Ahold Delhaize

Koninklijke Ahold Delhaize N.V. (in Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize,[5] is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the merger between Ahold (Dutch) and Delhaize Group (Belgian), the two merging companies which form the present-day Ahold Delhaize. Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, drugstores, and liquor stores. Its 21 local brands employ 414,000 people at 7,659 stores in 10 countries, predominantly its home nations the Netherlands and Belgium.[6] However, the United States has become the single market where two-thirds of the holding company's revenue is generated.[7]

Koninklijke Ahold Delhaize N.V.
Company typePublic (N.V.)
Euronext AmsterdamAD
AEX component
ISINNL0011794037
Industry
Predecessors
Founded25 July 2016; 7 years ago (2016-07-25)
HeadquartersZaandam, Netherlands
Number of locations
7,659 (2022)
Key people
  • Frans Muller (President and CEO)
  • Jerry W Fleeman (CEO Ahold Delhaize USA)
  • Wouter Kolk (CEO Ahold Delhaize Europe and Indonesia)
  • Jolanda Poots-Bijl (starting 1 october 2023 (CFO))[1]
RevenueIncrease 87 billion (2022)[2]
Increase 2.5 billion (2022)[3]
Number of employees
414,000[4]
Websitewww.aholddelhaize.com

Ahold Delhaize's world headquarters is in Zaandam, just north of Amsterdam.[8] Other countries with Ahold Delhaize businesses include the Czech Republic, Greece, Luxembourg, Romania, Serbia, and the United States. It also participates in joint ventures in Indonesia and Portugal.[9][10]

Ahold Delhaize shares are listed on Euronext Amsterdam and Brussels (ticker: AD).[11] Ahold's CEO, Dick Boer, became the CEO of Ahold Delhaize until his retirement in 2018, and Frans Muller, the former CEO of Delhaize Group, succeeded Dick Boer, after previously having served under Dick Boer's supervision, as the deputy CEO, chief integration officer and acting chief operations officer (ad interim) of Delhaize America.[12][13]

Operating more than 2,000 stores of multiple brands across 23 states, Ahold Delhaize is among the largest food and consumables retailers in the United States via its regional subsidiaries.[14]

History

Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group.[15][16] Delhaize Group dates back to 1867, when the Delhaize brothers opened a shop in Charleroi, Belgium. Ahold, originally named Albert Heijn N.V., started in 1887 when Albert Heijn bought the general store of his father in the Dutch town of Oostzaan. He gave the store his name and transformed it into a modern specialized grocery together with his wife, Neeltje Heijn. After a few years, he owned a chain of Dutch stores.

In 2018, the company experienced significant growth in the United States (Food Lion), the Netherlands, and online.[17] Growth in Belgium has been minimal.[17]

With around 380,000 employees in almost 7,000 stores, the company achieved a turnover of 66 billion euros in 2019.[18]

Beginning in June 2020, Ahold Delhaize implemented a partnership with Instacart to provide home delivery from more than 750 stores operated under the Hannaford, Food Lion, Giant Food, and Stop & Shop brands.[19] The company further expanded in the United States with the acquisition of a majority stake in FreshDirect, an online grocer. As of 2021, Ahold Delhaize has plans to establish Ship2Me, an online marketplace featuring food and merchandise items, in the second half of the year.[20]

In November 2023, Ahold Delhaize sold FreshDirect to Turkish company Getir.[21] Part of the reason for the sale was so that Ahold Delhaize, specifically Ahold Delhaize USA, could focus more on the "omnichannel experience" and to strengthen its presence in supermarkets and online.

As of 2023, Ahold Delhaize announced the acquisition of Romanian retailer Profi for approximately €1.3 billion from Mid Europa Partners.[22]

Brands and formats

Ahold Delhaize (co-)owns a number of supermarket chains and e-commerce businesses.[23]

CountryCompanyTypeOpening
(Acquisition)
StoresNote
 BelgiumDelhaizeSupermarket1867754Including Proxy Delhaize (245 stores), AD Delhaize (222 stores), Shop & Go (150 stores), Fresh Atelier (8 stores) and Delhaize.be.
Albert HeijnSupermarket201153Including AH.be
Bol.comE-commerce1999
(2012 by Ahold)
n/a
 Czech RepublicAlbertSupermarket1991324Including Albert Online (e-commerce)
 GreeceAlfa Beta VassilopoulosSupermarket1939
(1992 by Delhaize)
526Including AB City (21 stores), AB Food Market (81 stores), AB Shop & Go (122 stores).
EnaCash & Carry-
(2000 by Delhaize)
14
 IndonesiaSuper IndoSupermarket1997171Joint venture with Salim Group, Ahold Delhaize holds a 51% share.
 LuxembourgDelhaizeSupermarket54Including Proxy Delhaize (21 stores), AD Delhaize (2 stores), Shop & Go (23 stores).!
 NetherlandsAlbert HeijnSupermarket1877990Including AH to go (87 stores), AH XL (37 stores) and AH.nl.
Gall & GallLiquor store1884
(1989 by Ahold)
588
EtosDrug store1919
(1973 by Ahold)
545
Bol.comE-commerce1999
(2012 by Ahold)
n/a
 PortugalPingo DoceSupermarket1980436Joint venture with Jerónimo Martins, Ahold Delhaize holds a 49% share.
 RomaniaMega ImageSupermarket1995
(2000 by Delhaize)
854Including Shop & Go (435 stores), Mega Image - Concept (4 stores) and Gusturi Romanesti (2 stores).
ProfiSupermarket2001
(2023 by Delhaize)
1600
 SerbiaMaxiSupermarket2000
(2011 by Delhaize)
434Including Shop & Go (192 stores).
TempoSupermarket200312
 United StatesBfreshSupermarket20141
Food LionSupermarket1957
(1974 by Delhaize)
1103
Giant-LandoverSupermarket1936
(1998 by Ahold)
166
Giant/Martin's
(Giant-Carlisle)
Supermarket1923
(1981 by Ahold)
190
HannafordSupermarket1883
(2000 by Delhaize)
189
PeapodOnline grocer1989
(2000 (51%), 2001 (100%) by Ahold)
n/a
Stop & ShopSupermarket1914
(1996 by Ahold)
415

See also

References