Delhaize has unveiled a plan that will see the Belgium-based retailer cut costs and expand its discount formats and operations in growth markets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company unveiled its “new game plan” at an analyst meeting in Greece today (3 December).


Delhaize is aiming to cut costs annual costs by an extra EUR300m 2012, which it said can then be invested in the group’s price positioning and store openings as well as supporting profits.


Delhaize said that it will increase price competitiveness in all its markets, with the accelerated opening of budget outlets and investment in lowering prices.


The group has also increased its focus on the “growth” markets of Greece, Romania and Indonesia. Delhaize will triple its number of budget store openings in these markets over the next three years, to 250 outlets.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The group, which operates stores in the US under the Food Lion and Hannaford banners, added that there is the potential to expand through acquisitions.


According to Delhaize, the plan means a greater focus on accelerated growth, increased efficiencies and stronger intra-group integration.


“Today, Delhaize Group has a strong and proven building platform of leading brands and market shares, best-in-class profitability and a solid balance sheet,” said president and CEO Pierre-Olivier Beckers.


“The goal … is to deliver value leadership in all our markets leading to superior revenue and profit growth, and to make Delhaize a more effective acquisition platform through additional synergies, shared knowledge and shared services,” he added.