Retail Industry
Industry: Email Alert RSS FeedImproving sales trends at Food Lion and Kash n' Karry and continued strong sales at Hannaford—but mostly a shift in Easter—helped Delhaize America achieve 0.7% U.S. comparable-store sales growth in the fiscal 2003 second quarter - Retailer News - Brief Article
DSN Retailing Today, August 18, 2003
Improving sales trends at Food and Kash n' Karry and continued strong sales at Hannaford--but mostly a shift in Easter--helped Delhaize America achieve 0.7% U.S. comparable-store sales growth in the fiscal 2003 second quarter. Total sales as recorded by the subsidiary's Belgian parent company decreased by 12.5% to euro 4.6 billion, impacted by a 19.2% weakening of the U.S.
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dollar against the European currency. Organic sales growth was 2.8%, the company reported.
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