Tough Belgian market weighs on Delhaize profits
date:May 08, 2014
which weights analysts by their previous track record, sees a 4.1 percent fall to 722 million.

In the Belgian market, Delhaize competes with German hard discounters Aldi and Lidl as well as Belgian group Colruyt and France's Carrefour. Most recently Dutch supermarket group Ahold has started to expand in the country.

Ahold is beginning to gain ground from historical players and once it reaches decent size, its excellent price positioning is likely to do a lot of damage, analysts at Natixis wro
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