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Ahold Delhaize

Ahold Delhaize reports ‘solid’ Q4 results

Ahold Delhaize reports ‘solid’ Q4 results

ZAANDAM, The Netherlands — Ahold Delhaize reported solid results for its fourth quarter and 2023 fiscal year, with full-year sales and earnings per share in line with expectations. Fourth quarter net sales were €23.0 billion ($24.65 billion), up 1.9% at constant exchange rates and down 1.4% at actual exchange rates. Comparable sales, excluding gas, increased

Getir completes acquisition of FreshDirect

Getir completes acquisition of FreshDirect

NEW YORK — The ultrafast grocery delivery company Getir said Friday that it has completed its acquisition of the online grocery delivery company FreshDirect from Ahold Delhaize. The deal should create significant synergies for the two companies, according to Getir, which said that its technological power will improve FreshDirect’s infrastructure, allowing the grocery delivery company’s

Ahold Delhaize divests FreshDirect to focus on omnichannel

NEW YORK — Ahold Delhaize USA is selling its FreshDirect online grocery business to Getir, the world’s first ultrafast grocery delivery service. “With this decision, we will increase our focus on omnichannel — our biggest growth opportunity,” said JJ Fleeman, Ahold Delhaize USA’s chief executive officer. “This was a difficult decision, especially given FreshDirect’s rich

Ahold Delhaize’s chief sustainability officer to retire

Ahold Delhaize’s chief sustainability officer to retire

ZAANDAM, the Netherlands — Ahold Delhaize chief legal officer and chief sustainability officer Jan Ernst de Groot plans to retire from those posts effective May 31, the company said. Following Ernst’s decision, the company has decided to create a dedicated role for Sustainability in the Executive Committee. Linn Evans, currently Chief Legal Officer and General

Ahold Delhaize to acquire Romanian grocer

Ahold Delhaize to acquire Romanian grocer

ZAANDAM, the Netherlands — Ahold Delhaize announced it has agreed to acquire Profi Rom Food SRL, a Romanian grocery retailer. The deal provides Ahold Delhaize with a strong format fit and a complementary customer proposition to its Mega Image brand in the Romanian market, the company said today in announcing it had reached agreement with

Growth in online sales boosts Ahold Delhaize in Q2

Growth in online sales boosts Ahold Delhaize in Q2

ZAANDAM, the Netherlands — Ahold Delhaize reported sales of €22.1 billion ($24.3 billion) for its fiscal second quarter, up 4.3% at constant exchange rates and up 2.9% at actual exchange rates, the company said Wednesday. U.S. net sales were €13.6 billion ($14.9 billion), an increase of 2.7% at constant exchange rates and up 0.3% at

U.S. brands drive strong Q1 at Ahold Delhaize

U.S. brands drive strong Q1 at Ahold Delhaize

ZAANDAM, the Netherlands — Ahold Delhaize reported better-than-expected first-quarter sales, driven by strong performances by its U.S. businesses. The company’s U.S. operations, which include the Food Lion, Stop & Shop, Hannaford Bros., the GIANT Co. and Giant Food chains, posted net sales of €13.5 billion ($14.8 billion) for the quarter, an increase of 5.7% at

Ahold Delhaize nominates Jolanda Poots-Bijl for CFO

Ahold Delhaize nominates Jolanda Poots-Bijl for CFO

ZAANDAM, the Netherlands – Ahold Delhaize said Monday that its supervisory board has nominated Jolanda Poots-Bijl to be a member of the management board. Following shareholder approval, she will assume the role of chief financial officer (CFO). Jolanda will join the company in mid-August as executive vice president, Finance and member of the executive committee

Ahold Delhaize leverages advantages

ZAANDAM, Netherlands — Ahold Delhaize reported a 9.2% increase in net sales at its U.S. operations in the fourth quarter of 2022. Comparable-store sales (excluding gasoline) were up 9.3% in the quarter at the company’s U.S. banners of Food Lion, Stop & Shop, the GIANT Co., Giant Food, Hannaford and FreshDirect. Online sales in the

Ahold Delhaize’s finance chief to leave company

Ahold Delhaize’s finance chief to leave company

ZAANDAM, the Netherlands — Ahold Delhaize today announced that chief financial officer Natalie Knight is leaving the company to pursue another career opportunity. A search for a successor has begun, the company said. Knight joined Ahold Delhaize as executive vice president, finance, in 2020 after more than four years as chief financial officer at European

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