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Delhaize Group

Delhaize Group was a Belgian multinational food retailer headquartered in Brussels, Belgium, that operated supermarkets and related stores across North America, Europe, and Southeast Asia until its merger with Dutch retailer Ahold in 2016 to form Ahold Delhaize.^[1]^[2]^[3] Founded in 1867 in Charleroi, Belgium, by brothers Jules and Auguste Delhaize as a wholesale grocery business, the company initially focused on supplying food products before expanding into retail.^[1] It opened Europe's first self-service supermarket in Brussels in 1957, marking a pivotal shift toward modern grocery retailing in Europe.^[4] By the early 2000s, Delhaize Group had grown into a major player with approximately 2,527 stores and 144,000 employees, generating sales of €20.7 billion in 2002, primarily through supermarket operations that accounted for 85% of its network.^[1] The company's international expansion began in the 1970s, starting with the acquisition of a stake in U.S.-based Food Town stores in 1974, which evolved into Delhaize America and included prominent banners like Food Lion, Hannaford, and Bloom.^[1]^[2] In Europe, it maintained a strong presence in Belgium under the Delhaize banner, alongside operations in Greece, Romania, and other Balkan countries, while venturing into Southeast Asia with stores in Indonesia.^[1]^[2] Delhaize Group emphasized a mix of branded and private-label products, including nutritional foods and household items, and went public on the Brussels Stock Exchange in 1962 and the New York Stock Exchange in 2001.^[1] The 2016 merger with Ahold created one of the world's largest food retail groups, with combined operations serving over 50 million customers weekly through more than 6,500 stores at the time, though Delhaize's distinct brands like Food Lion and Delhaize continue under the Ahold Delhaize umbrella.^[3]^[4] As of 2025, the Delhaize brand in Belgium operates 818 stores with an average sales area of 962 square meters, focusing on quality products, sustainability, and innovations like the SuperPlus loyalty program.^[4]

History

Founding and Belgian Growth (1867–1980)

The Delhaize Group was founded in 1867 by brothers Jules and Auguste Delhaize in Ransart near Charleroi, Belgium, as a wholesale supplier of groceries and colonial products.^[1]^[5]^[6] The enterprise began as a family-owned business, emphasizing reliable supply chains and competitive pricing to serve local retailers in the industrial region of Wallonia.^[7] Adopting the lion—Belgium's national symbol—as its emblem, the company quickly expanded by opening branch stores, transitioning from pure wholesaling to a hybrid model that included direct retail operations.^[5] This early strategy focused on fresh produce and everyday essentials at low prices, appealing to a broad clientele amid Belgium's growing urbanization.^[8] By the early 20th century, Delhaize Frères & Cie "Le Lion" had established a nationwide network of stores, operating as a pioneering multiple grocer in Europe.^[7] The firm remained under family control, with descendants of the founders maintaining significant influence, while acquiring its own production facilities to ensure quality and cost efficiency.^[1] Pre-World War I expansion reached hundreds of outlets across Belgium, supported by centralized warehousing in Ransart, though wartime disruptions temporarily halted growth.^[9] Post-war recovery in the 1920s saw renewed emphasis on branded goods and service, with the share of own-label products in its assortment rising to around 29% by 1928.^[7] Following World War II, Delhaize accelerated its domestic expansion through modernization, surpassing 100 stores by the 1950s and integrating self-service elements to streamline shopping.^[4] In 1957, it launched Belgium's first self-service supermarket, modeled on American formats, which revolutionized its Belgian operations by enhancing efficiency and customer access to fresh goods.^[4] The 1960s marked further innovation with expanded private-label offerings, including in-house butchering and processed foods, reinforcing the core commitment to affordable, high-quality produce amid rising consumer demand.^[8] This period solidified Delhaize's position as Belgium's leading food retailer, with family oversight transitioning toward broader public involvement while preserving its foundational values.^[1]

International Expansion and Acquisitions (1980–2000)

