BELGIUM/US: Delhaize plans cost cuts at Food Lion
Belgian retailer Delhaize is planning a number of cost-cutting measures at its US Food Lion unit. The company has again lowered its sales and earnings forecasts for 2002, due in part to the state of the US economy where Delhaize carries out most of its operations. Delhaize has said that business at its US retail chains Food Lion and Kash n' Karry has been worse than expected in recent months, reported Reuters.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- ABF on Brexit, M&A and grocery - interview
- Can manufacturers revitalise shopper experience?
- Nestle unveils process to cut sugar by 40%
- Japan's Nagatanien buys Chaucer Food Group
- General Mills jobs to go in business revamp
- B&G acquires pasta sauce group Victoria Fine Foods
- Tyson sets up US$150m investment fund