Netherlands news

07 August 2019
Ahold Delhaize has reported its results for the first half of 2019, with net sales at constant exchange rates increasing by 1.5% to €32.2 bn (US$36.1 bn). Net income at constant exchange rates decreased by 9.1% to €769m (US$861.0m). USA: net sales at constant exchange rates +0.7%, online +13.7% In the USA, which accounts for around two thirds of the retailer’s business, net sales at constan...
06 August 2019
Netherlands-based Albert Heijn (AH), part of Ahold Delhaize, has partnered with Belgian salad company Foodmaker and is testing selling part of its range on bol.com. The retailer has also renamed its Bakery Café and Deli Kitchen. Albert Heijn partners with Foodmaker… For ten weeks, AH will test Foodmaker’s salad bars at its head office in Zaandam and at the Albert Heijn Foodplaza in Amsterda...
05 August 2019
Just Eat and Takeaway.com have reached agreement to combine businesses to create one of the world’s largest online food delivery firms. $10bn merger The $10bn merger will see Just Eat shareholders owning around 52.15% of the combined company, while Takeaway.com shareholders will own around 47.85%. The combined company, called Just Eat Takeaway.com, will be headquartered in the Netherlands i...
31 July 2019
We look at the latest results posted by Netherlands-based Sligro and Jan Linders. Sligro: weak H1 sales… Sligro reported a slight sales increase of 0.4% to €1.14bn (US$1.27bn) in H1 2019. However, operating profit and net profit fell by 43.3% to €18m (US$20m) and 48.7% to €13m (US$14.5m) respectively. The retailer attributes this to the tough economic conditions in the Netherlands. …Due ...
25 July 2019
Germany-based Metro reported like-for-like sales increased by 3.4%, while total sales rose by 2.8% to €7.6bn (US$8.47bn) in its third quarter. The company said the growth was driven by all regions, excluding Russia. EBITDA, excluding earnings contributions from real estate transactions, totalled €316m (US$351.2m) in the same period, a rise of €11m on the previous year. Delivery sales account f...
24 July 2019
We’ve witnessed a wave of interest in the retailing and food-to-go landscape of the Netherlands over the past year, with Amsterdam rating behind only London as our most popular safari destination. Ahead of our next   Amsterdam safari on 26 September, we explore some of the learnings that our groups have taken from their visits. Leading retailers are expanding their food-to-go horizons and opp...
18 July 2019
Netherlands-based Jumbo has announced its H2 2019 results, posting an increase of 16.5% in turnover to €4.63bn (US$5.2bn). The retailer’s market share also rose during the period to 21.6%. Growth driven by store network Jumbo’s organic growth is above the market share at 7%, which is attributed to the exiting store network. The retailer also attributes its growth to the opening of 44 new su...
16 July 2019
We look at how Netherlands-based Jumbo and Marqt, who have taken different steps to restructure their store portfolios to remain competitive in the market. Jumbo buys Agrimarkt Jumbo has announced it will take over supermarket chain Agrimarkt from the cooperative CZAV. This will see it acquire six stores in Goes, Middelharnis, Oud-Beijerland, Roosendaal, Terneuzen and Vlissingen. Jumbo will...
10 July 2019
Netherlands-based Jumbo is investing in smarter and more sustainable delivery methods to meet the growing demand for online grocery shopping. It has signed new cooperation agreements with Ondernemersvereniging Jumbo (OVJ), effective for the next three years. New delivery hubs For several months, Jumbo has been delivering from centralised hubs and expanding its efulfilment centres. The retai...
09 July 2019
Netherlands-based PLUS has released its H1 2019 results, revealing a 5.4% growth in sales to €1,299m, compared with H1 2018. The retailer’s market share also increased by 0.1% to 6.5% within the same period. “A strong national formula” Commenting on the results, managing director Duncan Hoy, said, “In the past six months we have again demonstrated that a strong national formula, suppleme...