March 29, 2017 12:27 PM ET

Food and Staples Retailing

Company Overview of Delhaize America, LLC

Company Overview

Delhaize America, LLC, through its subsidiaries, operates retail food supermarkets in the eastern United States. The company’s supermarkets sell various grocery, produce, meat, dairy, seafood, frozen food, and deli-bakery products, as well as non-food items, such as health and beauty care products, prescription medicines, and other household and personal products. It offers brand name merchandise, as well as products manufactured and packaged for the company, primarily under the private labels of Food Lion, Hannaford, Kash n’ Karry, Sweetbay, and Harveys. The company was founded in 1957 and is based in Salisbury, North Carolina. Delhaize America, LLC operates as a subsidiary of Etablissement...

2110 Executive Drive

P.O. Box 1330

Salisbury, NC 28145-1330

United States

Founded in 1957

45,455 Employees

Phone:

704-633-8250

Fax:

704-645-4499

Key Executives for Delhaize America, LLC

Chief Executive Officer
Age: 58
Chief Executive Officer of Delhaize Group and President of Delhaize Group
Age: 55
President of Kash n' Karry
Age: 61
Chief Information Officer
Assistant Secretary
Compensation as of Fiscal Year 2016.

Delhaize America, LLC Key Developments

Kevin Holt Resigns as a CEO from Delhaize America

Delhaize America announced that Kevin Holt's departure as CEO to assume his new role at Ahold USA.

Delhaize America Reports Earnings Results for the Fourth Quarter and Full Year of 2015

Delhaize America reported earnings results for the fourth quarter and full year of 2015. For the fourth quarter of 2015, revenues in the U.S. increased by 2.6% to $4.4 billion (€4.1 billion) excluding a 53rd trading week in 2014 against $4.7 billion (€3.7 billion) last year. Comparable store sales growth was 2.3% despite retail deflation of 1.0%, driven by planned price investments in both banners, and mild weather. Both Food Lion and Hannaford continued to report positive real sales growth of over 3%. For the full year, Delhaize America generated revenues of $17.8 billion (€16.0 billion), an increase of 2.2% in local currency excluding a 53rd trading week in 2014 compared to $17.7 billion (€13.4 billion) last year. Comparable store sales growth in 2015 was 2.2%. The company also made its profitability target for the year, with underlying operating profit margin of 4%.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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