Supermarket Recovery Hinges on Jobs: Delhaize Group

While economic forecasters say the recession is ending and growth is just ahead, it could be longer until food retailers see a recovery at the checkout line. So said officials of Delhaize Group last week at the Goldman Sachs 16th Annual Retail Conference here. There's a clear difference between consumer confidence and what the economists see, said Geert Verellen, director of investor relations

NEW YORK — While economic forecasters say the recession is ending and growth is just ahead, it could be longer until food retailers see a recovery at the checkout line.

So said officials of Delhaize Group last week at the Goldman Sachs 16th Annual Retail Conference here.

“There's a clear difference between consumer confidence and what the economists see,” said Geert Verellen, director of investor relations for the Brussels-based retailer. “What we think is going to high

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