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Delhaize Group slashes guidance, cites spending downturn

LONDON (MarketWatch) -- Supermarket operator Delhaize Group Friday cut its 2008 revenue and net profit guidance, citing a continued downturn in consumer spending. The firm said that its now expecting net profit to grow by between 15% to 20%, rather than the 25% to 30% it was originally targeting, while sales are expected to rise by between 3.0% and 4.5%, compared to a previous target of 4.0% to 5.5%....

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Delhaize cuts 2008 profit, sales outlook on consumer woes

Shares of Delhaize Group Plc fall 16% on Friday after the owner of the Food Lion supermarket chain in the U.S. issues a profit warning for the second quarter and cut its outlook for the rest of 2008, citing the weakening consumer environment.

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Delhaize Group Files Annual Report on Form 20-F

BRUSSELS, BELGIUM -- 06/27/08 -- Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, has filed today with the Securities and Exchange Commission (SEC) its annual report on Form 20-F for the year ended Decem..

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Delhaize Group: Delhaize Group Becomes Member of AMS Buying Alliance

BRUSSELS, BELGIUM (MARKET WIRE) Delhaize Group (EURONEXT: DELB) (NYSE: DEG), the Belgian international food retailer, announced today that on January 1, 2009 it will become a member of AMS. Through AMS' international sourcing expertise Delhaize Group will further optimize its price negotiations for its private label programs.

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Research and Markets: Out Now: Delhaize Group S.A. - SWOT Framework Analysis

SWOT Analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.

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Research and Markets: Out Now: Delhaize Group S.A. - SWOT Framework Analysis

The internal factors may be viewed as strengths or weaknesses depending upon their impact on the organizations objectives. What may represent strengths with respect to one objective may be weaknesses for another objective. The factors may include all of the 4Ps; as well as personnel, finance, manufacturing capabilities, and so on. The external factors may include macroeconomic matters, technological...

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Delhaize Group: Delhaize Group Shareholders Approve 2007 Dividend

BRUSSELS, BELGIUM (MARKET WIRE) Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that during its Ordinary and Extraordinary General Meeting its shareholders have approved the annual accounts over fiscal year 2007 and the distribution of a EUR 1.44 gross dividend over 2007. After deduction of a 25% withholding tax, this results in a net dividend...

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Eurex Launches Further European Equity Options - New Equity Options On Belgian, Dutch, French And Spanish Underlyings - Launch Planned On 19 May

The international derivatives exchange Eurex will further extend its product offering by introducing 13 new equity options on Belgian, Dutch, French and Spanish underlyings. The new options will be launched on 19 May.

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Delhaize Group: Delhaize Group 2007 Annual Report

BRUSSELS, BELGIUM (MARKET WIRE)

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Retalix Solution Deployed By A Major U.S. Supermarket Chain

Retalix, an Israeli global provider of software solutions for retailers and distributors, recently announced that Food Lion LLC, a North-American subsidiary of Brussels-based Delhaize Group, has deployed the Retalix Yard Management solution at its 1.8 million sq. ft. headquarters distribution center in Salisbury, N.C.

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Delhaize Group: Delhaize Group's Alfa-Beta Closes Plus Hellas Acquisition

BRUSSELS, BELGIUM (MARKET WIRE) Delhaize Group (Euronext Brussels: DELB) (NYSE: DEG), the Belgian international food retailer, announced today that it has completed the earlier announced acquisition of the Greek retailer Plus Hellas through its subsidiary Alfa-Beta Vassilopoulos. The 34 Plus Hellas stores and a new distribution center will reinforce the position of Alfa-Beta in Greece, particularly...

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Delhaize Group to buy 14 supermarkets

Delhaize Group, parent company of Delhaize America Inc. of Salisbury, has agreed to buy 14 supermarkets in Bucharest, Romania. (DEG)

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Retalix Solution Deployed By A Major U.S. Supermarket Chain

Retalix, an Israeli global provider of software solutions for retailers and distributors, recently announced that Food Lion LLC, a North-American subsidiary of Brussels-based Delhaize Group, has deployed the Retalix Yard Management solution at its 1.8 million sq. ft. headquarters distribution center in Salisbury, N.C.