During the 1980s, Delhaize Group accelerated its international expansion, primarily through its U.S. subsidiary, which marked the company's first significant foray beyond Belgium. Although Delhaize had acquired a minority stake in Food Town Stores Inc. in 1974 (operating 22 stores at the time) and increased it to a majority in 1976, the rebranding to Food Lion in 1983 solidified its American presence and drove rapid growth. By the end of 1983, Food Lion operated 225 stores across five states, expanding from 106 stores in 1980 to capitalize on the U.S. market's potential for low-price grocery retailing. This move was driven by domestic saturation in Belgium, where mature competition limited further organic growth, prompting Delhaize to diversify geographically for stability and scale.^[10]^[11] In the 1990s, Delhaize extended its European footprint amid post-Cold War opportunities in emerging markets. A key milestone was the 1992 acquisition of a 45.4% stake in Greek retailer Alfa-Beta Vassilopoulos S.A., which Delhaize increased to 50.6% by 1995, gaining access to 15 supermarkets in Athens and establishing a foothold in Southeastern Europe. This acquisition aligned with Delhaize's strategy to leverage its expertise in efficient supply chains and private-label products in less consolidated markets. By the late 1990s, Food Lion in the U.S. had grown to over 1,000 stores, contributing to the group's overall expansion.^[1]^[12] The decade culminated in major U.S. consolidation and Eastern European entry. In 1999, Delhaize agreed to acquire Hannaford Brothers Co. for $3.6 billion, completing the deal in July 2000 and adding 152 stores in the Northeast, enhancing its regional presence in higher-margin formats. Simultaneously, in 2000, Delhaize acquired a 51% stake in Romanian chain Mega Image, entering the fast-growing market with initial stores in the Mega Image chain. These moves diversified revenue streams beyond Belgium, where growth had plateaued, and propelled total stores from approximately 800 in 1980 to over 2,300 by 2000, underscoring Delhaize's shift to a multinational retailer.^[13]^[12]^[11]

Modern Developments and Challenges (2000–2015)

During the early 2000s, Delhaize Group continued its international expansion by strengthening its presence in existing markets and entering new ones. In Greece, the company had held a majority stake in Alfa-Beta Vassilopoulos since the mid-1990s, but achieved full ownership in 2010 by acquiring the remaining non-controlling interests, thereby consolidating control over one of the country's leading supermarket chains with over 400 stores.^[14] In the Balkans, Delhaize entered the Serbian market through the 2011 acquisition of Delta Maxi Group for €932.5 million, marking its largest investment in the region and establishing a network of nearly 400 stores across Serbia and neighboring countries, which positioned the group as the leading food retailer in Serbia.^[15] In the United States, Delhaize expanded its portfolio in 2007 by rebranding and investing in the Sweetbay and Reid's banners, which it had acquired earlier through the purchase of Kash n' Karry; however, these operations faced challenges and were later divested in 2014 to BI-LO Holdings for $265 million as part of a strategic refocus.^[16] The period also brought significant challenges, including high-profile controversies that tested the group's operational standards and public trust. A notable issue stemmed from a 1992 undercover investigation by ABC News into Food Lion, a key U.S. subsidiary acquired by Delhaize in 1974, which exposed sanitation and food handling practices, leading to widespread media scrutiny and multiple legal actions; this culminated in a 1993 U.S. Department of Labor settlement where Food Lion agreed to pay a record $16.2 million to resolve allegations of child labor and overtime violations affecting thousands of employees.^[17] In Europe, the 2013 horse meat scandal impacted Delhaize's brands, particularly in Belgium where tests revealed traces of horse DNA in some own-label products like those under the Tavola brand, prompting recalls and heightened supply chain audits across the group's operations to address labeling non-compliance and restore consumer confidence.^[18] To address these challenges and drive long-term efficiency, Delhaize launched the "Delhaize 2020" strategy in 2012, a comprehensive plan emphasizing operational improvements, store renovations, and early e-commerce initiatives to enhance competitiveness in a consolidating retail landscape.^[19] This included divesting underperforming assets, such as the 2015 sale of all 66 Bottom Dollar Food stores in the U.S. to ALDI Inc. for $15 million, allowing the group to streamline its North American footprint and redirect resources toward core banners like Food Lion.^[20] Complementing these efforts, Delhaize intensified sustainability initiatives from 2010 onward, focusing on waste reduction through programs like plastic bag recycling and packaging optimization in its U.S. and European stores, which laid the groundwork for broader environmental goals outlined in its 2020 strategy.^[21] By 2014, these developments contributed to steady growth, with Delhaize Group's consolidated revenue reaching €21.4 billion, reflecting a 3.9% increase at identical exchange rates driven by strong performances in the U.S. and southeastern Europe despite economic pressures and the extra 53rd week in the U.S. calendar.^[22] Overall, the 2000–2015 era highlighted Delhaize's adaptability amid regulatory scrutiny, supply chain disruptions, and market shifts, setting the stage for future consolidation.

