On Thursday, Ahold Delhaize (AD.AS), opens new tab and announced it intends to enhance underlying profits per share and savings over 2025–2028 by boosting digitalization and AI
The business, which operates the Stop & Shop, Giant, Food Lion, and Hannaford stores in the United States, as well as the Albert Heijn and Delhaize chains in the Netherlands and Belgium, expects underlying earnings per share to expand at a high single-digit compound annual rate compared to 2024.
The business, which also owns the Netherlands’ most extensive webshop, Bol.com, said it intends to save 5 billion euros by implementing AI and automation in its logistics, distribution, store operations, and back office while pushing loyalty-scheme members to its apps.
“We intend to funnel loyalty customers from physical cards to our digital apps, which should yield a rapid increase in monthly active users, where we target 30 million by 2028,” the company stated.
The corporation exceeded first-quarter core profit margin forecasts. With the help of European performance, it confirmed its 2024 guidance earlier this month while expressing confidence that volumes would rise later this year despite slowing inflation.
According to a research report from HTX Ventures, the trend of crypto companies departing the United States could be halted,…
Metaplanet Inc., a Japanese investment firm, has been admitted to the CoinShares Blockchain Global Equity Index (BLOCK Index). Prominent publicly…
The central bank's CBDC pilot, which is rapidly expanding, has attracted the participation of numerous prominent South Korean banks and…
After first going to a Mt.Gox cold wallet, most of that stash—nearly 30,400 bitcoin BTC—was sent to "1FG2C…Rveoy," and 2,000…
Major banking firms launched the Global Dollar Network, a regulated platform designed to accelerate stablecoin adoption worldwide. Crypto and traditional…
Rune Christensen, co-founder of Sky (formerly MakerDAO), proposes a strictly deflationary model to stop token emissions, in line with MakerDAO’s…