TOY-FAIR_1170x120_9-20-21

Ahold Delhaize

Muller on Ahold Delhaize Q2 results

ZAANDAM, Netherlands — Foresight and adaptability have been two distinguishing characteristics of Ahold Delhaize since its formation in 2016, and those qualities continued to serve the retailer well in the second quarter of fiscal 2021, as it negotiated COVID-induced market changes around the world. During the three months, net revenue reached €18.6 billion, up 3%

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 pilots e-commerce fulfillment center

Ahold Delhaize pilots e-commerce fulfillment center

QUINCY, Mass. – Ahold Delhaize is launching a micro-fulfillment technology pilot with its Peapod Digital Labs and GIANT Co. units in the Philadelphia market, the company said Tuesday. Part of an e-commerce fulfillment center (EFC), the pilot leverages Swisslog’s solution which includes AutoStore technology empowered by Swisslog’s SynQ software, as well as Peapod Digital Labs’

GIANT adding new store in Philadelphia

GIANT adding new store in Philadelphia

CARLISLE, Pa. – The GIANT Co. will expand its footprint in Philadelphia, adding a new store in the northeastern part of the city. The retailer said Tuesday that construction is slated to start in late March on the 67,000-square-foot store, which will be located at 2201 Cottman Avenue at the corner of Bustleton Avenue. The

Ahold Delhaize completes Fresh Direct deal

Ahold Delhaize completes Fresh Direct deal

ZAANDAM, the Netherlands – Ahold Delhaize closed its acquisition of a majority stake in the New York City-based online grocer FreshDirect after the U.S. Federal Trade Commission okayed the deal. Under the deal, announced on November 18, Ahold Delhaize acquires the majority share of Fresh Direct, and Centerbridge Partners is a minority equity investor with

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

Ahold Delhaize sales surge in Q3

Ahold Delhaize sales surge in Q3

ZAANDAM, the Netherlands – Ahold Delhaize posted net sales of €17.8 billion (about $20.9 billion) in the third quarter. That is an increase of 6.8%, or 10.1% at constant exchange rates. Comparable sales growth (excluding gas) was up 12.4% in the United States and 7.5% in Europe, the company said Wednesday. Net consumer online sales

Ahold Delhaize to promote healthier food

Ahold Delhaize to promote healthier food

LANDOVER, Md. – With the goal of selling more healthy food, Ahold Delhaize USA is working with the nonprofit Partnership for a Healthier America on an initiative to get more nutritious food into shoppers’ baskets. The partners on October 7 unveiled a commitment to increase healthier food sales and disclose the percentage of healthy food

Ahold Delhaize views trust as differentiator

Ahold Delhaize views trust as differentiator

The trust stemming from Ahold Delhaize’s effective response to the coronavirus pandemic (which was examined in this space in the last issue of MMR), together with its long-standing commitment to delivering a comprehensive omnichannel experience, bodes well for the company as it looks to a post-COVID world. “We strongly believe in the combination, under the

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