Delhaize to Cut 5,000 Jobs as It Closes Stores

Delhaize to Cut 5,000 Jobs as It Closes Stores

Jock Fistick/Bloomberg

Delhaize staff restock the cold fridge display at a supermarket, owned by the Delhaize Group SA in Brussels. The store closures and jobs cuts at Delhaize come as consumers continue to be hurt by high levels of joblessness in U.S. and Europe.