Delhaize to Step Up New-Store Growth

With investments in transforming the Kash n' Karry banner to Sweetbay now 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 of the retailer, speaking at the Goldman Sachs Global Retailing Conference earlier this month. Delhaize's Hannaford banner is looking to add around

NEW YORK — With investments in transforming the Kash n' Karry banner to Sweetbay now 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 of the retailer, speaking at the Goldman Sachs Global Retailing Conference here earlier this month.

Delhaize's Hannaford banner is looking to add around 10 new stores a year, while Food Lion and its associated banners intend to step

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