SALISBURY, N.C. -- Following two acquisitions last year, Food Lion will continue to pursue an acquisition strategy while maintaining a program of store growth, according to the chain's annual report. als and build value for shareholders into the future," Tom E. Smith, chairman, president and chief executive officer, wrote in his shareholder letter in the report. Smith said Food Lion grew "in a new way" last year with the acquisition in March of Food Fair, a seven-unit operator in ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.