Delhaize to Step Up New Store Growth

On the heels of posting its best U.S. annual comparable-store sales gains in a decade, Delhaize Group here will step up store growth in fiscal 2008, particularly in its Food Lion division, the retailer said Thursday.

BRUSSELS — On the heels of posting its best U.S. annual comparable-store sales gains in a decade, Delhaize Group here will step up store growth in fiscal 2008, particularly in its Food Lion division, the retailer said Thursday. Delhaize said it would spend around $750 million in capital expenditures in the U.S. in fiscal 2008, with plans to build between 50 and 55 new stores, including 45 in its Food Lion division, which includes the Food Lion, Bottom Dollar, Bloom and Harveys banners. Delhai

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