Food Lion
 |
|
| Subsidiary | |
| Industry | Retail |
| Predecessor | Food Town |
| Founded | 1957 (as Food Town) 1983 (as Food Lion) |
| Headquarters | Salisbury, North Carolina, U.S. |
|
Number of locations
|
1,089 stores (2016) |
|
Area served
|
Mid Atlantic, South Atlantic, Georgia, West Virginia |
|
Key people
|
Meg Ham, President Greg Finchum, Sr. Vice President Karen Fernald, Sr. Vice President, |
| Products | Grocery |
|
Number of employees
|
64,999 |
| Parent | Ahold Delhaize |
| Website | www |
Coordinates: 35°40′58″N 80°30′42″W / 35.682678°N 80.511744°W
Food Lion LLC is a grocery store company headquartered in Salisbury, North Carolina, that operates more than 1,100 supermarkets in 10 states of the Southeastern United States under the Food Lion banner. With about 63,000 employees, Food Lion, LLC. is currently owned by Ahold Delhaize after it was acquired by the Delhaize Group in 1974. One of the founders was philanthropist Ralph Ketner.
Food Lion was founded in 1957 in Salisbury, North Carolina, as Food Town by Wilson Smith, Ralph Ketner, and Brown Ketner. The Food Town chain was acquired by the Belgium-based Delhaize Group grocery company in 1974. In June 2015, it was announced that Food Lion's parent company, the Delhaize Group, and Ahold would merge into Ahold Delhaize. This merger was completed in July 2016.
The Food Lion name was adopted in 1983; as Food Town expanded into Virginia, the chain encountered several stores called Foodtown in the Richmond area. Expansion into Maryland would have been a bigger problem since about 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".
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Wikipedia