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Delhaize America taps SAF to automate store-level replenishment
Irving, Texas -- SAF U.S.A. announced that Delhaize America, the primary subsidiary of Delhaize Group, has selected SAF RetailSuite Store to support its in-stock conditions and align its inventory with consumer demand.
Delhaize America, which operates under the banners Food Lion, Bloom, Bottom Dollar Food, Harveys, Hannaford and Sweetbay, will implement the solution in its 1,500 stores across 16 states.
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Lease accounting changes will impact retail and restaurant industries
By Dwayne Shackelford, [email protected]
Proposed new lease accounting rule changes will have a significant impact on many retail and restaurant companies. The good news is that rent will no longer appear on the income statement; the bad news is that it will be replaced by amortization and interest charges, which will generally be larger in the first years of a lease and lower in the latter years.