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Delhaize to close 126 stores, retire Bloom banner |
01.13.2012
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To strengthen its U.S. operations, Delhaize America will close 126 stores and convert several others; retire the Bloom banner; close a distribution center in Tennessee, and accelerate the rollout of the Food Lion brand strategy in an additional 600-700 stores. The plans were announced on Jan. 11.
"Today's actions will enable our company to focus on our successful brand strategy repositioning at Food Lion and the expansion of Bottom Dollar Food in new markets," said Ron Hodge, CEO of Delhaize America.
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Closures will occur within 30 days, and store conversions will begin immediately. A complete list of store closings is available at http://www.foodlion.com/corporate/pressroom. About 4,900 employees are projected to be affected.
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