ZAANDAM, Netherlands — Seven years ago, as the newly appointed chief executive officer of Royal Ahold, Dick Boer was focused on implementation of Reshaping Retail, a strategy designed to enable the company to better meet consumers’ changing needs with supermarkets and small-format and specialty stores, as well as an emerging array of omnichannel capabilities. Reshaping
ZAANDAM, Netherlands — Dick Boer, chief executive officer of Ahold Delhaize, will retire July 1. He will be succeeded by Frans Muller, who currently is deputy CEO and chief integration officer. Together, the two executives were co-architects of the merger of the two international grocers in 2016. “We thank Dick for his leadership and dedication
ZAANDAM, Netherlands — Ahold Delhaize announced on Thursday that Dick Boer will be stepping down as chief executive officer as of July 1 and will retire from the company. Frans Muller has been appointed as the new CEO, effective July 1. “We thank Dick for his leadership and dedication throughout his 20-year career at Ahold
ZAANDAM, Netherlands — Royal Ahold Delhaize NV said its net income more than quadrupled in the fourth quarter to 744 million euros ($909.6 million), as the retailer enjoyed a solid holiday season and benefitted from a decrease in income taxes in Belgium and the United States. The year-on-year comparison also benefitted from the absence of
ZAANDAM, Netherlands — Ahold Delhaize reported net sales of 15.8 billion euros ($19.5 billion) in the fourth quarter, largely on the strength of a 6% sales increase in the Netherlands, the company said on Wednesday. Fourth quarter sales in the United States — where the retailer does about two-thirds of its business — increased 1.5% (excluding
ZAANDAM, Netherlands — Ahold Delhaize recently announced the creation of Ahold Delhaize USA. Effective January 1, Ahold Delhaize USA will be the parent company for all of Ahold Delhaize’s U.S. companies, the company said, including its local brands, Stop & Shop, Food Lion, Giant, Hannaford, Giant/Martin’s and Peapod, as well as Retail Business Services (RBS),
ZAANDAM, Netherlands — Ahold Delhaize recently announced the creation of Ahold Delhaize USA. Effective January 1, Ahold Delhaize USA will be the parent company for all of Ahold Delhaize’s U.S. companies, the company said, including its local brands, Stop & Shop, Food Lion, Giant, Hannaford, Giant/Martin’s and Peapod, as well as Retail Business Services (RBS),
AMSTERDAM — Ahold Delhaize’s third quarter results beat analyst expectations, as the company reported sales and earnings gains. “We reported a strong financial performance again this quarter as margins increased significantly, driven by synergies while savings from our “save for our customers” programs are continuously being reinvested in the business,” Ahold Delhaize chief executive officer
ZAANDAM, the Netherlands — Ahold Delhaize said Friday that it is seeking a successor for chief e-commerce and innovation officer Hanneke Faber, who will leave the company at the end of December to join Unilever. “I want to thank Hanneke for her valuable contribution to Ahold Delhaize and her energy and inspiration in defining and executing
NEW YORK — Food and drug retailer Ahold Delhaize plans to implement IRI’s sales and supply chain analytics platform for its Ahold USA and Delhaize America brands. Under a long-term agreement announced Tuesday, IRI will leverage its IRI Liquid Data platform to provide integrated point-of-sale (POS), frequent shopper program and supply chain data for Delhaize
ZAANDAM, Netherlands — A year after the merger that brought Ahold Delhaize into being, the company shows every sign of delivering on the promise that led to the deal. Strong second quarter results, released last month, reflect an organization that is effectively leveraging its newfound scale to operate more efficiently, develop synergies and capitalize on
ZAANDAM, the Netherlands — Ahold Delhaize reported Wednesday that its second-quarter net profit rose 68%, driven by improved sales and higher margins. “Sales improved across the board,” CEO Dick Boer said in a statement. “And the group underlying operating margin increased by 30 basis points to 3.9% as merger synergy savings continued to track ahead