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Ahold Delhaize

Ahold Delhaize posts strong Q3 sales gains

Ahold Delhaize posts strong Q3 sales gains

ZAANDAM, the Netherlands — Ahold Delhaize’s net sales increased 9.1% at constant exchange rates to €22.4 billion ($22.42 billion). At actual exchange rates, net sales grew 20.8%, the company said on Wednesday. Comparable store sales (including gasoline) grew faster in the third quarter than they had in the second, growing 8.2% in the U.S. and

Ahold Delhaize proposes to reappoint CEO Frans Muller

Ahold Delhaize proposes to reappoint CEO Frans Muller

ZAANDAM, the Netherlands — Ahold Delhaize announced on Wednesday that its Supervisory Board intends to propose the reappointment of Frans Muller as president and CEO and member of the Management Board at the Annual General Meeting of Shareholders on April 12, 2023. Peter Agnefjäll, chair of the Supervisory Board of Ahold Delhaize, stated: “We are

Ahold Delhaize posts Q2 gains

Ahold Delhaize posts Q2 gains

ZAANDAM, the Netherlands – Ahold Delhaize said sales and profits increased in its second quarter as its stores in Europe and the United States gained market share. President and CEO Frans Muller said the financial results confirm the strength and breadth of Ahold Delhaize’s brand portfolio. “Our brands’ unparalleled understanding of customers, broad assortments and

Ahold Delhaize ends fiscal year on a good note

Ahold Delhaize ends fiscal year on a good note

ZAANDAM, the Netherlands — Ahold Delhaize reported strong fourth-quarter results that beat expectations, helped by increased online sales boosted by the pandemic. A report by Reuters noted that the company’s net sales in the final quarter of 2021 totaled 20.1 billion euros ($22.8 billion), beating a forecast of 19.8 billion euros in a company-compiled poll

Omnichannel a key driver in Ahold Delhaize’s growth

Omnichannel a key driver in Ahold Delhaize’s growth

ZAANDAM, The 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

Giant Food taking flu vaccinations on-the-road

Giant Food taking flu vaccinations on-the-road

LANDOVER, Md. — Giant Food announced this week that it will be offering flu vaccinations for both adults and children at new mobile clinics throughout Washington, D.C., Maryland, Virginia and Delaware through October. The vaccinations will be administered by Giant’s specially trained, dedicated, and certified pharmacists, require no appointment and are often covered in-full by most insurance plans. Giant’s

Stop & Shop calls off King Kullen acquisition

Stop & Shop calls off King Kullen acquisition

BETHPAGE, N.Y. — Ahold Delhaize announced on Wednesday that its Stop & Shop division’s planned acquisition of King Kullen Grocer Co. is off. A joint decision was made to terminate the acquisition deal because an agreement about terms of the deal could not be reached, Ahold Delhaize said in a statement. The initial announcement of the proposed

Ahold Delhaize names Siddiqi chief digital officer

Ahold Delhaize names Siddiqi chief digital officer

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

Stop & Shop will acquire King Kullen

Stop & Shop will acquire King Kullen

BETHPAGE, N.Y. — Ahold Delhaize announced Friday that Stop & Shop, its largest banner in the United States, has agreed to acquire King Kullen Grocery Co. The deal 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

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