Delhaize Group

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BELGIUM: Delhaize CEO to retire, returns to Q1 profit

8 May 2013

Belgian retailer Delhaize Group revealed this morning (8 May) its CEO Pierre-Olivier Beckers is to step down as it recorded a "strong" first-quarter, moving to profit and booking sales gains.

BELGIUM: Delhaize books further US sales rebound

22 Apr 2013

Shares in Delhaize Group jumped this morning (22 April) after the Belgium-based retailer said efforts to turn around its US business are continuing to bear fruit.

Editor's choice: the highlights on just-food last week

11 Mar 2013

In a week of results from major retailers, Carrefour cheered the market with improvement in France, upmarket UK grocer Waitrose highlighted its strong year and Belgium's Delhaize insisted its business in the US would improve. Elsewhere across the Atlantic, meat processor Smithfield Foods faced calls from a major investor to consider dividing in three.

On the money: Delhaize eyes "stabilisation" of US margins

7 Mar 2013

Belgium-based retailer Delhaize Group has said it expects a "progressive stabilisation" of its operating margins in the US as it focuses on improving profitability and productivity across the business.

What the analysts say - Concern over US clouds Delhaize results

7 Mar 2013

Belgium-based retailer Delhaize Group this morning (7 March) reported a drop in profits in 2012 as costs from store closures and impairment charges hit its bottom line. The retailer also cut its full-year gross dividend. Analysts gave a relatively upbeat view of the results but pointed to concerns over the group's US operations.

BELGIUM: Costs weigh on Delhaize FY profits

7 Mar 2013

Belgium-based retailer Delhaize Group saw profits slide in 2012 as costs from store closures and impairments charges hit its bottom line.

BELGIUM: Delhaize looks to raise C Market stake

11 Feb 2013

Belgium-based retailer Delhaize Group, has confirmed it is interested in purchasing a further stake in Serbian retailer C Market from the country's government.

Quote, unquote: just-food's week in words

11 Feb 2013

Few stories in recent months have caused as much comment as the horse meat scandal, which last week deepened with the news Findus lasagne sold in the UK contained the ingredient. Elsewhere, Dairy Crest said potential takeover targets wanted too much money, Nestle found another country looking at the implications of its Pfizer infant formula acquisition and Kraft Foods Group went to court over the Cracker Barrel trademark.

BELGIUM/US: Delhaize to cut 500 posts in US

8 Feb 2013

Belgium-based retailer Delhaize Group, which runs chains including Food Lion and Hannaford in the US, is to cut 500 jobs from its business across the Atlantic.

US: 99 Cents appoints Anicetti interim CEO

24 Jan 2013

US discount retailer 99 Cents Only Stores has appointed an interim CEO in a bid to build on its previously announced accelerated growth strategy.

BELGIUM/US: Delhaize shakes up US management

10 Dec 2012

Belgian retail giant Delhaize Group has reshuffled its senior management team in the US, where sales and profits have fallen this year.

US: Mondelez R&D site still closed after Hurricane Sandy

1 Nov 2012

Global snacks group Mondelez International has revealed an R&D site in New Jersey is still closed in the wake of the super storm Hurricane Sandy that swept across the eastern parts of the US this week.

US: Food sites remain closed after Hurricane Sandy strikes

30 Oct 2012

Food manufacturers in the US, including Hershey and Nestle, have kept sites closed after Hurricane Sandy hit the east of the country last night.

US: Smith to head up Delhaize US operations

30 Aug 2012

Belgian retailer Delhaize has appointed Roland Smith to head up its US division.

Editor's choice: the highlights on just-food this week

24 Aug 2012

Europe's food sector saw its latest piece of consolidation this week with Orkla's bid to buy Nordic rival Rieber & Son. Elsewhere, US food group Hain Celestial continued its UK expansion with its deal to acquire brands from Premier Foods. Tesco grabbed the headlines with its U-turn on nutrition labels and we had a run of retail results from grocers including Ahold, Delhaize and Russia's X5 Retail Group.

