Delhaize Group

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Delhaize Le Lion / De Leeuw (French pronunciation: [d?l?:z]) was a food retailer headquartered in Sint-Jans-Molenbeek, Brussels, Belgium, and operating in seven countries and on three continents. The principal activity of Delhaize Group is the operation of food supermarkets. On June 24, 2015, Delhaize reached an agreement with Ahold to merge and form a new parent company headquartered in the Netherlands: Ahold Delhaize.

Video Delhaize Group

History

Delhaize Le Lion / De Leeuw 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. For their new company, they chose the lion, the symbol of strength, as their logo. They also chose a motto: unity is strength.

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 EUR21.4 billion and underlying operating profit of EUR762 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. In 1985, it 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. 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. 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.

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

The locations in Montenegro were sold in 2013. The locations in Bosnia and Herzegovina were sold in 2014.

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 was completed early 2015.

On June 24, 2015, Delhaize reached an agreement with Ahold to merge, forming a new parent company, Ahold Delhaize. 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.