Delhaize Group

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Delhaize Group[edit | edit source]

Delhaize Group
Company typePublic
IndustryRetail
Founded1867
FounderJules Delhaize, Auguste Delhaize
Headquarters
Brussels
,
Belgium
Key people
Xavier Piesvaux (CEO)
ProductsSupermarkets, Hypermarkets
Revenue€24.4 billion (2019)
€1.1 billion (2019)
€0.6 billion (2019)
Number of employees
150,000 (2019)
ParentAhold Delhaize
Websitewww.delhaizegroup.com



Delhaize Group is a Belgian retail company that operates a chain of supermarkets and hypermarkets. It was founded in 1867 by Jules Delhaize and Auguste Delhaize in Brussels, Belgium. The company is currently headquartered in Brussels and is a subsidiary of Ahold Delhaize.

History[edit | edit source]

Delhaize Group has a long history that dates back to its founding in 1867. The company started as a small grocery store in Brussels and gradually expanded its operations over the years. In the early 20th century, Delhaize Group began opening larger supermarkets and hypermarkets, offering a wider range of products to its customers.

In 1957, Delhaize Group introduced its first self-service supermarket, which revolutionized the retail industry in Belgium. This concept allowed customers to browse and select products themselves, leading to a more convenient and efficient shopping experience.

Over the years, Delhaize Group continued to expand its presence both domestically and internationally. The company acquired several other retail chains and established a strong foothold in various markets. Today, Delhaize Group operates in several countries, including Belgium, the United States, Greece, Serbia, and Romania.

Operations[edit | edit source]

Delhaize Group operates a diverse portfolio of supermarkets and hypermarkets under various brand names. Some of its well-known brands include Delhaize, Food Lion, Hannaford, and Maxi. These stores offer a wide range of products, including groceries, fresh produce, household items, and personal care products.

The company focuses on providing high-quality products and excellent customer service. Delhaize Group strives to meet the needs and preferences of its customers by offering a diverse selection of products at competitive prices. It also emphasizes sustainability and responsible business practices, aiming to reduce its environmental impact and support local communities.

Financial Performance[edit | edit source]

In 2019, Delhaize Group reported a revenue of €24.4 billion, with an operating income of €1.1 billion and a net income of €0.6 billion. The company employs approximately 150,000 people worldwide, making it one of the largest employers in the retail industry.

References[edit | edit source]

External links[edit | edit source]

Contributors: Prab R. Tumpati, MD