Food Lion brand products accounts for about 20% of sales. Founded in 1957 as Food Town, Food Lion is the largest US subsidiary of Delhaize America, a subsidiary of Brussels-based grocer Delhaize.Food Lion is a king among grocery chains in the Southeast and Mid-Atlantic regions where it operates about 1,330 supermarkets under the Food Lion, Bloom, Bottom Dollar, and Harveys banners. About half of the company's stores are in the Carolinas, but it also has outlets in nine other states, including Virginia, Georgia, and Tennessee. Food Lion, which prides itself on extra low prices, has taken a beating from low-cost competitors, most notably Wal-Mart Supercenters, and a weak economy.