Delvita Betting on Quality in Czech Republic

Spare a moment of thought for managers at Delvita, the Czech subsidiary of Belgium's Delhaize Group. The company is coming off a loss of nearly EUR30mn (US$37.8mn) in 2005. Rumours in the Czech retail industry and business media claim Delhaize plans to sell and exit the market, as it has already done in neighbouring Slovakia. On top of all of this, generally healthy Delhaize has been mentioned as a potential merger partner for perennially troubled Dutch retailer Ahold. However, it appears Delvita will soldier on, betting on a major store makeover and setting itself apart as a quality grocer in

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