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Synergy savings offset price deflation during Q1 at Ahold Delhaize U.S. division
ZAANDAM, the Netherlands — Ahold Delhaize, parent company to several U.S. supermarket chains, including Stop & Shop, Giant, Food Lion and Hannaford, revealed in its 2017 first quarter in the United States, sales were impacted by continuing price deflation, adverse weather and the timing of Easter, but were offset by the delivery of strong synergy savings in the quarter.
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Ahold Delhaize: Advancing pharmacy, wellness initiatives
Ahold Delhaize entered 2017 as a newly combined global retail powerhouse that is pursuing a range of initiatives to advance pharmacy and health-and-wellness strategies in the United States. The merger of the European-based Ahold and Delhaize formed Ahold Delhaize last July, producing a giant entity with 6,500 stores in 11 countries.