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Topic: Delhaize


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In the News (Mon 21 Dec 09)

  
  Delhaize - Wikipedia, the free encyclopedia
Delhaize Group is a food retailer headquartered in Belgium which operates in 10 countries and on three continents.
The principal activity of Delhaize Group is the operation of food supermarkets in North America, Europe and Southeast Asia.
Delhaize Group recorded sales of 18.8 billion euros in 2003 and net income of 178.3 million euros in 2002.
en.wikipedia.org /wiki/Delhaize   (222 words)

  
 DELHAIZE   (Site not responding. Last check: 2007-11-06)
Het bedrijf is in 1867 opgericht door Jules Delhaize en zijn broers in de omgeving van Charleroi.
In 1957 opende Delhaize in Elsene de eerste supermarkt van Europa.
Sinds de jaren zeventig is de Delhaize Groep, het moederbedrijf actief in de Verenigde Staten en Azië.
www.thumpershollow.com /encyclopedia/D/Delhaize   (90 words)

  
 PrimeZone Media Network   (Site not responding. Last check: 2007-11-06)
Delhaize Group's net debt decreased from EUR 3.9 billion at the end of 2002 to EUR 3.3 billion at the end of the third quarter 2003 due to the use of free cash flow and the weaker U.S. dollar.
Delhaize America generated USD 100.3 million free cash flow in the third quarter of 2003, totaling USD 979.6 million since the beginning of 2001 toward the Delhaize America target of USD 1 billion free cash flow in the period 2001-2003.
Delhaize Group's net debt amounted to EUR 3.3 billion at the end of the third quarter of 2003, a decrease of EUR 586.8 million compared to EUR 3.9 billion net debt at the end of 2002.
www.primezone.com /pages/news_releases.mhtml?d=47780   (2277 words)

  
 DELHAIZE GROUP - DEG Annual and Transition Report (foreign private issuer) (20-F) C. Liquidity and Capital Resources
Delhaize Group paid an aggregate amount of EUR 28.2 million in cash for the acquisition of Harveys and assumed approximately EUR 14.7 million in accounts payable and other short-term liabilities associated with the operations of Harveys.
Delhaize Group's financial risk management policy for non-U.S. dollar denominated assets is to match the currency distribution of its borrowings to the denomination of its assets and of its receivables to the denomination of its equity funding and/or its debt funding.
Delhaize America implemented a captive insurance program in 2001; whereby, the self-insured reserves related to workers' compensation, general liability and auto coverage were reinsured by The Pride Reinsurance Company ("Pride"), an Irish reinsurance captive wholly-owned by a subsidiary of Delhaize Group.
sec.edgar-online.com /2004/06/30/0000950133-04-002579/section7.asp   (3874 words)

  
 Business: Delhaize meeting offers little dissent
Delhaize president and chief executive Bill McCanless took the cue to put on a slide show explaining why Delhaize is paying $3.6-billion for the Hannaford Brothers Inc. chain in the Northeast and how it will help Delhaize stock rebound in the long-run.
Delhaize said the lack of shareholder criticism proved there was little shareholder discontent with the acquisition that would lift Delhaize from the nation's seventh- to fifth-largest grocer.
Delhaize is waiting for the Federal Trade Commission to review the antitrust implications of the Hannaford deal, which will lead to overlap with Food Lion stores in Virginia and North Carolina.
www.sptimes.com /News/050500/Business/Delhaize_meeting_offe.shtml   (767 words)

  
 Untitled   (Site not responding. Last check: 2007-11-06)
Delhaize expects comparable-store sales in the United States to grow between 0.5% and 1% for the fiscal year.
The company said Delhaize America sales were impacted by the acquisition of Victory, the closing of 34 Kash n’ Karry stores in the first quarter, the acquisition of Harveys at the end of 2003 and an extra week in the prior year, which added $308.6 million to 2003 sales.
Meanwhile Delhaize reported that its net income was down 4% for the year, to 171.3 million euros, or about $210 million, because of unfavorable currency-exchange comparisons and other factors.
www.supermarketnews.com /xref.cfm?&ID=7926&xref=Delhaize   (1071 words)

  
 Delhaize Group Reports 2004 Results
Delhaize Group is acquiring Cash Fresh for a cash amount of EUR 113 million, subject to contractual adjustments, with an assumption of debt to be determined at closing.
Delhaize Group recorded exceptional charges for the closure of 34 Kash n' Karry stores, the write-off relating to the Kash n' Karry trade name, losses resulting from hurricanes and tropical storms affecting Kash n' Karry, Food Lion and Harveys, asset impairments at Delvita and the divestiture of the Thai operations.
Delhaize Group's net debt amounted to EUR 2.6 billion at the end of 2004, a decrease of EUR 418.9 million compared to EUR 3.0 billion at the end of 2003 due to higher cash balances and the weakening of the U.S. dollar.
www.primezone.com /newsroom?d=74202   (4218 words)

