Management changes at Delhaize raise concerns Archives - Just Food
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Management changes at Delhaize raise concerns

Talking shop: Delhaize CEO appointment brings uncertainty

Shares in Belgian retailer Delhaize Group slid in morning trade today (4 September) as investors responded to the appointment of former Metro Group executive Frans Muller as CEO. While Muller has extensive retail experience, he...

Talking shop: Delhaize better positioned in US following disposal

Talking shop: Delhaize better positioned in US following disposal

Belgium-based retailer Delhaize is to sell its Sweetbay, Harveys and Reid's chains in the US to Winn-Dixie owner Bi-Lo. The move could reduce earnings in the short term but should provide the group with the opportunity to improve its balance sheet and, significantly, will help position its US operations for long-term growth. Katy Askew reports.

On the move: Beckers departure could herald Delhaize shake-up

On the move: Beckers departure could herald Delhaize shake-up

Delhaize Group is on the look-out for a new chief executive. The Belgium-based retail giant yesterday (8 May) issued a shock announcement revealing that CEO Pierre-Olivier Beckers plans to retire after 15 years at the helm. Michelle Russell takes a look at the shape Beckers will leave Delhaize in and the impact his departure could have on the grocer.

GERMANY: Metro to cut 900 jobs globally

German retailer Metro Group has confirmed it will make around 900 job cuts globally as part of a cost-cutting initiative unveiled in May. Metro announced plans to focus on reducing…