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Ahold Delhaize USA Announces Leadership Changes at Stop & Shop and Giant Food

Ahold Delhaize USA today announced leadership changes at two of its U.S. brands. The changes include:

  • Mark McGowan, President, Stop & Shop has made the decision to leave the organization. McGowan will remain with Stop & Shop through year-end, at the company’s request, to ensure a seamless transition.
  • Gordon Reid, President of Giant Food, will become President, Stop & Shop. Reid will begin transitioning to this new role in the coming weeks, and officially assume the role in late July.
  • Ira Kress, SVP, Operations for Giant Food, has been appointed as...
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Jun 18 11:03 AM, General News



Ahold Delhaize USA Named as Winsight's 2019 Grocery Business of the Year

Ahold Delhaize USA has been chosen as Winsight's 2019 Grocery Business of the Year, which is featured in the leading trade media brand's April cover story.

As the brand's most significant honor bestowed annually to one select grocery industry leader, WGB's Grocery Business of the Year profile story explores how the former international rivals charted a new trajectory following a rare merger that's hitting all its goals and has positioned its six U.S. brands to each wield the power of a $44 billion company locally. The profile story further details how Ahold Delhaize USA has made good on its post-merger promise of "Leading Together" to accelerate growth and position its U.S. brands—including Stop & Shop, Giant/Martin's, Giant Food, Hannaford, Food Lion and Peapod—to focus on ...

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Apr 12 8:18 AM, General News


Ahold Delhaize Releases Q4 and Full Year 2018 Results

Fourth quarter:

  • Net sales of €16.5 billion, up 3.0% at constant exchange rates
  • Net consumer online sales up 25.0% at constant exchange rates
  • Operating income of €627 million, up 9.1% at constant exchange rates
  • Underlying operating margin of 4.2%, up 0.2% points, supported by synergies
  • Performance in the U.S. continued good momentum, underlying operating margin up 0.2% points
  • Solid growth in the Netherlands, with bol.com net consumer sales up 32.3%
  • New strategy in Belgium gaining traction, with sales growth and margin recovery

Full year:

  • Free cash flow €2.3 billion, up 24.0% at constant exchange rates
  • Underlying income per share* €1.60, up 29.6% at constant exchange rates
  • Proposed dividend of €0.70, up 11.1% compared to 2017

Ahold Delhaize, one of the world’s largest food retail groups and a leader in both supermarkets and eCommerce, reports...

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Feb 28 8:15 AM, General News


Ahold Delhaize Reports Strong Sales Growth in the Fourth Quarter

Following the introduction of our Leading Together strategy at our Capital Markets Day in November, Ahold Delhaize today announced consolidated net sales of €16.5 billion for the fourth quarter of 2018, an increase of 3.0% at constant exchange rates compared to the fourth quarter of last year.

Overall the business delivered another strong sales performance in the fourth quarter and for the full year 2018. For the full year, net sales reached €62.8 billion, up 2.5% at constant exchange rates.

Sales performance in the United States continued to show good momentum with 2.7% comparable sales growth excluding gasoline in the fourth quarter, including a slightly favorable weather impact. In our markets we saw a lower level of inflation compared to the previous quarter. Online sales growth accelerated to ...

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Jan 24 10:17 AM, General News




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