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Ahold Delhaize

  • Ahold outlines strategy to grow e-commerce, add c-stores and Belgium presence

    Amsterdam -- A Monday report by Bloomberg said that Royal Ahold NV will grow its online business, expand its store count in Belgium and add 150 convenience operations in an effort to ramp up sales.

    The Dutch owner of Stop & Shop is also on a cost-cutting mission, saying it will reduce expense by $473 million over three years via supply chain improvements and a reduction in logistics and overhead expense.

  • Revenue, comps rise for Delhaize America in Q3

    SALISBURY, N.C. — Network growth and higher retail inflation prompted growth in both revenues and comparable-store sales for Delhaize America, the U.S. division of Delhaize Group, for the third quarter ended Sept. 30.

    Revenues realized a gain of 3.5% to $4.9 billion, compared with the year-ago period, while comparable-store sales jumped 1.9%. Delhaize, however, acknowledged that due to the economic environment and the decrease of consumer confidence, particularly in the southeastern United States, volume trends were down from the previous quarter.

  • Discount grocer announces expansion into Pittsburgh, Ohio markets

    SALISBURY, N.C. — Discount grocer Bottom Dollar Food is hiring more than 800 associates over the next several months to begin to prepare for store openings next year, the company announced Wednesday.

    "We look forward to expanding in Pittsburgh and Youngstown, Ohio, next year, and bringing new jobs to these areas," stated Bottom Dollar Food president Meg Ham. Bottom Dollar Food is expected to open 14 stores in early 2012. 

  • Delhaize America retailers support service men and women with Veterans Day discounts

    SALISBURY, N.C. — In honor of Veterans Day on Friday, Nov. 11, Food Lion, Harveys and Reid's stores will offer a 10% discount to active and retired military personnel to show their support and appreciation for those who are currently serving or have served in the U.S. Armed Forces, the retailers, which are part of Delhaize Group, reported.  To receive the discount, active military, reservists and veterans should request the discount at check-out along with their MVP card.

  • Stop & Shop co-sponsors food benefit outreach program

    NEW YORK — Supermarket chain Stop & Shop will work with Foodshare to sponsor events at its stores in Hartford, Conn., to help qualifying residents access the Supplemental Nutrition Assistance Program benefit.

    About 70% of Connecticut residents who qualify for SNAP, formerly known as the food stamp program, actually receive the benefit, Stop & Shop said. This is because of such issues as language barriers, lack of transportation or lack of knowledge of the program.

  • Ahold names new finance chief

    AMSTERDAM, The Netherlands — Ahold has announced the appointment of Jeff Carr as EVP and CFO, starting Nov. 12. Carr will be a member of Ahold’s corporate executive board, pending shareholder approval. He will succeed Kimberly Ross who is leaving Ahold in November to become CFO of Avon.

    Carr will be responsible for Ahold’s finance, real estate and IT functions. He will also manage the company’s existing €350 million cost reduction program and explore further ways to reduce costs and simplify the business.

  • Delhaize America turns out positive Q2 results

    SALISBURY, N.C. — New stores, higher retail inflation and positive calendar impact drove sales up for Delhaize America, the U.S. sector of the Delhaize Group, during the second quarter ended June 30.

    The division, which operates such banners as Food Lion, Hannaford and Bottom Dollar Food, reported that revenues rose 4.3% to $4.9 billion, while comparable-store sales increased 1.6%. Operating profit, however, dropped 2.7% to $205 million.

  • Delhaize completes Delta Maxi acquisition

    Brussels, Belgium -- Belgian supermarket retailer Delhaize Group said Wednesday that it has completed the previously announced acquisition of Serbian retailer Delta Maxi.

    Combined with its existing operations in Greece and Romania, Delhaize is now, with this transaction, considered a leading retail force in Southeastern Europe.

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