Delhaize Group

Delhaize Group SA(French pronunciation:[də'lɛːz],Dutch pronunciation:[də'leːzə]) was a Belgian multinational retail company headquartered inMolenbeek-Saint-Jean,Brussels,Belgium,and operated in seven countries and on three continents. The principal activity of Delhaize Group was the operation of food supermarkets. On 24 June 2015, Delhaize reached an agreement withAholdto merge and form a new parent/holding company headquartered in theNetherlands:Ahold Delhaize.
Delhaize was founded nearCharleroi, 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.For their new shop, they chose the lion, the symbol of strength, as their logo. They also chose a motto: unity is strength.
In 2005, Delhaize Group completed the acquisition of the Belgian supermarket chain Cash Fresh for 118.6 million euros. Delhaize paid an additional 51 million euros to acquire real estate assets of Cash Fresh.
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.
In addition to food retailing, Delhaize Group 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 inGreece,Indonesia,Serbia,LuxembourgandRomania.
Delhaize entered the U.S. market through its acquisition of Food Town Stores in 1983, renaming itFood Liondue to name conflict with other stores, and expanding from 22 stores to 226.In 1985, it became a franchisee forCub Foodsand opened the first of many stores in the Atlanta area and in 1996, acquiredKash n' Karry, aFloridagrocery chain.Both its Cub Foods stores, and the Kash n' Karry chain have since been sold by Delhaize.
In 2007, the company left theCzechmarket after 16 years and sold all of its 97 supermarkets toBilla.On 19 January 2009 Delhaize announced on request that the branches inAachenandCologneshould be sold. In 2009, the company left the German market after 6 years and sold all of its 4 supermarkets toREWE Group.In 2011, Delhaize acquired Serbian retailerDelta Maxi.
In May 2013, Harveys was sold along with sister supermarket chainsSweetbayand Reid's toBI-LO, LLCfor $265 million.
The locations inMontenegrowere sold in 2013.The locations inBosnia and Herzegovinawere sold in 2014.
In November 2014, Delhaize Group signed an agreement to sell its Bottom Dollar food store locations in the U.S. toAldi, Inc. The stores were closed on 12 January 2015, and the transaction was completed early 2015.
On 24 June 2015, Delhaize reached an agreement withAholdto merge, forming a new parent company,Ahold Delhaize.The merger agreement was signed after approval by shareholders and competition authorities on 23 July 2016.Ahold CEODick Boerbecame CEO of the merged company until his retirement in July 2018, withFrans Muller, CEO of Delhaize initially as deputy CEO and chief integration officer under supervision of Dick Boer.Frans Muller succeeded as CEO in July 2018.
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