Pierre-Olivier Beckers has been fond of saying lately that the Delhaize Group, not unlike George Washington crossing the Delaware, is “in the middle of the river” on its way to the other side. Thus far, the waters have been choppy, as the challenging economy and other factors led to a U.S. sales decline of 1.2% in the first quarter of 2012. Delhaize’s journey began in 2010 when the Belgium-based food retailer launched its “New Game Plan,” a sweeping ...
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