BRUSSELS, Belgium -- Citing aggressive promotional activity in the Food Lion division, and benefits lagging investments at Sweetbay and Hannaford, Delhaize Group last week predicted only modest sales and earnings growth for fiscal 2005. Delhaize, which operates the Food Lion, Sweetbay/Kash N' Karry and Hannaford banners, expects comparable-store sales in the United States to grow between 0.5% and 1% for the fiscal year. Pierre-Olivier Beckers, president and chief executive officer of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.