  
 Delhaize Le Lion S.A. - Company Profile - Food Business Review   (Site not responding. Last check: 2007-11-06)
Delhaize Group recorded revenues of E17,971.6 million during the fiscal year ended December 2004, a decrease of 4.5% from 2003.
Delhaize Group's operations in the US are conducted through wholly-owned subsidiary, Delhaize America.
Delhaize America is a holding company having four subsidiary operating companies that conduct business primarily under various brands including Food Lion, Hannaford, Kash n' Karry and Harveys.
www.food-business-review.com /companyprofile.asp?guid=E97071F2-05DB-4E7A-9E13-9C249B1ED41D   (539 words)

  
 Delhaize Group Reports 2003 Results : ArriveNet Press Releases : Business   (Site not responding. Last check: 2007-11-06)
Delhaize Group's net debt amounted to EUR 3.0 billion at the end of 2003, a decrease of EUR 873.2 million compared to EUR 3.9 billion at the end of 2002.
Delhaize Group owned 318,890 treasury shares at the end of December 2003, when they were valued at EUR 40.78.
U.S. sales of Delhaize Group were also influenced by the closing of 42 stores in the first quarter, the acquisition of 43 Harveys stores in the fourth quarter and a 53rd sales week compared to 52 weeks in the prior fiscal year (USD 308.6 million additional sales).
press.arrivenet.com /bus/article.php?id=267217   (4215 words)

  
 Delhaize Group   (Site not responding. Last check: 2007-11-06)
Delhaize Group is a food retailer headquartered in Belgium which operates in 9 countries.
As of December 31, 2004, Delhaize Group had a sales network (which includes directly operated, franchised and affiliated stores) of 2,565 stores and employed approximately 138,000 people.
In addition to food retailing, which accounts for approximately 95% of Delhaize Group's sales, Delhaize Group also 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.
www.delhaize.com /printerfriendly.asp?page=/en/gr_glance.asp&   (184 words)

  
 Delhaize Group   (Site not responding. Last check: 2007-11-06)
Delhaize Group shares are either bearer shares, in denominations of 1, 10, 25, 100 and 1,000 shares, or registered shares.
Delhaize Group shares represented the 77th largest constituent in the index.
At the end of 2002, a Delhaize Group share was worth EUR 17.72, a 69.7% decrease compared to EUR 58.45 one year earlier.
64.29.208.90 /en/in_stock.asp   (495 words)

  
 Delhaize Group   (Site not responding. Last check: 2007-11-06)
A maximum of 150,000 stock options on Delhaize shares are offered as incentive compensation to about 480 managers in Belgium and executives in non-US operating companies of the Group.
Delhaize Group intends to maintain this motivation plan for its management in the coming years by offering new stock options.
Delhaize Group is a food retailer headquartered in Belgium and listed on Euronext Brussels and on the New York Stock Exchange.
www.delhaizelelion.com /en/me_NewsDetails.asp?ID=265   (286 words)

  
 DELHAIZE GROUP reports third quarter results 2001 - EBITDA increase by 38.0%, Cash EPS by 36.9%
Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, reported today an increase of cash earnings per outstanding share by a strong 36.9% to EUR 1.00 in the third quarter of 2001.
In the third quarter of 2001, the contribution of Delhaize America to the cash earnings of Delhaize Group was USD 76.7 million (EUR 86.2 million), an increase by 263.1% compared to USD 21.1 million (EUR 23.3 million) in the comparable thirteen-week period in 2000.
Delhaize America achieved approximately USD 13 million in benefits from best practices and synergy development in the third quarter of 2001 for a total of USD 47 million achieved in the first full year post-acquisition, exceeding the original target of USD 40 million.
www.behr.nl /Beurs/PRLine/127390.html   (2740 words)

  
 Delhaize extends US business
Delhaize has today announced that it is to buy 43 Harveys supermarkets, located in central and south Georgia and the Tallahassee area of Florida, for $26.1 million (€24.2m) plus a further $18 million in debt.
But Delhaize stressed that the underlying performance from its US business was good, with organic sales growth of 1.6 per cent due to improving sales at Food Lion and Kash n' Karry and the continued strong performance from Hannaford.
Rick Anicetti, president and CEO of Food Lion and executive vice president of Delhaize, said that the acquisition of Harveys was in line with the company’s strategy of “filling in and reinforcing its presence in the company's current geographic footprint”.
www.beveragedaily.com /news/news-NG.asp?id=18033   (543 words)

