Delhaize Group

Delhaize Group

Delhaize Group

Type	Public
Founded	1867
Headquarters	Brussels
Key people	Xavier Piesvaux (CEO)
Industry	Retail
Products	Supermarkets, Hypermarkets
Revenue	€24.4 billion (2019)
Operating income	€1.1 billion (2019)
Net income	€0.6 billion (2019)
Employees	150,000 (2019)
Website	[www.delhaizegroup.com Official website]

Delhaize Group is a Belgian retail company that operates a chain of supermarkets and hypermarkets. It was founded in 1867 by Jules Delhaize and Auguste Delhaize in Brussels, Belgium. The company is currently headquartered in Brussels and is a subsidiary of Ahold Delhaize.

History

Delhaize Group has a long history that dates back to its founding in 1867. The company started as a small grocery store in Brussels and gradually expanded its operations over the years. In the early 20th century, Delhaize Group began opening larger supermarkets and hypermarkets, offering a wider range of products to its customers.

In 1957, Delhaize Group introduced its first self-service supermarket, which revolutionized the retail industry in Belgium. This concept allowed customers to browse and select products themselves, leading to a more convenient and efficient shopping experience.

Over the years, Delhaize Group continued to expand its presence both domestically and internationally. The company acquired several other retail chains and established a strong foothold in various markets. Today, Delhaize Group operates in several countries, including Belgium, the United States, Greece, Serbia, and Romania.

Operations

Delhaize Group operates a diverse portfolio of supermarkets and hypermarkets under various brand names. Some of its well-known brands include Delhaize, Food Lion, Hannaford, and Maxi. These stores offer a wide range of products, including groceries, fresh produce, household items, and personal care products.

The company focuses on providing high-quality products and excellent customer service. Delhaize Group strives to meet the needs and preferences of its customers by offering a diverse selection of products at competitive prices. It also emphasizes sustainability and responsible business practices, aiming to reduce its environmental impact and support local communities.

Financial Performance

In 2019, Delhaize Group reported a revenue of €24.4 billion, with an operating income of €1.1 billion and a net income of €0.6 billion. The company employs approximately 150,000 people worldwide, making it one of the largest employers in the retail industry.

External links

• Official website