Delhaize Group officials on Thursday said a need to generate greater scale to provide fuel for investment is sparking industry consolidation in the U.S. — and by extension, its own talks of a merger with rival Ahold....More
From DutchNews.nl: People who work for the Delhaize supermarket group are unhappy about the possible merger between their Belgian employer and Dutch retail group Ahold, according to local media reports....More
Delhaize America, the U.S. arm of Delhaize Group, Brussels, encompasses 1,108 Food Lions, 187 Hannafords and 66 Bottom Dollar Food Stores. It has agreed to sell the Bottom Dollar stores, whose sales are estimated at $718 million, to Aldi. Delhaize America accounts for approximately 57% of the parent company’s estimated sales of $32.2 billion (U.S.).