Delhaize: Price War in South

Against a backdrop of slowing inflation and heightened competition, Delhaize Group eked out increases in sales, margins and profits for the second quarter. The company noted competition was especially rough in the Southeast, where the borderline irrationality of price promotions in the first quarter became the new reality in the second quarter, according to Rick Anicetti, chief executive

BRUSSELS — Against a backdrop of slowing inflation and heightened competition, Delhaize Group eked out increases in sales, margins and profits for the second quarter.

The company noted competition was especially rough in the Southeast, where the “borderline irrationality” of price promotions in the first quarter became “the new reality” in the second quarter, according to Rick Anicetti, chief executive officer of Food L

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