WF_1170x120_6-19-20

Ahold Delhaize

Ahold Delhaize sales rise 17.1% in Q2

Ahold Delhaize sales rise 17.1% in Q2

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

Stop & Shop drops King Kullen acquisition

Stop & Shop drops King Kullen acquisition

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

Ahold Delhaize sees sales surge in Q1

Ahold Delhaize sees sales surge in Q1

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

Ahold Delhaize details sustainability goals

Ahold Delhaize details sustainability goals

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

Ahold Delhaize sees sales gain in Q3

Ahold Delhaize sees sales gain in Q3

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.

Natalie Knight named EVP of finance at Ahold Delhaize

Natalie Knight named EVP of finance at Ahold Delhaize

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

Ahold Delhaize and Hanshow Technology form partnership

Ahold Delhaize and Hanshow Technology form partnership

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

Ahold Delhaize CFO Jeff Carr to depart

Ahold Delhaize CFO Jeff Carr to depart

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

Food Lion to remodel 92 stores

Food Lion to remodel 92 stores

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

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