Business Operations

Retail Formats and Brands

Delhaize Group's retail operations centered on a mix of supermarket, discount, and specialty formats, with supermarkets accounting for the majority of sales. The core supermarket banners included the flagship Delhaize stores in Belgium, which emphasized quality fresh produce and a wide assortment of products, alongside affiliated and franchised AD Delhaize outlets that operated under a partnership model to extend reach in local communities.^[23] Discount formats, such as Red Market in Belgium, targeted price-sensitive shoppers with simplified assortments and lower pricing strategies.^[23] Specialty and convenience stores, including Proxy Delhaize and Shop & Go, catered to quick-service needs with compact footprints focused on everyday essentials and proximity to urban areas.^[23] The company developed a robust portfolio of private labels to enhance value and differentiation, prioritizing quality, affordability, and sustainability. The "365" brand offered everyday essentials across various categories, while "Delhaize Bio" specialized in organic products, reflecting a commitment to health-conscious consumers and local sourcing initiatives.^[23] These labels were integrated into store assortments to support fresh and sustainable product strategies, with additional regional variants like Nature’s Place for healthy options.^[23] Innovations in customer engagement included the launch of online shopping platforms in the 2000s, such as delhaize.be, which enabled home delivery and click-and-collect services to meet evolving digital demands.^[23] The Plus Card loyalty program, introduced in 1992, became a cornerstone of retention efforts, used in over 90% of Belgian transactions by 2002 and offering personalized discounts and rewards.^[1] Delhaize's overall strategy adopted a customer-centric approach, operating over 3,500 stores at its peak through a blend of owned, leased, and franchised models to balance quality, affordability, and convenience across formats.^[23] This model emphasized associate training programs like "Count on Me" to elevate service and community ties, while focusing on sustainable practices such as food donation and recycling goals.^[23]

European Operations

Delhaize Group's core operations in Belgium encompassed a network of 888 stores by the end of 2015, comprising 141 company-operated Delhaize supermarkets, 219 affiliated AD Delhaize stores, 237 Proxy Delhaize neighborhood stores, and 137 Shop & Go convenience outlets.^[23] This portfolio generated €5.0 billion in revenue, representing 20% of the group's total, while maintaining a 24.0% market share in the Belgian food retail sector.^[23] In Greece, operations were conducted via the Alfa-Beta Vassilopoulos subsidiary, which operated 341 stores in 2015 through a combination of company-owned and franchised formats.^[23] Delhaize first acquired a majority stake in 1992 and increased its ownership to approximately 90% in 2009 through a tender offer initially at €30.50 per share (later raised to €34.00).^[1]^[24]^[14] The Romanian subsidiary, Mega Image, focused on urban markets and expanded to 471 stores by the end of 2015, including 71 new locations opened that year, with an emphasis on proximity formats and local product lines like Gusturi Românești.^[23] Delhaize's presence in other European countries included Serbia, where the Delta Maxi chain (rebranded as Delhaize Serbia) operated 396 stores in 2015, featuring 181 Maxi supermarkets and benefiting from 47 remodelings to enhance customer appeal.^[23] This network stemmed from the 2011 acquisition of Delta Maxi Group for €932.5 million, including net debt.^[25] The company had divested its Czech Republic operations, which previously included 97 Delvita stores, in 2006 amid strategic refocusing.^[26]^[23] Across its European footprint, Delhaize pursued a strategy of local adaptation, tailoring assortments to regional preferences—for instance, emphasizing traditional Greek products through the Alfa Beta "Tastes of Greece" campaign to support local producers and align with Mediterranean culinary traditions.^[27] This approach, combined with store expansions and format diversification, aimed to build customer loyalty amid varying economic conditions.^[23]

