BRUSSELS — Price and service investments at the Food Lion banner continued to pressure profits for Delhaize Group, but officials last week insisted the strategy was revitalizing the struggling franchise. Ron Hodge, chief executive officer of Delhaize America, in a conference call last week said comparable-store sales at Food Lion stores that were repositioned in the first two phases of the Food Lion rebranding program have improved by more than 3%, and that the company expects the ...
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