TOY-FAIR_1170x120_9-20-21

Ahold Delhaize chief executive officer Frans Mulle

Ahold Delhaize taps Bass to lead FreshDirect

Ahold Delhaize taps Bass to lead FreshDirect

ZAANDAM, the Netherlands — Ahold Delhaize has appointed Dave Bass to be managing director of its FreshDirect unit, effective September 20. He succeeds Farhan Siddiqi, chief digital officer of Ahold Delhaize, who has served as interim CEO since May.  “I would like to congratulate Dave on his appointment to lead FreshDirect,” Ahold Delhaize CEO Frans Muller said. “He

Ahold Delhaize Q2 results beat expectations

Ahold Delhaize Q2 results beat expectations

ZAANDAM, the Netherlands — Ahold Delhaize reported second-quarter sales that were down on a year-over-year basis but still came in ahead of analyst expectations. The company raised its full-year earnings and underlying operating margin guidance. The company said comparable sales (excluding gasoline) for the second quarter declined 1.5% in the U.S. and rose 2.4% in

Ahold Delhaize sees continued growth in Q1

Ahold Delhaize sees continued growth in Q1

ZAANDAM, the Netherlands — Ahold Delhaize showed continued growth against tough comparisons in the first quarter. Net sales were €18.3 billion ($22.1 billion), up 5.8% at constant exchange rates. Comparable sales excluding gas grew 1.7%, and were up 15.5% compared to 2019. Online sales were up 188.3%, driven in part by the acquisition of Fresh

Ahold Delhaize posts sales gains in Q4

Ahold Delhaize posts sales gains in Q4

ZAANDAM, the Netherlands — Ahold Delhaize reported that its global net sales rose by nearly 13% to 19.6 billion euros ($23.7 billion) in the fourth quarter, fueled by strong online and comparable store sales gains. “We are pleased with the underlying Q4 performance in both the U.S. and Europe,” Ahold Delhaize president and CEO Frans

Ahold Delhaize to acquire Fresh Direct

Ahold Delhaize to acquire Fresh Direct

NEW YORK — Ahold Delhaize has entered into a definitive agreement to acquire a majority stake in the online grocer FreshDirect, the company said Wednesday. Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a minority equity investor with a 20% stake. After the deal closes, FreshDirect