Delhaize Looking to Step Up New-Store Growth

With investments in transforming the Kash n’ Karry banner to Sweetbay complete, Delhaize Group can devote more of its capital resources to new stores in its Hannaford and Food Lion divisions, said Craig Owens, chief financial officer, Delhaize, speaking at the Goldman Sachs Global Retailing Conference last week.

NEW YORK — With investments in transforming the Kash n’ Karry banner to Sweetbay complete, Delhaize Group can devote more of its capital resources to new stores in its Hannaford and Food Lion divisions, said Craig Owens, chief financial officer, Delhaize, speaking at the Goldman Sachs Global Retailing Conference here last week. Delhaize’s Hannaford banner is looking to add around 10 new stores a year, while Food Lion and its associated banners intend to step up their pace of around 35 new sto

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