Delhaize Group to close six Piccadilly stores in Bulgaria this year .

By bne IntelliNews January 13, 2012
Belgian trader Delhaize Group intends to close five Piccadilly stores (in Ruse, Stara Zagora, Yambol, Varna, and Plovdiv) and one corner shop Piccadilly Express in Plovdiv in 2012 as part of its global strategy to optimise its portfolio, Dnevnik Daily informs. As a result, the company will reduce its staff by 99 employees. Delhaize will close a total of 164 stores in the US and Europe (of which 20 units in southeast Europe, including Bulgaria) this year due to low performance. Also, Delhaize plans to discontinue operations under the Tempo trade mark by the end of the year and is considering options about its only Tempo hypermarket in the country, located in the capital city of Sofia. At the same time, Delhaize Bulgaria informs that it will continue opening new stores to confirm its position of a leading retailer in the country. It will reduce the prices and offered products under the Delhaize trade mark. We remind that in October w0qq, chief operating manager of Piccadilly Erikjan Lantink said that Delhaize Group plans to open at least 15 stores annually in the country under the trade mark of Piccadilly. Delhaize controls fully Piccadilly after it acquired Serbian retail group Delta Maxi last year. Delta Maxi bought Piccadilly in 2007. At present, Delhaize runs 42 stores in the country.

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