Delhaize

Food

Dick Boer wants to continue Ahold's American growth

Dick Boer wants to continue the American growth after Ahold and Delhaize merge into one company, but stated he mainly seeks additional growth in regions where the Dutch-Belgian combination already has a sizeable market share, rather than in new states.

» Read more

Food

Ahold Delhaize: almost unanimously in favour of merger

At Ahold and Delhaize's extraordinary General Assemblies, shareholders of both companies almost unanimously approved the merger of the Dutch and the Belgian retail giant, with 96.71 % at Delhaize and even 99.97 % at Ahold.

» Read more

Food

Ahold Delhaize will have to sell American stores

Analysts feel Ahold and Delhaize will have to sell 85 to 100 American stores in order to get their merger approved. Most of those stores would probably be on the American East Coast, where the merger company would otherwise become too dominant.

» Read more

Food

Ahold and Delhaize cut bonuses for CEO

Ahold and Delhaize have decided to cut the huge bonuses, intended for its top management for their part in the successful merger, after complaints by investors.

» Read more

Food

Ahold and Delhaize publish good results before merger

Both Ahold and Delhaize have ended their final year as an independent company with good numbers. Ahold boosted its 2015 net profit 43.3 % to 851 million euro, while Delhaize did even better with a 312.5 % increase to 366 million euro.

» Read more

Fashion

Stéfan Descheemaeker, CEO Delhaize Europe, resigns

The European CEO of Delhaize Group, Stéfan Descheemaeker, will resign on 31 October. His function will cease to exist, meaning current European region managers Dirk Van den Berghe (Belgium) and Kostas Macheras (Southeast Europe) will have to report directly to the brand new group CEO, Frans Muller.

» Read more

Fashion

Pierre-Olivier Beckers retires as CEO of Delhaize Group

Belgian Delhaize's chairman Pierre-Olivier Beckers is resigning by the end of the year. Beckers will probably remain a director at the distribution group, which will now start looking for a new chairman - both internally as externally.

» Read more

Fashion

Delhaize sees sales grow, but profits melt

Belgian supermarket chain Delhaize has had an excellent 2012, as sales rose by 7.7% to 22.7 billion euro. Performances were especially good in South-Eastern Europe and Asia and the stronger dollar helped to improve the American results. Profits on the other hand dropped by 18% due to price wars and one-off expenses.

» Read more

Fashion

Delhaize's price competitiveness makes profits disappear

Belgian Delhaize Group has released its first quarter results with mixed feelings. Though turnover rose 8,6% to 5.5 billion euro, the most striking feature was the net result: a loss of 10 million euro, down from a net profit of 126 million last year.

» Read more