North American Operations

Delhaize Group's North American operations, conducted through its subsidiary Delhaize America, focused primarily on the United States, where it operated a portfolio of supermarket chains emphasizing regional market positioning and value-driven retail strategies. By 2015, these operations encompassed over 1,300 stores across the Southeast, Mid-Atlantic, and Northeast regions, generating approximately 66% of the group's total revenues of €24.4 billion.^[23] The portfolio highlighted Delhaize's approach to balancing low-cost leadership with upscale offerings, adapting to diverse consumer preferences in mature U.S. markets. Food Lion, Delhaize's flagship U.S. brand, was acquired in 1983 and grew into a dominant low-price leader in the Southeast, operating more than 1,100 stores by 2015 across states including North Carolina, South Carolina, and Virginia.^[28] The chain emphasized everyday low pricing, supported by a robust private-label program featuring Nature's Promise organic products, and implemented strategies like price matching to compete with discounters such as Walmart.^[29] Food Lion also engaged in community programs, including hunger relief initiatives through partnerships with local food banks, contributing to its reputation as a community anchor in rural and suburban areas.^[30] Hannaford, acquired in 2000, represented Delhaize's upscale format with around 180 stores concentrated in the Northeast, particularly Maine, New Hampshire, and Massachusetts.^[31] This chain differentiated itself through a focus on fresh, local produce and prepared foods, appealing to health-conscious consumers in smaller markets. Hannaford's innovations included early adoption of loyalty programs like My Hannaford Rewards, which integrated digital coupons and personalized savings to drive repeat visits.^[32] Other brands included Sweetbay Supermarkets in Florida, which operated about 70 stores until its divestiture to Bi-Lo Holdings, completed in 2014, for $265 million (announced in 2013) as part of portfolio optimization.^[33]^[34] Similarly, the Bottom Dollar Food discounter chain, with 66 stores in Pennsylvania and surrounding areas, was sold to Aldi in 2015 for $15 million following a strategic exit from underperforming formats.^[35] These moves allowed Delhaize to streamline its U.S. presence toward core strengths in Food Lion and Hannaford ahead of broader corporate changes.

Asian Operations

Delhaize Group's Asian operations were confined to a single joint venture in Indonesia, reflecting a cautious approach to the region's volatile markets. The company acquired a 51% stake in PT Lion Super Indo (Super Indo) in 1997 through a partnership with the local Salim Group, establishing it as a supermarket operator focused on urban consumers.^[36] Super Indo's format emphasized modern supermarkets offering fresh produce, everyday essentials, and convenience items tailored to middle-class shoppers in densely populated areas like Java. By 2015, the chain had grown to 128 stores, primarily in Jakarta and surrounding cities, prioritizing local sourcing for products to align with Indonesian preferences and supply chain efficiencies.^[10] The venture's strategy centered on minority ownership to reduce exposure to geopolitical and economic risks, such as currency fluctuations and joint control dynamics under Indonesian regulations. All products were required to comply with halal standards, a core focus given the country's Muslim-majority population, while emphasizing affordable, high-quality fresh foods to build customer loyalty. This limited footprint represented less than 5% of Delhaize's overall sales, underscoring Asia's minor role compared to European and North American dominance, with no expansions into other Asian countries.^[23] Operations faced notable challenges, including stringent regulatory barriers for foreign investors, such as restrictions on retail ownership and opaque licensing processes that complicated store openings. Intense competition from dominant local chains like Indomaret and Alfamart further pressured market share. Despite these hurdles, Super Indo achieved steady growth, with comparable store sales rising 8.7% in 2015 amid Indonesia's expanding middle class.^[37]^[38]

