Louis Delhaize has announced the introduction of a savings plan for Cora operations in Belgium, internally called “Coravenir”.
•    The plan does not involve staff layoffs, only replacements and increased flexibility for staff: in scheduling, navigation between boxes and aisles, and on working terms:
o    Removal of temporary merchandisers, non-replacement of retirement and introduction of student contracts.
•    Coravenir savings plan will also reorganize stores receptions, with a creation of a logistics hub.
•    The savings plan aims at making more profitable the Belgium operations of Cora, whose margins have slightly decreased since the entrance  of the Dutch chain Albert Heijn.