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Delhaize Group

 
Hoover's Profile: Delhaize Group
(NYSE:DEG) (Euronext Brussels:DELB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Delhaize Group
Square Marie Curie 40
1070 Brussels, Belgium
Tel. +32-2-412-21-11
Fax +32-2-412-21-94

Type: Public
On the web: http://www.delhaizegroup.com
Employees: 141,000
Employee growth: 2.3%

This Belgian's roar can be heard from Brussels to Bali to Baltimore. Food retailer Delhaize Group runs some 2,700 stores -- including flagship banner Delhaize Le Lion -- throughout North America, Europe, and Southeast Asia. Food retailing accounts for a lion's share of the company's profits, but it also engages in food wholesaling and non-food retailing of pet and health and beauty products. Delhaize Group's sales network consists of company-operated, affiliated, and franchised stores, 85% of which are in supermarket format. Other store formats include neighborhood, convenience, and specialty stores. US subsidiary Delhaize America is one of the largest supermarket operators on the East Coast.

Key numbers for fiscal year ending December, 2008:
Sales: $26,814.3M
One year growth: (3.9%)
Net income: $675.2M
Income growth: 8.1%

Officers:
Chairman: Baron Georges Jacobs de Hagen
Group President, CEO, and Director; Chairman and CEO Delhaize America: Pierre-Olivier Beckers
EVP and CFO: Stéfan Descheemaeker

Competitors:
Ahold USA
Carrefour
Royal Ahold

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Wikipedia: Delhaize Group
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Delhaize Group SA/NV
Type Public (Euronext: DELB, NYSEDEG)
Founded 1867
Headquarters Brussels, Belgium
Key people Pierre-Olivier Beckers (CEO), Georges Jacobs (Chairman of the board)
Industry Retail
Services Supermarkets, hypermarkets, convenience stores, wholesale
Revenue €19.02 billion (2008)[1]
Operating income €904 million (2008)[1]
Profit €467 million (2008)[1]
Employees 106,250 (FTE, 2008)[1]
Website www.delhaizegroup.com

Delhaize Group (Euronext: DELB, NYSEDEG) is a food retailer headquartered in Belgium which operates in eight countries and on three continents.[2] The principal activity of Delhaize Group is the operation of food supermarkets.

Contents

History

Delhaize Group was founded in Belgium in 1867.

As of 31 December 2006, Delhaize Group had a sales network (which includes directly operated, franchised, and affiliated stores) of 2,705 stores and employed approximately 140,000 people. 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.

In addition to food retailing, which accounted for approximately 95% of Delhaize Group's sales in 2005, 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.

Delhaize Group recorded sales of €19.225 billion in 2006 and net income of €351.9 million. Delhaize Group's operations are located primarily in the United States (Food Lion LLC, Hannaford Bros. Co., and Sweetbay Supermarket) and Belgium. Other operations are located in Germany, Greece, Romania, and Indonesia.

In 2007, the company left the Czech market after 16 years and sold all of its 97 supermarkets to Billa.[3] In 2009, the company left the German market after 6 years and sold all of its 4 supermarkets to REWE Group.

Sales divisions

Operating locations includes:

Europe

Belgium

  • Delhaize
  • AD Delhaize
  • Proxy Delhaize
  • Shop'n Go
  • City Delhaize
  • Red Market
  • Tom&Co
  • Caddyhome

Luxembourg

  • Delhaize
  • City Delhaize

Greece

Romania

North America

United States

Operates as Delhaize America, a wholly owned subsidiary of Delhaize Group:

Asia

Indonesia

  • Super INDO

See also

References

  1. ^ a b c d "Annual Report 2008". Delhaize. http://www.delhaizegroup.com/LinkClick.aspx?fileticket=5aN61cUMqp4=&tabid=231. Retrieved 2009-05-25. 
  2. ^ Delhaize Group operating companies
  3. ^ BILLA ČR zdvojnásobí podíl na trhu, obrat, počet prodejen i zaměstnanců (BILLA ČR will double its market share, sales, number of supermarkets and employees) (Delvita press release, 1 June 2007)

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