Delhaize to cut 2,500 Belgian jobs to tackle falling margins
date:Jun 12, 2014
etitive advantage not only because its workforce is young but also because it can source products at a lower price in the Netherlands, KBC Securities analyst Pascal Weber wrote.

Delhaize, which over the past years has also invested heavily in a turnaround of its Food Lion stores in the United States, said it would make an additional investment of 450 million euros ($613 million) in the Belgian stores, mainly focusing on efficiency programmes and remodelling.

The news comes two years after Delh
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