BRUSSELS — Delhaize Group on Thursday posted increases in sales, margins and profits for the second quarter, but noted competition had heightened and reiterated a grim forecast for the second half of the year. The company noted competition was especially rough in the Southeast, where aggressive price competition and slowing inflation pressured Delhaize’s Food Lion banner, according to Rick Anicetti, chief executive officer of Food Lion, speaking in a conference call. “It is very ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.