Delhaize Group

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Not to be confused with the Louis Delhaize Group, another retail group headquartered in Charleroi, Belgium.

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Delhaize Group S.A./N.V.
Naamloze vennootschap / Société anonyme
Traded as Euronext: DELB, NYSE: DEG
Industry Retail
Founded 1867; 158 years ago (1867)
Headquarters Anderlecht, Brussels, Belgium
Number of locations
 3,534 worldwide (2013)[1]
Key people
 Frans Muller (CEO), Mats Jansson (Chairman), Kevin Holt (CEO, Delhaize America)
Services Supermarkets, hypermarkets, convenience stores, wholesale
Revenue €21.1 billion (2013)
Profit €487 million (2013)[1]
Total assets €11.6 billion (end 2013)[1]
Total equity €5.076 billion (end 2013)[1]
Website delhaizegroup.com

Delhaize Group (French pronunciation: ​[dəlɛːz]) is a food retailer headquartered in Anderlecht, Brussels, Belgium[2] which operates in seven countries and on three continents. The principal activity of Delhaize Group is the operation of food supermarkets.

History

Delhaize Group was founded near Charleroi, Belgium in 1867 by Jules Delhaize and his brothers Auguste, Edouard and Adolphe. He was helped in this endeavor by his future brother-in-law, Jules Vieujant.[3] For their new company, they chose the lion, the symbol of strength, as their logo. They also chose a motto: unity is strength.[4]

As of 31 December 2014, Delhaize Group had a sales network (which includes directly operated, franchised, and affiliated stores) of 3,402 stores and employed approximately 150,000 people (excluding the stores and related associates of divested and discontinued operations). 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. The company is actively engaged with the U.S. Environmental Protection Agency's Energy Star program to manage energy efficiency across its U.S. facilities.[5]

In addition to food retailing, 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.

In 2014, Delhaize Group recorded revenue of €21.4 billion and underlying operating profit of €762 million. Delhaize Group's operations are located primarily in the United States (Food Lion LLC, Hannaford Brothers Company) and Belgium. Other operations are located in Greece, Indonesia, Serbia, Luxembourg and Romania.

Delhaize entered the U.S. market through its acquisition of Food Town Stores in 1983, renaming it Food Lion and expanding from 22 stores to 226.[4] In 1985, they became a franchisee for Cub Foods and opened the first of many stores in the Atlanta area and in 1996 acquired Kash n' Karry, a Florida grocery chain.[4] Both its Cub Foods stores, and the Kash n' Karry chain have since been sold by Delhaize.

In 2007, the company left the Czech market after 16 years and sold all of its 97 supermarkets to Billa.[6] In 2009, the company left the German market after 6 years and sold all of its 4 supermarkets to REWE Group. In 2011, Delhaize acquired Serbian retailer Delta Maxi.[7]

In May 2013, Harveys was sold along with sister supermarket chains Sweetbay and Reid's to BI-LO, LLC for $265 million.[8]

The locations in Montenegro were sold in 2013.[9] The locations in Bosnia and Herzegovina were sold in 2014.[10]

In November 2014, Delhaize Group signed an agreement to sell its Bottom Dollar food store locations in the U.S. to Aldi, Inc. The stores were closed on January 12, 2015 and the transaction completed early 2015.[citation needed]

On June 24, 2015, Delhaize reached an agreement with Ahold to merge, forming a new parent company, Ahold Delhaize.[11][12][13] Ahold CEO Dick Boer will become CEO of the merged company, with Frans Muller, CEO of Delhaize to become deputy CEO and chief integration officer. [14]

Sales divisions

Delhaize distribution centre in Zellik

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Europe

Belgium

  • Delhaize
  • Red Market
  • AD Delhaize
  • Proxy Delhaize
  • Shop & Go
  • Tom & Co.
  • Delhaize.be
  • Caddyhome.be
  • Delhaizewineworld.com

Luxembourg

  • Delhaize
  • Proxy Delhaize

Greece

Romania [15]

  • Mega Image - 203 stores
  • Shop & Go - 217 stores
  • Gusturi Romanesti - 1 store
  • AB Cool Food - 1 store
  • Mega Drive - 1 store

Serbia

  • Maxi
  • Shop & Go (formerly: Mini Maxi)
  • Tempo Centar (formerly: Tempo Cash & Carry)

Americas

United States

Operates as Delhaize America, a wholly owned subsidiary of Delhaize Group:

Asia

Indonesia

  • Super Indo (51%)

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 http://annualreport.delhaizegroup.com/?lang=en Company Annual Report
  2. ↑ "Contacts." Delhaize Group. Retrieved on 16 May 2012. "Square Marie Curie 40 1070 Brussels - Belgium"
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ 4.0 4.1 4.2 Delhaize Company's Our History
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ BILLA ČR zdvojnásobí podíl na trhu, obrat, počet prodejen i zaměstnanců (BILLA ČR will double its market share, sales, number of supermarkets and employees) (Delvita press release, 1 June 2007)
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Tampa-based Sweetbay supermarkets sold Tampa Bay Times, May 28, 2013
  9. ↑ Delhaize Press Release - sale of MaxiMiniMaxi and Tempo stores
  10. ↑ Delhaize Press Release - sale of Bosnian-Herzegovinian stores
  11. ↑ http://delhaizegroup.com/en/PublicationsCenter/OtherPressReleases/OtherPressReleasesView/tabid/301/Article/1670/ahold-and-delhaize-announce-intention-to-merge.aspx
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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