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 posted net sales of €19.1 billion ($22.71 billion) in the second quarter. That is an increase of 17.1%, or 15.9% at constant exchange rates. Comparable sales growth (excluding gas) was up 20.6% in the United States and 10.2% in Europe. The company saw net consumer online sales increase by
ZAANDAM, the Netherlands — Ahold Delhaize on Monday detailed new long-term targets for its “Healthy and Sustainable” initiative. The company said its efforts are intended to help its customers make healthier and more informed product choices, while increasing product transparency and eliminating waste. “Food-related diseases and the impact of climate change are affecting billions of
ZAANDAM, the Netherlands — Ahold Delhaize reported that online sales gains and a solid performance in U.S. stores helped drive increased sales for the third quarter. “We saw a strong overall performance at our U.S. brands, particularly at Food Lion and Hannaford,” Ahold Delhaize president and chief executive officer Frans Muller said in a statement.
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 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
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 — 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, Netherlands — The merger of Royal Ahold and the Delhaize Group always had a compelling logic behind it. The companies, with roots in the neighboring countries of Holland and Belgium, possessed complementary capabilities and geographic footprints, in both the European and American retail markets, as well as similar histories. Over the years, a variety
BRUSSELS — Delhaize Group on Wednesday posted a nearly fourfold rise in first quarter profit, as sales increased in each of its major regions of the United States, Belgium and southeastern Europe. For the quarter ended March 31, Delhaize’s net profit was 109 million euros ($123 million), up from 28 million euros a year earlier.