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
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
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
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
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 — 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
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
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 reported 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 grew 62.6%
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
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
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, 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 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
