Delhaize: Price Cuts Structural

BRUSSELS Competitors looking to keep pace with the ongoing price reductions at Delhaize Group's U.S. banners had better come prepared to battle. That's the word from Delhaize officials who insisted last week that the recent price adjustments at Food Lion are structural in nature and built to last. We're not making assumptions that sales alone are going to pay for the kinds of investments that we're

BRUSSELS — Competitors looking to keep pace with the ongoing price reductions at Delhaize Group's U.S. banners had better come prepared to battle.

That's the word from Delhaize officials who insisted last week that the recent price adjustments at Food Lion are structural in nature and built to last.

“We're not making assumptions that sales alone are going to pay for the kinds of investments that we're making in lower prices,” Rick Anicetti, chief executive officer of De

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