Delhaize to open 200 supermarkets, mainly in eastern Europe and Asia

Belgium's Delhaize Group has announced that it will this year pay a lower dividend than the last year, as it is now focused on opening new retail stores and refreshing the existing ones as well as on the price reduction strategy, Planet Retail reports.

This retailer has proposed to pay a gross dividend of EUR 1.4 per share instead of last year's EUR 1.76 per share.

Delhaize has also announced the opening of about 200 supermarkets, primarily in markets in eastern Europe and Asia, where this company saw a revenue growth in the last quarter.