Parent company Albert Heijn and bol.com tighten their belts

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Ahold Delhaize, the parent company of supermarket chain Albert Heijn and online store bol.com, will further reduce costs and focus more on its own branded products and loyalty programs. The company will announce this during the presentation of the figures for the first months of this year, less prosperous for the first time in a long time.

For example, 7% less were sold through bol.com, which means the online store still outperforms its peers, according to Ahold. The intention is still to float bol.com later this year.

In response to constantly rising prices for consumers, Ahold is investing heavily in private label. “Which offer good quality at a lower cost compared to leading brands,” according to the company.

In the Benelux, own brand products account for a third of sales.

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