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 ...
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 complimentary access to the SN salary survey data tables.
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.