Belgian international food retailer Delhaize Group, whose U.S. banners include Hannaford, Sweetbay and Food Lion, has announced that president and CEO Pierre-Olivier Beckers intends to retire from his executive role by the end of this year.
The Delhaize Group shakeup continues as news circulates that its Sweetbay Supermarket division will shutter 33 underperforming stores in Florida by mid-February, according to a report on Tampa Bay Online.
Food Lion president Cathy Green Burns has left the company and is being succeeded by Beth Newlands Campbell as part of a major organizational shakeup at Delhaize America, according to published reports.
Delhaize America, the U.S. division of Delhaize Group, saw a decrease in underlying operating profit prompted by soft sales, an increase in operating expenses to support growth projects and price investments for fourth quarter 2011.
Bottom Dollar Food announced grand opening dates for its first 14 stores in the greater Pittsburgh and Youngstown, Ohio, markets, with its first seven stores opening on Jan. 26. Seven additional stores will open on Feb. 9.
Food Lion family of banners, Bloom and Bottom Dollar Food announced the launch of its ninth annual Hunger Has a Cure, a campaign that supports local food banks affiliated with hunger relief charity Feeding America.
In honor of Veterans Day on Nov. 11, Food Lion, Harveys and Reid's stores will offer a 10% discount to active and retired military personnel to show their support and appreciation for those who currently are serving or have served in the U.S. Armed Forces, the retailers, which are part of Delhaize Group, reported.