Delhaize Group said Thursday that “substantial” inflation helped the retailer post a 3.3% gain in comparable-store sales during the fiscal second quarter. Underlying profits in the U.S. decreased only slightly as the company continued to invest in prices as part of the ongoing repositioning of its Food Lion stores but also began to lap the initiation of such investments a year ago. Delhaize’s overall performance was impacted by struggles in its native Belgium market, ...
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