ZAANDAM, the Netherlands — Ahold Delhaize posted net sales of €19.1 billion ($22.71 billion) in the second quarter. That is an increase of 17.1%, or 15.9% at constant exchange rates. Comparable sales growth (excluding gas) was up 20.6% in the United States and 10.2% in Europe. The company saw net consumer online sales increase by
BETHPAGE, N.Y. — Ahold Delhaize said Wednesday that its Stop & Shop division’s planned acquisition of King Kullen Grocer Co. is off. A joint decision was made to terminate the acquisition deal because an agreement about terms of the deal could not be reached, Ahold Delhaize said in a statement. The initial announcement of the proposed merger
ZAANDAM, the Netherlands — Ahold Delhaize posted strong sales gains in its fiscal first quarter, the company announced Thursday, as consumers visited its stores in the U.S. and in Europe to stock up on food and other necessities during the COVID-19 pandemic. The company reported first quarter net sales of €18.2 billion ($19.47 billion), up
ZAANDAM, the Netherlands — Ahold Delhaize on Monday detailed new long-term targets for its “Healthy and Sustainable” initiative. The company said its efforts are intended to help its customers make healthier and more informed product choices, while increasing product transparency and eliminating waste. “Food-related diseases and the impact of climate change are affecting billions of
QUINCY, Mass. — Ahold Delhaize is testing its version of a “frictionless store” on both sides of the Atlantic. The concept allows customers to scan a debit card, take the items they want from store shelves and leave without going through a checkout. In the United States, the trial is being conducted at the offices
ZAANDAM, the Netherlands — Ahold Delhaize reported that online sales gains and a solid performance in U.S. stores helped drive increased sales for the third quarter. “We saw a strong overall performance at our U.S. brands, particularly at Food Lion and Hannaford,” Ahold Delhaize president and chief executive officer Frans Muller said in a statement.
ZAANDAM, the Netherlands — Ahold Delhaize has named Natalie Knight executive vice president of finance, effective March 1. She will also serve as member of the executive committee. Knight will succeed Jeff Carr, who will leave Ahold Delhaize when his current term expires in April 2020. The month overlap in their tenures will ensure a
ZAANDAM, the Netherlands — Ahold Delhaize said Friday it formed a strategic partnership with Hanshow Technology to introduce digital in-store applications for its European brands. As a first step in this collaboration, the brands will deploy Hanshow’s electronic shelf labels across their store networks. In addition, Ahold Delhaize and Hanshow will set up a Joint
ZAANDAM, the Netherlands — Ahold Delhaize chief financial officer Jeff Carr plans to leave his post in April 2020, the company said on Monday. Carr, who has served as CFO since 2011, has informed the company that he will not stand for another term as member of the management board after his current term expires
SALISBURY, N.C. — Ahold Delhaize’s Food Lion chain said Monday that it will remodel 92 stores in the greater Myrtle Beach, Florence, Columbia and Charleston, S.C., markets this year. The $158 million capital investment will fund the remodels as well as price reductions, expanded assortments and increased staffing at the stores. “Food Lion is proud
ZAANDAM, Netherlands — Ahold Delhaize on Wednesday reported fourth quarter operating income of 627 million euros ($716 million) at constant exchange rates, with net sales of 16.5 billion euros, a 3% increase from a year ago. The company’s fourth quarter results were lifted by a 25% increase in online sales. Net sales for the full
ZAANDAM, the Netherlands — Ahold Delhaize on Wednesday reported fourth quarter consolidated net sales of €16.5 billion ($18.76 billion). That is an increase of 3.0% compared to the comparable prior year period. The company also said it had named a new brand president and chief executive officer for its Albert Heijn chain in the Netherlands.