Delhaize Closes Stores, Plans 5,000 Job Cuts

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Jan. 12 (Bloomberg) -- Delhaize Group SA, the owner of Food Lion supermarkets, plans to cut about 5,000 positions and expects a 2.4 percent drop in revenue as it closes stores in the U.S. and Europe. Linzie Janis and Elliott Gotkine report on Bloomberg Television's "Countdown." (Source: Bloomberg)

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