The company posted 9% U.S. sales gains last quarter
 
Supermarket News Daily

FEBRUARY 16, 2023

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Ahold Delhaize posts 9.2% U.S. sales gains in Q4

More promotions in 2023 will seek to drive unit volumes, CEO Muller tells SN.

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Your net profit margin? Consumers think it’s way higher than it is.

A new survey reveals that shoppers are greatly overestimating retailer profit margins and inflation rates. 

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Southeastern Grocers expands online shopping with curbside pickup

The grocer will also donate $10 to local food banks for every online order placed on Random Acts of Kindness Day, Feb. 17.

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Instacart launches 'queued batches,' 'multi-store add-ons'

The move is meant to enhance efficiencies and earnings for the company's shopper workforce.

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Tell us what you think...

Shoppers believe that grocery retailers are earning a 35.2% net profit margin, a whopping 14 times higher than grocers’ actual average of 2.5%, according to a new survey.

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Were you aware of just how big this discrepancy is? Are you taking any steps in terms of price / loyalty / other messaging to offset that perception? Let us know in the comments here, or email your thoughts to SN Executive Editor Chloe Riley at [email protected].

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