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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. [7]
Ralph Wright Ketner (September 20, 1920 – May 29, 2016) was an American businessman and philanthropist. He was the founder of Food Lion (which was founded as Food Town) in 1957.
Co-founder of Food Town (later renamed Food Lion), Ralph Ketner started working in the grocery business as a child in his father’s meat store in Salisbury, North Carolina and later as a teenager during the Depression in his brother’s Kannapolis, North Carolina store.
- Customer Segments
- Value Propositions
- Channels
- Customer Relationships
- Key Activities
- Key Partners
- Key Resources
- Cost Structure
- Revenue Streams
Food Lion serves a large customers base in its operating markets across the US. The Company serves members of the general consumer population that typically fall into one or more the following customers segments: 1. Urban Consumers, comprising consumers who reside in or close to metropolitan areas and appreciate the convenience of the Company’s loc...
Food Lion provides value to its customers in the following ways: 1. Brand Name and Reputation – Food Lion has a positive reputation that dates back to the chain’s foundation in 1957, the Company having established itself as a reliable and effective provider of good quality products and an enjoyable shopping experience; 2. Affordability – Food Lion ...
Food Lion primarily serves its customers through its network of retail outlets across the Mid-Atlantic and Southeastern US. The Company currently operates around 1,000 stores across the US, all of which are staffed by the Company’s dedicated sales personnel, who are able to provide in-person service to customers directly, handling complaints and of...
Food Lion provides services directly to its customers through its retail outlets. Its in-store sales personnel interact personally with customers to assist in their shopping experience, responding to queries, handling complaints, and providing guidance. The Company seeks to establish lasting relationships with its customers through this high qualit...
Food Lion is an operator of grocery stores.It controls a network of grocery store outlets across the Southeastern and Mid-Atlantic US. The Company’s network currently stands at around 1,000 outlets. Food Lion offers a wide range of products across its stores, including fresh produce, meats, deli products, seafood, groceries, beers and beverages, ba...
Food Lion works closely with a wide range of partner companies and organisations that support its retail operations. These partners can be organised broadly into the following categories: 1. Supplier and Vendor Partners, comprising suppliers of fresh produce, grocery products, and other merchandise that is sold across the Company’s network of store...
Food Lion’s business model depends on its ability to provide consumers with high quality products efficiently and reliably. As such, the Company’s key resources are its brand name and intellectual properties, its network of physical retail outlets, its suppliers and supply chain, its distribution infrastructure, its IT infrastructure – including it...
Food Lion incurs costs in relation to the procurement of grocery supplies and produce, the procurement of third-party services, the operation of its network of stores – including occupancy and utility costs, the management of its partnerships, the payment of salaries and benefits to its employees, the operation and maintenance of its distribution i...
Food Lion generates revenue through the operation of a network of grocery store outlets in the US. The Company principally derives its revenue in the form of sales fees collected directly from customers at its retail outlets, as well as via its online ordering service. As noted above, Food Lion is a subsidiary of Ahold Delhaize and does not publish...
A regional grocery chain and subsidiary of Belgium-based Delhaize Group, Food Lion began in 1957 as a one-store operation in Salisbury, North Carolina, under the name Food Town and the direction of Ralph W. Ketner.
Ralph W. Ketner (September 20, 1920 – May 29, 2016) [1] was an American businessman and philanthropist. He was known for being the founder of Food Lion (founded as Food Town). [2] He founded the grocery store chain in the 1950s.
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May 31, 2016 · Ralph Ketner helped turn $50 investments in a N.C. grocery store into the Food Lion chain. He was 95. In 1992, an ABC hidden camera report showed employees selling spoiled meat.
