Delhaize Group

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Delhaize Group
Type Public (Euronext: DELB, NYSE: DEG)
Founded 1867
Headquarters Brussels, Belgium
Key people Pierre-Olivier Beckers, CEO
Industry Retail
Products Retail
Revenue € 19.2 billion (2006)
Employees 142,500
Slogan Group Strength, Local Expertise.
Website www.delhaizegroup.com

Delhaize Group (Euronext: DELB, NYSE: DEG) is a food retailer headquartered in Belgium which operates in eight countries and on three continents. [1] The principal activity of Delhaize Group is the operation of food supermarkets.

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Delhaize Group was founded in Belgium in 1867.

As of 31 December 2006, Delhaize Group had a sales network (which includes directly operated, franchised, and affiliated stores) of 2,705 stores and employed approximately 140,000 people. Store formats are primarily supermarkets, which represent 85% of Delhaize Group's sales network. Delhaize Group's sales network also includes other store formats such as neighborhood stores, convenience stores, and specialty stores.

In addition to food retailing, which accounted for approximately 95% of Delhaize Group's sales in 2005, Delhaize Group also engages in food wholesaling to stores in its sales network and in nonfood retailing of products such as pet products and health and beauty products.

Delhaize Group recorded sales of 19.225 billion euros in 2006 and net income of 351.9 million euros. Delhaize Group's operations are located primarily in the United States (Food Lion, Hannaford, and Sweetbay) and Belgium. Its other operations are located in Greece, Romania, and Indonesia.

On 10 November 2006, Czech media announced that the company offered for sale all of its 96 supermarkets in the Czech Republic and will leave the Czech market. [2] They had been operating there since 1991.

Operating locations have included:

Belgium

Romania

Greece

  1. ^ http://www.delhaizegroup.com/divclassdg_MenuText_DarkBlueCOMPANIESdiv/tabid/56/Default.aspx
  2. ^ Delvita na českém trhu končí (Delvita is ending at the Czech market) (České noviny, 09 November 2006)

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