ahold delhaize

Retail
CFO Carr To Step Down From Ahold Delhaize

Ahold Delhaize said that Jeff Carr, chief financial officer since 2011, has informed the company that he will not stand for another term as member of the management board after his current term expires per the annual general meeting of shareholders in April 2020.  

Retail
Stop & Shop Reaches Agreement To End Strike

Stop & Shop, an Ahold Delhaize company, has established a tentative agreement of terms with five local unions (UFCW Locals 1445, 1459, 919, 371, and 328) which allowed Stop & Shop’s 31,000 associates in New England to return to work on Monday, April 22.

Retail
Stop & Shop To Acquire King Kullen

Stop & Shop has agreed to acquire King Kullen Grocery Co., Inc. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores and the use of its corporate office located in Bethpage, NY.

Retail
Giant Food Stores Invests In Lancaster County

Giant Food Stores, a division of Ahold Delhaize, said it is investing $22 million in Pennsylvania’s Lancaster County, which includes launching a new e‐commerce hub at its former North Reservoir Street location, remodel completions at four stores, lower prices across its stores, and the opening of a new fuel station.

Retail
Ahold Delhaize Forms Peapod Digital Labs

Ahold Delhaize USA has created a new division, Peapod Digital Labs, which will drive digital and e-commerce innovation, technology and experience to meet the changing needs of customers under all of its local supermarket brands.

Financials
Ahold Delhaize Posts Mixed Results In Q4

For the fourth quarter, and after the July merger of Ahold and the Delhaize Group, Ahold Delhaize posted net income from continuing operations of $152 million, or 12 cents per diluted share, versus $269 million, or 33 cents per diluted share, in the year-earlier quarter, according to a filing with the United States Securities and Exchange Commission.