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Ahold Delhaize

All articles tagged with #ahold delhaize

technology1 year ago

Stop & Shop Faces Empty Shelves After Cyberattack Disrupts Inventory

A cyber incident has disrupted operations at Stop & Shop and Hannaford grocery stores in the Northeast, leading to empty shelves and product shortages just before Thanksgiving. The parent company, Ahold Delhaize, is investigating the issue, which has affected payment systems and deliveries, suggesting a possible ransomware attack. Despite the disruptions, the stores are working to restock and ensure availability of Thanksgiving essentials.

via NBC News|
#ahold-delhaize#cybersecurity#ransomware
business1 year ago

Stop & Shop to Close Underperforming Stores Nationwide

Stop & Shop, a supermarket chain with over 400 locations, will be closing several underperforming stores to strengthen its brand, according to CEO JJ Fleeman. The exact number and locations of the closures will be announced later. The company has already remodeled 190 stores and plans to invest in technology and pricing to improve customer experience and achieve a stronger market position by 2028.

via The US Sun|
#ahold-delhaize#business#retail
business1 year ago

Stop & Shop Announces Closures Amid Struggles, CT Stores Uncertain

Stop & Shop plans to close underperforming stores to ensure long-term viability, though the company did not specify how many locations will be affected. Despite these closures, Stop & Shop maintains a strong market share in the Northeast and has remodeled over 190 stores. The decision comes amid broader industry challenges, including inflation and margin pressures.

via Fox Business|
#ahold-delhaize#business#grocery-industry
business1 year ago

Stop & Shop to Close Underperforming Stores Amid Struggles

Stop & Shop plans to close an unspecified number of underperforming stores in the Northeast to ensure long-term business health and growth. The company, which operates nearly 400 stores in five states, has already remodeled nearly half of its locations and will focus on markets where it has strong performance. Specific details on the closures, including the number of stores and timeline, have not been disclosed.

via New York Post |
#ahold-delhaize#business#grocery-stores
business1 year ago

Stop & Shop to Close Underperforming Stores Amid Retail Struggles

Stop & Shop plans to close underperforming stores in the coming years as part of a four-year strategy to strengthen its brand and market position. The company, which has nearly 400 stores in the northeast, including 125 in Massachusetts, has not yet disclosed which locations will be affected. The decision follows a review of its portfolio and aims to ensure long-term health and growth.

via CBS Boston|
#ahold-delhaize#business#massachusetts
business1 year ago

Stop & Shop to Close Underperforming Stores

Ahold Delhaize, the parent company of Stop & Shop, announced plans to close an unspecified number of underperforming stores to improve the supermarket chain's performance. The decision, revealed at the company's investor strategy day, aims to optimize the store portfolio, reduce costs, and focus on markets where Stop & Shop has a strong presence. The company will continue investing in store remodels and operational efficiency to ensure long-term growth and customer satisfaction.

via WCVB Boston|
#ahold-delhaize#business#cost-structure