oversee the creation of what the company calls a one-of-a-kind supply chain that will benefit all of the group's U.S. operating companies. He previously was vice president of retail services at Delhaize's Food Lion banner. Greg Finchum was named to succeed him. Finchum
Sweetbay Introduces New Price Icons
Sweetbay Supermarkets recently rolled out new icons to call attention to its everyday low price positioning.
Delhaize Cuts Costs, Sees Better 2nd Half Ahead
Delhaize expects to see opportunities for margin improvement in the second half as it implements a 60 million euro ($93 million U.S.) cost-cutting initiative, the company said in a conference call last week discussing second-quarter earnings. Last month, the company had projected soft results for the quarter, citing economic pressures on consumers, and it lowered its outlook for sales and
THE WEEK IN STOCKS
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, AUG. 7, 2008 MARKET SUMMARY gainers 13 losers 10 unchanged 1 Ahold +16.71% Delhaize (ADR) +8.91% Metro +8.37% MOST ACTIVE BY VOLUME Wal-Mart 106,278,717 Target 37,957,828 Kroger 25,441,864 AS PERCENTAGE OF SHARES OUTSTANDING BJ's Wholesale Club 11.54% Winn-Dixie 10.82% A&P 8.23% Empire -28.41% Winn-Dixie -16.68% Whole Foods
Food Lion Taps Herndon as CFO
Food Lion has promoted Carol Herndon to chief financial officer and chief administrative officer and Robert Canipe to senior vice president of corporate development. The chain had not had a CFO, a spokeswoman told SN. Herndon will be responsible for all corporate development, which includes real estate, store development, mergers and acquisitions,
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