The latest update from Ahold Delhaize and its network of brands comes in the form of a financial report, digging into the retailer’s performance for the first quarter of 2024. While sharing its quarterly highlights and 2024 outlook, the retail group unveiled plans to drive further growth through the implementation of a strategic blueprint.
"I am pleased to report a stable first quarter, placing us well on track to reach our goals and aspirations for the year. The external environment remained challenging, similar to the second half of 2023,” President and Chief Executive Officer Frans Muller noted. “Our brands have been very active during the quarter in delivering great value, quality, and savings to customers, creatively using the full spectrum of their own-brand assortments and omnichannel toolkits.”
Highlights featured in the financial report include:
“In the U.S., our decision to orient our online fulfillment capabilities toward more efficient, less asset-intense same-day delivery models, such as click and collect, is also paying off. Our online sales in the U.S. grew 4.7 percent in the first quarter on a like-for-like basis, fueled by new customer growth, as well as strong retention of existing e-commerce customers,” he noted.
We can’t help but recall the growth seen by Food Lion and Hannaford, as referenced above in the grocer’s highlights.
“[…] Ahold Delhaize USA launched a first supplier collaboration focusing on reducing carbon emissions, with several more to follow this year,” Muller added, speaking to some company firsts driving growth in the United States.
To dig into the financial report in full, click here.
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