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Podcast: Planting a flag on the inflation crisis

Ahold Delhaize CEO Frans Muller believes the grocery sector is past the peak of inflation and talks about U.S. operations

Bill Wilson, Senior editor at Supermarket News

August 17, 2023

 

Dutch multinational retail and wholesale holding company Ahold Delhaize, which operates the Stop & Shop, Giant, Food Lion, and Hannaford brands in the U.S., is coming off a strong second quarter that saw group net sales increase 4.3% year-over-year and comparable sales excluding gas rise 3.6%.

Net consumer online sales improved 9.3% vs. Q2 2022 and the underlying operating margin was 4.1% with a modest decline in the U.S. Ecommerce penetration in the U.S. reached 8.1% during the first half of the year.

Ahold Delhaize now expects free cash flow in the range of $2.2 billion to $2.4 billion and is holding onto its 2023 projections of an underlying margin greater than 4%.

But success this year has gone beyond the numbers for Ahold Delhaize, and Supermarket News Senior Editor Bill Wilson was able to check in with company CEO Frans Muller to talk about everything from inflation to store operations.

In this episode you will hear about:

  • Ahold Delhaize’s private label brand

  • Muller’s take on inflation moving forward

  • The store’s omnichannel strategy

  • U.S. business outlook for the rest of 2023

  • Labor challenges

  • Sustainability

  • Plans for store expansion and upgrades

Take a listen.

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Have a pitch for the podcast? Reach out at [email protected]. And thanks for listening.

Read more about:

Ahold Delhaize USA

About the Author

Bill Wilson

Senior editor at Supermarket News

Bill Wilson is the senior editor at Supermarket News, covering all things grocery and retail. He has been a journalist in the B2B industry for 25 years. He has received two Robert F. Boger awards for his work as a journalist in the infrastructure industry and has over 25 editorial awards total in his career. He graduated cum laude from Southern Illinois University at Carbondale with a major in broadcast communications.

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