Wilson Smith, Ralph Ketner, and Brown Ketner. The Food Town chain was acquired by the Belgium-based Delhaize Group virginia abc price list pdf company in 1974.
This merger was completed in July 2016. 100 independent, but affiliated, stores were called Food Town. Because Delhaize had a lion in its logo, Food Town had asked to use it on product labels and new store signs. Ralph Ketner realized “lion” needed only two new letters and the movement of another in the chain’s signs. On December 12, 1982, Ketner announced the name change to “Food Lion,” and by the end of March 1983, all stores had been rebranded. The name change, while puzzling for American customers, made economic and historic sense, as Delhaize was once known as “Delhaize Le Lion”. During this time, the chain was the fastest-growing supermarket company in the U.
100 new stores each year. According to some industry sources, the new stores in Texas, Louisiana, and Oklahoma were already operating below sales projections. The small, lackluster Food Lion stores were beginning to compete with national retail leaders, such as Albertsons, Kroger, Tom Thumb, and Jewel-Osco—all of which were already well-respected in the Southwest and which operated larger stores with more features, but the effects of the devastating ABC report could not be denied, and sales and revenue plummeted. Fort Worth Metroplex, widespread reports were given of stores sending half of their staff home early due to lack of business and of other stores with “virtually zero meat sales”. In the fiscal quarter that included the Thanksgiving holiday of 1992, Delhaize America reported company-wide same-store sales declines of 9. As a result, Food Lion was forced to greatly scale back its expansion plans in Texas and Oklahoma, as well as delay its planned entry into new markets in Missouri, Kansas, and Illinois. Additionally, the Labor Department said Food Lion’s top management provided assurances that no retaliatory action would be taken against employees who filed complaints about unpaid overtime or other potential FLSA violations.
On January 7, 1994, Delhaize announced the first major round of store closings in what would become a yearly event. The stores to be closed included 47 of its brand-new stores in Texas and Oklahoma, as well as stores in Florida, Georgia, North Carolina, Pennsylvania, South Carolina, and Virginia. Fort Worth, Houston, and Oklahoma City. Beginning in 2003, Food Lion became active in “market renewals” in which every year Food Lion picks certain cities in their operating area where they remodel stores and update the product offerings. In 2006, Food Lion advanced their market renewals program by using demographic and geographic data to figure out whether certain stores should be branded as Food Lion, Bloom, or Bottom Dollar.
If the data supported that an already existing Food Lion was adequate for a certain community, the location would simply be remodeled. Should the data support otherwise, the Food Lion store would be remodeled and rebranded as either Bloom or Bottom Dollar. In early 2012, Food Lion closed 113 stores. These were in Georgia, North and South Carolina, Kentucky, and Tennessee as well as all the stores in Florida. In 2014, Food Lion began remodels in 76 of their stores in the greater Wilmington and Greenville North Carolina markets.
In March 2015, plans were announced for remodeling of its 162 locations in the Raleigh, North Carolina market. The Raleigh market remodels were expected to be completed in stores on a rolling basis between April and October 2015. 215 million investment in its greater Charlotte-area stores. This included remodeling 142 stores, additional price investments, and investments in associates and the community through its Food Lion Feeds initiatives. Delaware, Pennsylvania, Maryland, West Virginia, and Virginia to satisfy Federal Trade Commission’s review of the two parent companies merger. Food Lion stores can currently be found in Delaware, Georgia, Kentucky, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia. Bloom was Food Lion’s upscale grocery model that opened on May 26, 2004.
As of December 2009, 65 Bloom stores were in North Carolina, South Carolina, Maryland, and Virginia. On March 14, 2011, Delhaize announced that all Bloom supermarkets in North and South Carolina would close or be converted to the Food Lion banner. On January 11, 2012, Delhaize announced that the Bloom brand would be discontinued and that all Bloom supermarkets will either convert to Food Lion or permanently close. Bottom Dollar Food was Food Lion’s discount grocery model that focuses on offering a limited selection of both national brands and private label products. These stores had no bakeries or delis and more items were packaged. Customers bought the bags used to sack their own groceries at Bottom Dollar Food.