Corporate Governance

Leadership and Management

The Delhaize Group was founded in 1867 by brothers Jules and Auguste Delhaize, and descendants of the founders held key leadership roles within the company until the mid-20th century, preserving the family's influence on its early development and operations. Many descendants continued as significant shareholders into the late 20th and early 21st centuries, reflecting ongoing family ties to the business.^[1] Notable chief executives included Gui de Vaucleroy, a descendant by marriage of the founders, who served as President and Chief Executive Officer from 1990 to 1998, guiding the company's expansion in the United States through acquisitions and operational growth. Pierre-Olivier Beckers succeeded him, holding the position of President and CEO from 1999 to 2013; during his tenure, he launched the "2020 Ambition" strategic plan in 2013, which emphasized customer focus, operational efficiency, and sustainability as core pillars.^[39]^[40]^[41] Delhaize Group's corporate governance featured a Board of Directors for strategic oversight and an Executive Committee for operational management, with the board appointing the CEO and approving major investments. Post-2000, the board incorporated the company's founding family values of integrity and community responsibility into its principles, while establishing dedicated committees to oversee sustainability initiatives, such as environmental and social responsibility efforts integrated into the 2013 strategy.^[1] The board prioritized diversity, particularly gender representation, believing it enhanced decision-making; by 2015, female directors comprised 30% of the board, up from lower levels in prior years, in line with broader European corporate trends toward balanced leadership.^[42]^[23]

Financial Performance

Delhaize Group's revenue demonstrated steady growth over its later history, rising from €19.5 billion in 2011 to €21.4 billion in 2014 and reaching €24.4 billion in 2015, driven primarily by expansions in its core markets.^[43]^[44]^[23] Net profit attributable to the group share fluctuated amid operational investments and currency effects, peaking at €472 million in 2011 before declining to €179 million in 2013 and recovering to €366 million in 2015.^[43]^[23] Key financial metrics reflected prudent management in the 2010s, with EBITDA reaching €1,166 million in 2014 for a margin of 5.5% and underlying operating profit at €762 million (3.6% of revenue).^[44] Following the 2000 acquisition of Hannaford Brothers, which expanded U.S. operations, net debt peaked at €4.6 billion that year before being reduced through subsequent refinancing and cash flow generation to €997 million by the end of 2014 and €781 million in 2015.^[45]^[23] By 2015, divisional contributions to revenue were led by North American operations at 66% (€16.0 billion), followed by European activities at approximately 34% (Belgium 20% or €5.0 billion, Southeastern Europe 14% or €3.4 billion), and a minor 3% from Asian operations (primarily Indonesia).^[23]^[44] Divestitures, including the 2015 sale of Bottom Dollar Food for €14 million, contributed to overall net debt reduction of €216 million that year through freed-up cash flows, though specific debt relief from U.S. asset sales was not isolated beyond general financial improvements.^[23] Delhaize Group's shares have been listed on Euronext Brussels since the exchange's early operations, reflecting its long-standing public status as a Belgian entity.^[1] Pre-merger market capitalization stood at approximately €9.2 billion at the end of 2015.^[46]

Merger and Legacy

Merger with Ahold

On June 24, 2015, Koninklijke Ahold N.V. and Delhaize Group announced an agreement for an all-stock merger of equals, forming a combined entity named Ahold Delhaize with an enterprise value of approximately €25 billion.^[47] The merger aimed to create a leading international food retailer with pro forma net sales of €54.1 billion, operating more than 6,500 stores across 10 countries primarily in the United States and Europe.^[47] Under the terms of the merger agreement, Delhaize shareholders would receive 4.75 Ahold ordinary shares for each Delhaize ordinary share, resulting in Ahold shareholders owning approximately 61% of the combined company and Delhaize shareholders owning 39%.^[47] Prior to closing, Ahold planned to return €1 billion to its shareholders through a special cash dividend and a reverse stock split.^[47] The combined company would be headquartered in Zaandam, Netherlands, with dual listings on Euronext Amsterdam and Euronext Brussels, and Frans Muller, then CEO of Delhaize, would serve as CEO of Ahold Delhaize.^[47] The transaction was expected to be accretive to earnings in the first full year post-completion, driven by anticipated annual run-rate cost synergies of €500 million by the third year, primarily from supply chain efficiencies, procurement savings, and administrative optimizations.^[47] The merger required approvals from regulatory authorities, including competition clearances in key markets. In Europe, the European Commission referred jurisdiction to the Belgian Competition Authority (BCA) in October 2015 following pre-notification discussions.^[48] The BCA granted conditional approval on March 15, 2016, after the companies committed to divesting a limited number of overlapping stores in Belgium to preserve competition in local markets.^[49] In the United States, where the combined entity would hold significant market share on the East Coast, the Federal Trade Commission (FTC) required divestitures to address antitrust concerns; on July 22, 2016, the FTC approved the merger subject to the sale of 81 stores across chains like Stop & Shop, Giant, Food Lion, and Hannaford to independent buyers.^[50] These approvals, along with shareholder votes in March 2016, paved the way for the merger's completion on July 24, 2016.^[51]

