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 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%
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
ZAANDAM, Netherlands — Ahold Delhaize is creating a parent company for its U.S. food and drug retail operations called Ahold Delhaize USA. The company said that, effective Jan. 1, Ahold Delhaize USA will oversee all of Ahold Delhaize’s U.S. companies, including its local store banners — Stop & Shop, Food Lion, Giant, Hannaford, Giant/Martin’s and
BRUSSELS, Belgium, and ZAANDAM, the Netherlands — Delhaize Group and Royal Ahold completed their $29 billion merger transaction over the weekend. The Europe-based food and drug retailers said the deal received regulatory clearance from the U.S. Federal Trade Commission, and Delhaize Group chief executive officer Frans Muller and Ahold CEO Dick Boer have signed of
**Article Update** BRUSSELS, Belgium, and ZAANDAM, the Netherlands — Delhaize Group and Royal Ahold completed their merger, as expected, on July 23. The Europe-based food and drug retailers said Saturday that the $29 billion deal has received regulatory clearance from the U.S. Federal Trade Commission, and Delhaize Group chief executive officer Frans Muller and
BRUSSELS — The U.S. subsidiaries of Delhaize Group and Ahold NV have reached agreements with buyers to divest 86 stores in connection with the companies’ pending merger. Delhaize and Ahold said Thursday that all of the store divestitures — which includes locations from both companies’ U.S. supermarket chains — must be approved by the Federal
