Grocery giant Ahold Delhaize saw quarterly sales dip amid product recalls and store closures. The company’s quarterly earnings, released Thursday (Nov. 7), showed net sales in the U.S. of $14.49 billion, a 0.1% decrease, 1% at the actual exchange rate. Impacting the company — whose brands include Giant...
Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million by Mubadala Investment Co. This move follows a power struggle between Getir Co-founder and CEO Nazim Salur and Getir’s Turkey...
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery retail group on the East Coast, and the deal is expected to close by the...
This year, Ahold Delhaize is seeing holiday shoppers flock to online grocery like never before. The U.S. arm of the grocer, which encompasses thousands of stores across brands such as Giant, Food Lion and Stop & Shop as well as digital brands Peapod and FreshDirect, is seeing...
December 23, 2022
This year, Ahold Delhaize is seeing holiday shoppers flock to online grocery like never before. The U.S. arm of the grocer, which encompasses thousands of stores across brands such as Giant, Food Lion and Stop & Shop as well as digital brands Peapod and FreshDirect, is seeing an increase in consumers’ expectations of digital convenience when it […]
November 02, 2022
Kroger, the United States’ leading pure-play grocer, is expanding its in-store virtual restaurants as grocery retailers expand their prepared meal options to remain competitive with shoppers who increasingly expect to...
July 20, 2022
The online grocery space has matured rapidly since March 2020, with an influx of new customers both driving sales for incumbents in the space and presenting a market opportunity for...
May 23, 2025
FreshDirect, which has been an online grocer since 2002, is set to open its first physical retail location. The company’s FreshDirect on Main will be a pop-up store on Main Street in Southampton, New York, and will be open from Memorial Day weekend through the end of December, FreshDirect said in a Thursday (May 22) […]
November 07, 2024
Grocery giant Ahold Delhaize saw quarterly sales dip amid product recalls and store closures. The company’s quarterly earnings, released Thursday (Nov. 7), showed net sales in the U.S. of $14.49 billion, a 0.1%...
June 24, 2024
Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million by Mubadala Investment Co. This...
November 08, 2023
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery...