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Delhaize looks to cut costs at home
date:May 19, 2014
Despite announcin solid quarterly results last week, the board of Belgium's largest retail chain Delhaize is looking to cut costs in its home market.

Delhaize Group reported that its net profit rose 57.6% in Q1 thanks largely to exceptional charges.

However, its core profit came in slightly below expectations as a strong sales performance in the US was undermined by a slowdown in its Belgian operations.

In its home market, the group cited tough competition as same store sales fell 0.8% durin

12/24 05:03