Delhaize to restructure U.S. operations as revenues slide
SALISBURY, N.C. Revenues for Delhaize America fell nearly 3% to $4.7 billion, the retail giant announced Thursday.
Same-store sales for Delhaize also dropped 3.6%, compared with the year-ago period. During the first six months of 2010, operating profit of Delhaize’s U.S. segment decreased by 12.8% to $459 million. Delhaize announced that part of the company’s savings plan, Delhaize Group will form single procurement organization for its U.S. operations, which will combine all Delhaize America’s buying functions into a stronger and unified entity, Delhaize said. The new organization will support the U.S. banners with assortment and promotions planning and execution, sourcing and procurement, private brand management and pricing expertise.
“The U.S. economic environment remains very challenging, especially in the Southeast and Florida, and consumer behavior is characterized by prudent spending and cherry-picking. Private-brand penetration continued to increase compared with last year at our U.S. operations,” the company said in its financial release.
Delhaize America is a leading supermarket operator in the United States with over 1 500 stores in 16 states in the eastern United States
Food Lion selects OfficeMax as a supplier
SALISBURY, N.C. Food Lion announced that OfficeMax will be the supplier for its family of brands, which includes Food Lion, Bloom, Harveys and Reid’s.
According to Food Lion, its stores will carry more than 200 OfficeMax products year-round, including award-winning Tul writing instruments, Dioga style supply products and various grades of OfficeMax brand copy paper. Stores also will carry a variety of such back-to-school items as notebooks, school glue and crayons.
“The Food Lion family is very excited about offering the OfficeMax product line at great prices for our customers,” said Ann Raives, Food Lion family director of category management. “This partnership with OfficeMax will provide our customers access to a number of office and school supply products that can be conveniently purchased during their grocery shopping trip.”
Weis opens remodeled store
SUNBURY, Pa. Weis Markets on Thursday announced its State College remodel and that it will be donating $16,000 as part of its Grand Opening Celebration to be held Aug. 14.
Local donations include $10,000 to the Nittany Medical Center’s Rural Diabetes program, $5,000 to Centre Volunteers for Medicine and $1,000 to Alpha Fire Department, the volunteer fire company servicing Ferguson Township, where the store is located.
As part of the remodel, the store has all new decor, upgraded produce and bakery departments and an improved pharmacy.