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The Food Town chain was acquired by the Belgium-based Delhaize Group grocery company in 1974. 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.
In 2000, Delhaize America bought Hannaford; the purchase both eliminated an emerging competitor to its Food Lion chain in the Southeast and expanded Delhaize operations into the Northeast. Some Hannaford locations in North Carolina were sold to Lowes Foods upon the buyout by Delhaize while others were closed.
Food Lion's parent company is Ahold Delhaize, the same owners since 1974. Delhaize merged with Ahold in 2015 and holds a wide range of retail stores in 10 different countries. In the United States, they also own the popular online grocery service FreshDirect, as well as my beloved hometown grocery store Giant.
Founded and based in Salisbury, N.C., since 1957, Food Lion is a company of Ahold Delhaize USA, the U.S. division of Zaandam-based Ahold Delhaize. For more information, visit foodlion.com.