Integration and Dissolution

The merger between Ahold and Delhaize Group was finalized on July 23, 2016, becoming effective the following day at 00:01 CET, with Delhaize legally dissolved without liquidation and its assets transferred to the newly formed Ahold Delhaize.^[52]^[53] This cross-border transaction under Dutch and Belgian law marked the end of Delhaize as an independent entity, integrating its operations into Ahold Delhaize's structure headquartered in Zaandam, Netherlands, while retaining local management for Belgian activities in Brussels.^[47] Integration efforts prioritized maintaining strong local brands to preserve customer loyalty, with Delhaize's U.S. banners such as Food Lion and Hannaford continuing unchanged post-merger, alongside Ahold's Stop & Shop and Giant.^[54] Over 375,000 employees from both companies transitioned into the combined workforce, supported by harmonized policies and training programs to facilitate smooth operational alignment across regions.^[55] The central corporate headquarters shifted to Zaandam, though Delhaize's Brussels office persisted to oversee Belgian retail banners like Delhaize and Albert Heijn.^[56] Key challenges included aligning the complementary yet distinct corporate cultures of the Dutch-based Ahold and Belgian-rooted Delhaize, particularly in decision-making and operational practices across neighboring markets.^[57] Initial synergies focused on supply chain unification, enabling cost savings through shared procurement and logistics, with the company on track to realize €500 million in annual benefits, 65% to 70% from U.S. operations.^[58] Immediate outcomes included Ahold Delhaize shares debuting on Euronext Amsterdam and Brussels under the ticker "AD" on July 25, 2016, reflecting the combined market capitalization of approximately €25 billion.^[56] By late 2016, Delhaize's corporate website had been redirected to Ahold Delhaize's platform, signaling the full transition of its digital presence.^[59]

Enduring Impact on Ahold Delhaize

The retention of Delhaize Group's key brands following the 2016 merger has provided Ahold Delhaize with a strong legacy in regional markets, particularly through the continued operation of Delhaize in Belgium, Food Lion in the southeastern United States, and Hannaford in the northeastern United States. These brands maintain distinct local identities while benefiting from shared corporate resources, ensuring their viability in competitive landscapes. For instance, Food Lion, with 1,109 stores, contributed to Ahold Delhaize USA's net sales of approximately $59 billion (€54.2 billion) in 2024, underscoring its role as one of the company's largest revenue drivers.^[60] Delhaize's pre-merger expertise in private-label development and sustainability has enduringly shaped Ahold Delhaize's strategic priorities, notably in the 2024 update to the "Growing Together" strategy, which emphasizes healthy and sustainable product assortments. This influence is evident in the company's own-brand portfolio, where healthy food sales reached 52.4% of total own-brand food sales in 2024, aligning with goals to promote nutritious options across brands. Sustainability practices inherited from Delhaize, such as efficient supply chain management and waste reduction, contribute to broader initiatives like a 36% reduction in greenhouse-gas emissions from own operations compared to the 2018 baseline, integrated into the "Healthy, Sustainable Future" framework.^[61]^[62]^[63] In 2025, Ahold Delhaize operates around 9,400 stores globally, reflecting the scaled footprint bolstered by Delhaize's former assets. The company's third-quarter results highlighted the ongoing vitality of Delhaize elements, with net sales of €22.5 billion and U.S. comparable-store sales growth excluding gas of 2.9%, propelled by Food Lion's performance—its 52nd consecutive quarter of positive comparable sales. Hannaford also contributed to this momentum, achieving its 17th straight quarter of growth.^[64]^[65]^[66] The broader impact of Delhaize's integration lies in Ahold Delhaize's enhanced global presence across seven countries, combining European neighborhood formats with expansive U.S. operations for diversified revenue streams. Although no independent Delhaize entity remains, its Belgian operations persist under the Delhaize banner, holding a 22% market share with 818 stores and plans for eight new supermarkets opening in early 2026 via an affiliate model. In January 2025, Delhaize acquired Delfood from the louis delhaize Group, adding 325 points of sale and reinforcing its market leadership. This structure sustains local relevance while driving company-wide efficiencies and innovation.^[60]^[65]^[67]

