Ahold to Cut Expenses, Pursue Expansion Program as Profit Beats Estimates Nov 18, 2009
Belgian rival Delhaize Group, owner of the U.S. Food Lion stores, would be a likely industry buyer of Ahold while U.K. market leader Tesco Plc should consider buying the Dutch company, ING analysts have said. To contact the reporter on this story: in Amsterdam. (Bloomberg -- Europe)
* Earnings reports fire up optimism, drive European rebound Nov 8, 2009
European stocks rebounded from a one-month low in the past week as better-than-expected earnings at companies from Swiss Reinsurance Co to Delhaize Group SA fed investors expectations that a seven-month rally will go on. Swiss Re, the worlds second-largest reinsurer, and Delhaize, the owner of Food Lion supermarkets, both gained more than 7 percent. (Taipei Times, Taiwan -- Sports)
Delphi emerges from bankruptcy oversight Oct 7, 2009
Belgian international food retailer Delhaize Group is in nonbinding talks to buy shops and inventory worth $425 million from South Carolina-based BI-LO, a grocery chain that entered bankruptcy proceedings earlier this year. Delhaize said the assets to be acquired had revenue of over $2 billion last year, and it intends to integrate BI-LO's shops into its Food Lion chain. (The Augusta Chronicle)
Food Lion parent in talks for Bi-Lo assets Oct 6, 2009
Delhaize Group (NYSE:DEG) is the corporate parent of Delhaize America Inc. of Salisbury, which owns the Food Lion supermarket chain. Food Lion has more than 1,300 supermarkets, either directly or through affiliated entities, under the names of Food Lion, Bloom, Bottom Dollar, Harveys and Reid s.. (Charlotte Business Journal, NC)
U.S. payment-card industry grapples with security Aug 25, 2009
A spokesman for Hannaford, a unit of Belgium's Delhaize Group, said an audit unit of Verizon Communications showed it met the security standards. Heartland said through a spokesman that its systems had been checked by audit firm Trustwave of Chicago as recently as April 2008 about four months after prosecutors say the hackers began their theft. (MSNBC -- Crime)
Hacking Case Shows U.S. Open to Breaches Aug 20, 2009
Card numbers were stolen in those breaches from credit-card processor Heartland Payment Systems and retail chains 7-Eleven Inc and Hannaford Brothers Co, a unit of Belgium's Delhaize Group, prosecutors said. They said the men targeted two other corporations, which they did not name. (Newsmax)
Delhaize Group to sell four German stores Jul 15, 2009
Delhaize Group (NYSE:DEG) is the corporate parent of of Salisbury, which owns the supermarket chain. The sale is slated to close this quarter. (Charlotte Business Journal, NC)
FOODPLAY is coming to Saugus! May 24, 2009
The company is owned by Delhaize Group of Brussels, Belgium. Additional information can be found at www. (Saugus Advertiser, MA)
