ZAANDAM, the Netherlands — Ahold Delhaize is kicking off a new growth and investment plan designed to support its vision of offering the “leading local food shopping experience for customers,” while also enhancing its digital and supply chain capabilities, and increasing its focus on health and sustainability. The new plan, unveiled as part of the
ZAANDAM, the Netherlands – Ahold Delhaize said Friday that it is committing to reach net zero carbon emissions across its operations by no later than 2040, which is 10 years ahead of its previous schedule. The retailer also aims to become a net zero business across its entire supply chain by no later than 2050.
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%
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
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
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
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
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’
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
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
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
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