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Jan 9, 2024 · Major challenges include labor relations, intellectual property protections, transparent rule setting and opaque implementation, divergent standards and ...
[37]
[PDF] Indonesia's Modern Food Retail Sector - USDA ERS
This report examines the growth of modern food retailing in Indonesia; its implications for Indonesia's food sector, including its domestic and international ...Missing: sourcing | Show results with:sourcing
[38]
Georges Jacobs Will Succeed Gui De Vaucleroy as Chairman of
Mar 11, 2004 · From 1990 to 1998, Mr. de Vaucleroy served as President and Chief Executive Officer of Delhaize Group, and thereafter became Chairman of the ...
[39]
Delhaize Group announces retirement of President and CEO Pierre ...
Mr. Beckers joined Delhaize Group in 1983, has been a director of the company since 1995 and was appointed President and CEO in January 1999. In almost 15 years ...
[40]
Delhaize Outlines 'Supergood' Sustainability Strategy
Jun 6, 2013 · ... 2020 Ambition,” noted Delhaize president and CEO Pierre-Olivier Beckers. “We made particularly good progress in moving to zero waste, in ...
[41]
[PDF] REPORT OF THE BOARD OF DIRECTORS OF DELHAIZE ...
CEO of Delhaize Group; Pierre Bouchut, EVP and CFO of Delhaize Group; Marc Croonen, ... Pierre-Olivier Beckers (11). € 32 438. € 0. Patrick De Maeseneire (12). € ...
[42]
[PDF] ANNUAL REPORT - Ahold Delhaize
DELHAIZE GROUP HAS LEADING POSITIONS IN FOOD RETAILING IN KEY. MARKETS. OUR OPERATING COMPANIES HAVE ACQUIRED THESE POSITIONS. THROUGH DISTINCT GO-TO-MARKET ...
[43]
[PDF] ANNUAL REPORT 2014 - Ahold Delhaize
In 2014, Delhaize Group generated 14% of its revenues in Southeastern Europe, where it operates a wide variety of company-operated and affiliated store formats.
[44]
g70124ex10-2.txt - SEC.gov
The net debt of Delhaize Group increased by EUR 3.2 billion to EUR 4.6 billion in 2000, following the financing of the Hannaford acquisition and the purchases ...Missing: € | Show results with:€
[45]
20-F - SEC.gov
At the end of 2015, Delhaize Group operated 13 Red Market stores in Belgium. ... stores in total with 237 Proxy Delhaize stores and 137 Shop & Go stores.<|separator|>
[46]
[PDF] Ahold and Delhaize announce intention to merge
Ahold and Delhaize announce this morning their intention to combine their businesses through a merger of equals.
[47]
M.7702 - KONINKLIJKE AHOLD / DELHAIZE GROUP
Companies: KONINKLIJKE AHOLD | DELHAIZE GROUP Last decision date: 22.10.2015 Regulation: Council Regulation 139/2004 Economic activities: G.47.11 - Retail sale ...
[48]
[PDF] Press Release - Ahold Delhaize
Mar 15, 2016 · The transaction is expected to be completed in mid-2016. The merger clearance from the BCA completes the competition approval in Europe. A full ...Missing: EU | Show results with:EU
[49]
FTC Requires Ahold and Delhaize Group to Sell 81 Stores as a ...
Jul 22, 2016 · At the time the proposed merger was announced in June 2015, Netherlands-based Ahold operated 760 supermarkets under the Stop & Shop, Giant, and ...<|control11|><|separator|>
[50]
[PDF] Expected merger closing date announced July 21, 2016
Jul 21, 2016 · If FTC approval is obtained on or prior to July 22, 2016 and the merger closes on July 23, 2016, the delivery of the new Ahold Delhaize ADSs ...
[51]
