We review Ahold Delhaize’s Q1 results, outlining key highlights from the US and Europe. Group highlights In Q1, net sales for the group increased 6.3% at constant exchange rates, to €21.6 bn. Sales were driven by comparable sales growth excluding gasoline of 6.2%. In the quarter, net consumer online sales increased by 5.9% to €2.9bn, led by the performance of the US business. Online groc...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. The European Commission is investigating retailers’ purchase alliances. Agecore, Coopernic and Epic are the specific targets for now, but stricter rules for all may be on their way. An independent Edeka retailer wants to open several autonomous stores in Northern Germany collaboration w...

Colruyt announced it has adjusted its outlook for the financial year 2022/2023. Meanwhile, the retailer is increasing investment in its fresh produce banner CRU. Strong to considerable decrease In December, Colruyt reported an operating profit of €123m in H1, a decrease of 41.6% year-on-year, from €211m. It accounted the loss to the absorption of part of the cost-price inflation and a signi...