On the money: Delhaize to "redouble" efficiency efforts with new plan

23 Aug 2012

Belgian retailer Delhaize, which saw profits fall in the first half of the year, is preparing a new efficiency plan to redouble efforts to save costs.

BELGIUM: Retailer Delhaize issues profit warning

3 May 2012

Shares in Delhaize Group fell today (3 May) after the Belgium-based retailer forecast its underlying operating profit could be down by as much as 20% this year.

UK: Asda appoints Smith as marketing officer

19 Mar 2012

The marketing chief of Wal-Mart Stores' operations in China, Stephen Smith, has been appointed to lead the marketing for the retail giant's UK unit, Asda.

BELGIUM: Delhaize speeds up revamp as FY profits slide

8 Mar 2012

Belgium-based retailer Delhaize Group said it will accelerate the remodelling of its stores in the US and Belgium after booking a drop in full-year profits.

Quote unquote: just-food's week in words

13 Jan 2012

Major UK retailers reported a bit of a mixed Christmas, with Tesco's shares sliding following a trading announcement, while Sainsbury's claimed a "record-breaking" festive period. The fortunes of US baker Hostess Brands are more clear cut. The company this week entered Chapter 11 bankruptcy protection for a second time.

BELGIUM/US: Delhaize to close 146 stores, shed 5,000 jobs

12 Jan 2012

Belgium-based retailer Delhaize Group today (12 January) announced plans to close over 140 stores in the US and Europe, resulting in the loss of 5,000 jobs.

BELGIUM/ROMANIA: Delhaize silent on Romania rumours

20 Sep 2011

Belgium-based retailer Delhaize Group has not commented on reports that it has acquired Romania's Gimrom Holding.

WORLD: Consumer Goods Forum unveils health drive

15 Jun 2011

The Consumer Goods Forum has unveiled a new set of industry-wide resolutions designed to promote health and wellness.

US: Delhaize Group profit hit by strategic spending

4 May 2011

Belgian grocer Delhaize Group saw first quarter profit decline as it said it invested in strategic repositioning initiatives.

The just-food management briefing - the globalisation of food retail

21 Mar 2011

Facing mature markets at home and a supplier base becoming ever-more international in scope, the world's largest grocers are expanding worldwide at a rapid rate. In this just-food management briefing, Glynn Davis explains why globalisation is becoming a key feature of the food-retail landscape, which retailers are at the forefront of this trend and which markets the companies are targeting in their quest for growth.

US: Delhaize to rebrand 15 Bloom outlets

15 Mar 2011

Delhaize has said it plans to rebrand 15 of its Bloom stores in North Carolina and South Carolina under the Food Lion banner, as part of plans that will also see the closure of one outlet.

Quote, unquote: just-food's week in words

11 Mar 2011

This week featured the surprise news that Morrisons acquired a stake in US online grocer Fresh Direct, while Greencore was outfoxed in its bid to acquire Boparan. Meanwhile just-food attended the Westminster Food and Nutrition Forum. Here's the best of what was said this week:

BELGIUM: Cost focus, sales growth help 2010 profits at Delhaize

10 Mar 2011

Delhaize, the Belgium-based retailer, today (10 March) posted a near 12% rise in profits for 2010 amid higher sales and a continued focus on costs.

Best bits: Europe's food retailers grab the headlines

7 Mar 2011

With spin offs, a significant acquisition and the entry of a new chief executive, Europe's largest food retailers dominated industry headlines last week.

Talking shop: Are the Balkans to become the next retail battleground?

4 Mar 2011

After a long and drawn-out courtship, it was announced yesterday (3 March) that Belgium's Delhaize has acquired Delta Maxi, the retail arm of Serbia's largest company by turnover, Delta Holdings. The move represents the first significant foray by one of Europe's retail giants into the region and significantly expands Delhaize's reach in the area. Katy Humphries reports.





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