BRUSSELS — Price investments in its banners on both sides of the Atlantic and a strong performance of private brands helped Delhaize Group post a 24.4% increase in net profits during the fiscal first quarter, the retailer here said Wednesday. Delhaize reported net earnings of $169.2 million on overall sales of $6.8 billion. Sales increased by 3% overall, with comparable store sales in the U.S. improving by 2% to $4.7 billion. All of Delhaize’s U.S. banners made price investments during the ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

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 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.

Already registered? here.