Delhaize Group and Ahold complete merger after receiving
Jul 23, 2016 · The merger will become effective on Sunday, July 24, 2016 at 00:01 a.m. CET. Ahold Delhaize shares will start trading on Euronext Amsterdam and ...
[52]
EX-99.3 - SEC.gov
The board of directors of Delhaize Group NV/SA, a public limited liability company incorporated under the laws of Belgium (naamloze vennootschap/société ...
[53]
DELHAIZE GROUP AND AHOLD REACH AGREEMENTS WITH ...
Jul 13, 2016 · Delhaize Group and Ahold today announced that their United States subsidiaries have reached agreements with buyers to divest a total of 86 stores.Missing: acquisition | Show results with:acquisition
[54]
Ahold, Delhaize Complete Merger - Progressive Grocer
Jul 21, 2016 · Ahold Delhaize officially starts trading on Euronext Amsterdam and Euronext Brussels. The merged company is now one of the world's largest food retail groups.
[55]
Ahold Delhaize Completes Merger and Reveals New Logo
Ahold Delhaize was created from the merger of Ahold and Delhaize Group, which was announced on June 24, 2015, and became effective on July 24, 2016.
[56]
Grocery Giants Ahold, Delhaize Announce Merger - CSP Daily News
Jun 24, 2015 · At the end of March 2015, Delhaize Group's sales network consisted of approximately 3,410 stores. In 2014, Delhaize Group recorded $29.4 billion ...
[57]
Ahold Delhaize provides update on combined strategy
The company said it is on track to achieve the expected 500 million euros in synergies throughout its business, with 65% to 70% of that coming in the U.S.. Also ...
[58]
[PDF] Ahold Delhaize Annual Report 2016
Feb 28, 2017 · On July 23, 2016, the merger between Ahold and Delhaize. Group was completed. ... Super Indo*. 62% net sales. United States. Food Lion. Stop ...<|control11|><|separator|>
[59]
[PDF] great local brands - Ahold Delhaize
the local brands of ADUSA comprise the largest grocery retail group on the East Coast. >100. >2,010. >225k. >14.5m households served. $59bn. U.S. sales in 2024.
[60]
Annual Report 2024 - Ahold Delhaize
Joint ventures. Our joint ventures, Super Indo in Indonesia and Pingo Doce in Portugal, are among the leading supermarket brands in their respective countries.
[61]
Ahold Delhaize's 'Annual Report 2024' Outlines Successful Year
Feb 26, 2025 · In 2024, the company reduced greenhouse-gas emissions in its own operations by 36% compared with the 2018 baseline. The total tons of food waste ...
[62]
[PDF] Annual Report 2024 Ahold Delhaize Sustainability Statements
Company performance in three areas – environmental impact, social responsibility and governance. It serves as an input to. Ahold Delhaize's sustainability ...<|control11|><|separator|>
[63]
Ahold Delhaize
Ahold Delhaize is one of the world's largest food retail groups, a leader in supermarkets and e-commerce and a company at the forefront of sustainable retailing ...Who we are · Our family of great local brands · Delhaize · Investor RelationsMissing: history | Show results with:history
[64]
Ahold Delhaize reports strong Q3 performance; 2025 outlook ...
In Q3, online sales increased 15.4% at constant exchange rates, led by strong growth at Food Lion. Underlying operating margin in the U.S. was 4.6%, up 0.4 ...
[65]
https://newsroom.aholddelhaize.com/ahold-delhaize-reports-strong-q3-performance-2025-outlook-reconfirmed/