SALISBURY, N.C. - Food Lion on Monday disclosed the locations of 41 money-losing stores in 10 states that it plans to close by the end of January. The closings will affect about 1,500 employees, the company said.
AMSTERDAM - Dutch retail giant Royal Ahold NV Wednesday said the chief executive of its U.S. supermarket chain Bruno's has resigned amid its latest restructuring, Dow Jones news wires reports.
BRUSSELS, Belgium - Delhaize Group, the Belgian international food retailer, on Thursday said it will close 41 underperforming Food Lion stores and one Kash n' Karry by the end of January to protect Food Lion's future profitability and to strengthen its competitive position.
AMSTERDAM - The world's No. 3 retailer Ahold met expectations on Tuesday with a 9.2 percent rise in 2002 sales. The Dutch company also said the fourth quarter improved despite languishing consumer confidence in its key U.S. market.
AMSTERDAM - Dutch retail giant Royal Ahold NV said Friday that it is in dispute with Chile's main supermarket retailer D&S SA over the acquisition of 10 Argentine stores from D&S in 2000, Dow Jones newswire reports.
Online operations of big grocery chains maneuvered through the dot-com devastation and are now showing positive signs of life. They're finding that the payoffs from Internet retailing reach beyond incremental sales.
ZAANDAM, THE NETHERLANDS - Ahold on Wednesday announced its intention to divest wholly-owned subsidiary De Tuinen, a chain of 65 natural product stores located throughout the Netherlands.
AMSTERDAM - Dutch retailer Royal Ahold NV said Thursday that its US Foodservice unit has signed an agreement to purchase St. Louis, Missouri-based food distributor Allen Foods.