  
 Delhaize Group Reports Third Quarter 2004 Results   (Site not responding. Last check: 2007-11-06)
Delhaize Group (Euronext Brussels:DELB) (NYSE:DEG), the Belgian international food retailer, announced today that in the third quarter of 2004 its net earnings increased by 33.2% to EUR 71.2 million due to continued good sales momentum and improved margins.
The net impact of the storms on sales of Delhaize U.S. was almost neutral, and the exceptional charge related to loss and damage was USD 10.7 million (EUR 8.7 million) before taxes compared to USD 16.1 million (EUR 14.4 million) before taxes in 2003 related to Hurricane Isabel.
Delhaize Group is a Belgian food retailer present in nine countries on three continents.
www.primezone.com /newsroom/news_releases.mhtml?d=67290   (2479 words)

  
 Delhaize Group Reports Second Quarter and First Half Year 2004 Results   (Site not responding. Last check: 2007-11-06)
Delhaize Group's net debt amounted to EUR 2.9 billion at the end of the second quarter of 2004, a decrease of EUR 144.8 million compared to the end of 2003 despite a strengthening of the U.S. dollar by 3.9% between the two balance sheet measurement dates.
The U.S. sales of Delhaize Group grew by 5.2% to USD 7.9 billion in the first six months of 2004 compared to the previous year, supported by the acquisition of Harveys in the fourth quarter of 2003 and despite the closing of 34 Kash n' Karry stores in the first quarter of 2004.
Delhaize Group is in an advanced stage of negotiations on the possible sale of a significant number of stores.
www.primezone.com /newsroom/news_releases.mhtml?d=61964   (2903 words)

  
 Delhaize stock prices on the rise
Delhaize did not put a time limit on the buy-back, and corporate spokeswoman Chris Ahearn said the company had not specified whether the company will buy A or B stock.
Delhaize already owns more than 52 percent of the B stock, which is the company’s voting stock.
Delhaize America’s class B stock hit a 52-week low of 18 3/4 on Oct. 26 and climbed to a high of 37 3/4 Aug. 2.
www.salisburypost.com /november99/110499d.htm   (401 words)

  
 Delhaize Group stock - The gift of a single share.
Delhaize Group is a retail group specializing in the self-service sale of food products and daily items.
Delhaize Group's sales network, at year-end 2001, consisted of 2,444 stores in 10 countries on three continents.
Delhaize America is Delhaize Group's largest operating company.
www.singleshare.com /stocks/deg.shtml   (160 words)

  
 Complaint: SEC v. Jean-Jacques Degroof and Francis Degroof
Delhaize America, Inc. was, at all material times, a New York Stock Exchange listed company headquartered in Salisbury, North Carolina, engaged in the business of operating supermarkets.
On January 7, 2000, the board of directors of Delhaize Group authorized a study regarding the feasibility of purchasing substantially all of the shares of Delhaize America, Inc. not owned by Delhaize Group.
When the defendants purchased the Delhaize America, Inc. stock, they possessed material, nonpublic information about the contemplated buyout offer and they knew, or recklessly disregarded the fact that they obtained the material nonpublic information about the buyout offer in breach of fiduciary or similar duties of trust and confidence.
www.sec.gov /litigation/complaints/complr17554.htm   (836 words)

  
 Delhaize hit by dollar dip
Delhaize preferred to put a positive spin on its performance in 2002, highlighting its efforts to stem declining sales at US units Food Lion and Kash n' Karry, as well as strong performances from another USA unit, Hannaford, its domestic Delhaize business and Alfa-Beta in Greece.
Delhaize Belgium sales grew by 6.5 per cent thanks to the expansion of the network by 32 stores and comparable store sales growth of 3.7 per cent.
Delhaize’s Asian unit reported sales growth of 16.6 per cent as a result of the addition of 17 supermarkets during the year.
www.nutraingredients.com /news/news-NG.asp?id=17170   (670 words)

