Delhaize Group Becomes Member of AMS Buying Alliance
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BRUSSELS, BELGIUM, Jun 16 (MARKET WIRE) --
Delhaize Group (EURONEXT: DELB) (NYSE: DEG), the Belgian international food
retailer, announced today that on January 1, 2009 it will become a member of
AMS.
ThroughAMS' international sourcing expertise Delhaize Group will further
optimize its
price negotiations for its private label programs.
AMS is one of the largest buying alliances in Europe for private label
products. By sourcing commodities on a European and global scale, AMS has
the objective to deliver its members the best possible quality products at the
best possible price.
Today, the AMS partnership counts 11 European retailers. These
represent
approximately EUR 75 billion in sales in Europe. As from January 1, 2009,
Delhaize Group becomes a member, together with Systeme U (France). Until
then, Delhaize Group remains a partner of European Marketing Distribution
(EMD), the European buying alliance it joined in 2001.
"As a partner of AMS, we will be able to improve our private label
programs
further and create economies of scale that will benefit the consumer", says
Renaud Cogels Executive Vice President Delhaize Group, Chief Executive
Officer Southeastern Europe and Asia and Head of Global Sourcing.
"Private label products have become an increasingly important tool
for differentiation and customer loyalty building, especially in our historical
Belgian and European markets. Today more than ever, they also present a
welcome alternative to consumers which purchasing power is under pressure."
Delhaize Group
Delhaize Group is a Belgian food retailer with operations in seven
countries
on three continents. At the end of 2007, Delhaize Group's sales network
consisted of 2,545 stores. In 2007, Delhaize Group's revenues amounted to EUR
19.0 billion. In 2007, Delhaize Group posted EUR 410.1 million in net profit.
At the end of 2007, Delhaize Group employed approximately 138,000 people.
Delhaize Group is listed on Euronext Brussels (DELB) and the New York
Stock Exchange (DEG).
This press release is available in English, French and Dutch. You can also
find it on the web site http://www.delhaizegroup.com. Questions can be sent to
investor@delhaizegroup.com.
Copyright Copyright Hugin AS 2008. All rights reserved.
CONTACTS:
Guy Elewaut:
+ 32 2 412 2948
Geert Verellen:
+ 32 2 412 8362
Barbera Hoppenbrouwers:
+ 32 2 412 86 69
Copyright 2008, Market Wire, All rights reserved.
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