Belgian supermarket group Delhaize SA said sales at its Belgian operation showed a further improvement in the second quarter of the current fiscal year.
Arthur Goethals, the company’s chief executive for Western and Central Europe, said that the sales progression in the second quarter had shown an improvement on first-quarter revenue growth. The company had previously said that comparable store sales rose by 0.2% in the first quarter, reversing the negative trend of the previous three quarters.
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The improvement was attributed to earlier opening hours and careful price control, while the hot weather had also contributed, Goethals said.
While the group’s Belgian operation has been struggling as a result of tough competition from discounters, the Belgian-based group actually does around 75% of its business in the US, where it said comparable store sales had increased by 1.4% in the first quarter.
In addition to the improvement in Belgian like-for-like sales, Delhaize’s acquisition of the 43-store supermarket chain Cash Fresh last May has boosted the company’s market share.
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By GlobalData
