Delhaize to Close Food Lion and Kash n’ Karry Stores

Discussion
Jan 10, 2003
George Anderson

By George Anderson


Delhaize plans to close 41 Food Lion locations and one Kash n’ Karry store
by the end of this month.


Food Lion spokesman Jeff Lowrance told the Raleigh News Observer, “These
stores were under-performing, meaning they were just not profitable. So it makes
sense to close those.”


The company has not yet publicly identified which stores are closing.


Moderator’s Comment: What is your reaction to the Delhaize
announcement?


It never makes sense to continue operating stores that
don’t make money. Many of the Food Lion and Kash n’ Karry locations that are
making money, however, are watching an increasing amount of their customers’
dollars going to Wal-Mart and others.
[George
Anderson – Moderator
]

Please practice The RetailWire Golden Rule when submitting your comments.

Join the Discussion!

Be the First to Comment!


wpDiscuz