Friday, May 10, 2019

Ahold Delhaize tallies Q1 sales gains

Supermarket News
U.S. sales edged up in the first quarter at Ahold Delhaize as the global food retailer moved forward with strategic initiatives to upgrade stores, boost omnichannel operations and rein in costs through improved synergies.

Also on Wednesday, executives reiterated their estimate of the financial impact of the 11-day strike at Stop & Shop, noting that the Quincy, Mass.-based supermarket chain — the company’s largest by sales — will feel the work stoppage’s effects in the second quarter. . . . more