  
 Eurofood: Roaring trade at Delhaize "Le Lion" - Brief Article
As 1999 began, Delhaize was present in eight countries and owned 1 904 outlets, 88 more than a year earlier.
Delhaize expects to grow its worldwide number of outlets to over 2 000 in the coming year, which also sees Frans Vreys and Gui de Vaucleroy, chairman of the board and CEO respectively, reach retirement age.
A top-level management reshuffle has resulted in the appointment of Pierre Olivier Beckers as CEO and president of the executive committee, while Vaucleroy replaces Vreys as chairman of the board, and the latter remains director of the group.
www.findarticles.com /p/articles/mi_m0DQA/is_1999_Jan_28/ai_53877163   (396 words)

  
 Delhaize: AD Delhaize
Delhaize vous propose de faire fructifier votre capital et votre dynamisme de la meilleure manière possible : en l' investissant dans une entreprise dont vous serez vous-même le patron.
La formule d'association chez Delhaize vous permet de disposer d'un point de vente à la mesure de vos ambitions, de vos compétences et de votre capital de départ.
Comme partenaire de Delhaize c'est vous qui, en tant qu'indépendant, gérez votre commerce...autant que de votre succès puisque vous êtes le premier à en récolter les fruits.
www.delhaize.be /delhaize/ad/_fr/ad.asp   (436 words)

  
 Delhaize Group - Fact Sheet - Hoover's
Delhaize "Le Lion" operates 2,550-plus retail stores under 20-plus names in the US and eight countries in Europe and Asia.
On its own turf, Delhaize Belgium runs more than 700 stores under banners such as AD Delhaize, Delhaize, Di (health and beauty products), Tom and Co (pet products), and Proxy (convenience stores).
Delhaize Groep publiceert bijkomende voorlopige financiele informatie volgens IFRS
www.hoovers.com /delhaize/--ID__90636--/free-co-factsheet.xhtml   (369 words)

  
 brandchannel.com | Delhaize Bio Brand | Organic Food and Beverages | brands | brand | branding
When Delhaize launched organic food into its own product line, it decided to place the organic items on the same counter as conventional food.
But as the brand grew, Delhaize had more difficulties in adapting to the different shapes and forms of food.
But although Delhaize was the first to introduce organic food in Belgium and is still ahead all its competitors, it needs to grow even more.
www.brandchannel.com /features_profile.asp?pr_id=201   (1728 words)

  
 Delhaize America - Overview
Delhaize America’s stores play an integral part in delivering healthy meals to the dinner table of millions of Americans on the eastern seaboard.
Delhaize America’s diverse portfolio of store brands are tailored to meet regional tastes and demands.
While each is unique, all companies operating under the Delhaize America umbrella share the common goal of serving America’s families with the best quality groceries at affordable prices.
www.delhaizeamerica.com /overview.htm   (119 words)

  
 Kash n' Karry - News
The object of the e-mail is to encourage the widest dissemination of the e-mail under the guise of a “beta test” with the promise of payment to those who forward the e-mail.
Delhaize Group has food operations in 10 countries on three continents.
Delhaize Group and Delhaize America disclaim any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.
www.kashnkarry.com /apps/knknews.ASP?parm=63   (737 words)

  
 Business: Delhaize seeks U.S. unit's shares
Delhaize Group, the Belgian parent that controls 57 percent of Delhaize America Inc.'s voting shares, said Thursday it is offering a $1.7-billion stock swap to shareholders of Delhaize America.
Delhaize America shareholders would end up owning shares in a parent company with supermarkets in 11 European and Asian countries.
Delhaize officials said the simpler ownership structure will help it keep up as American and European retail conglomerates race to tighten their grip in the grocery industry.
www.sptimes.com /News/090800/Business/Delhaize_seeks_US_uni.shtml   (533 words)

  
 NYSE > Events >Delhaize Group lists on the NYSE   (Site not responding. Last check: 2007-11-06)
Delhaize Group is a food retailer headquartered in Belgium.
At the end of 2000, Delhaize Group's sales network consisted of 2,310 stores in 10 countries on three continents.
In 2000, Delhaize Group achieved sales of EUR 18.2 billion and net earnings of EUR 160.7 million.
www.nyse.com /events/1047947349736.html   (76 words)

  
 Harveys Supermarkets - Recipes   (Site not responding. Last check: 2007-11-06)
J.H. Harvey Co., LLC is a subsidiary of Delhaize America, the U.S. division of Brussels-based Delhaize Group (NYSE: DEG).
Delhaize is a Belgian international food retailer, and Harveys will become the Group’s fourth U.S. banner, joining Food Lion, Hannaford and Kash n’ Karry.
Yet, as a member of Delhaize Group, we will have access to additional resources and capital that were previously unavailable to us as a private company.
www.harveys-supermarkets.com /about/about.htm   (1373 words)

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