Delhaize Group News

Delhaize Group SA, parent of Food Lion and Bloom supermarkets, said it would close its distribution center in Clinton, Tenn.

Brad Franklin walks across the top of the deli case as he finishes the lettering on the walls of the new Lately, when a pig flies, Pittsburgh-area TV viewers have learned it must be time for a commercial from Bottom Dollar Food.

The stock last traded at $54.46, down from its previous close of $54.88. Separately, analysts at Zacks Investment Research downgraded shares of Delhaize Group from an "outperform" rating to a "neutral" rating in a research note to investors on Saturday, December 10th.

According to a survey published by Capital Daily on Sunday, the companies will continue to optimize their retail network and close loss-making outlets.

The Food Lion on the Highway 321 Bypass is one of 14 S.C. stores the chain plans to close.

When Winn-Dixie Stores Inc. last month announced an agreement to be acquired by Bi-Lo LLC, it left open the question of where the merged Fortune 500 company's headquarters will be: Winn-Dixie's home in Jacksonville or Bi-Lo's offices in Greenville, S.C. While the companies still haven't answered that, we may have received a clue Friday when ... (more)