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.
ZAANDAM, Netherlands — Ahold Delhaize has appointed Farhan Siddiqi as chief digital officer and member of the retailer’s executive committee, effective January 28. Siddiqi will drive digital transformation and innovation across Ahold Delhaize’s brands, focusing on shopper loyalty, data analytics and personalization, the company said Tuesday in announcing the appointment. “I’m thrilled to welcome Farhan
BETHPAGE, N.Y. — Ahold Delhaize said Friday that Stop & Shop, its largest banner in the United States, has agreed to acquire King Kullen Grocery Co. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores and the use of its corporate offices located in Bethpage, N.Y. “This transaction underscores our commitment to
LANDOVER, Md. — Ahold Delhaize’s Giant Food division here said Tuesday that it plans to spend $175 million over the next two years to open a new store and remodel 24 others in the greater Washington D.C. metropolitan area. The capital spending plan is in addition to the recently announced $21 million investment in a new Giant store
NEW YORK — While driverless cars and cashierless stores may still be works in progress, mass retailers are moving ahead toward fully automated warehouses. Albertsons Cos., Ahold Delhaize, Kroger Co. and Walmart have all made strides recently in the implementation of robotic distribution centers. Ahold Delhaize announced just this month that it will automate picking
ZAANDAM, Netherlands — Ahold Delhaize has appointed Selma Postma as president of Peapod, effective January 1. Postma joins Peapod after a career of almost two decades at Albert Heijn. Since 2014, she was general manager of Albert Heijn Online, where she helped to accelerate online sales to more than 20% annually. Her teams also led
NEW YORK — Ahold Delhaize has signed on to a global commitment to eliminate plastic waste and pollution. The New Plastics Economy Global Commitment, officially unveiled last month at a conference in Bali, was signed by nearly 300 packaging producers, retailers and recyclers, representing 20% of all plastic packaging produced globally. At the heart of