Ahold to enhance supplier diversity
CARLISLE, Pa. — Ahold USA inked a deal with RangeMe, an online platform that streamlines new product discovery between retailers and product suppliers. Specifically, the technology platform allows Ahold to discover and source more women-owned and minority-owned businesses with innovative and quality products for its division stores.
Ahold USA stated it will use RangeMe to not only scale its product and supplier discovery efforts, but also to manage the company’s inbound product submissions.
"Our goal is to develop more mutually beneficial and successful partnerships with small and diverse suppliers," said Nick Bertram, SVP of merchandising strategy and support, Ahold USA. "This partnership with RangeMe reinforces our commitment to accomplish this at scale while providing our division customers with amazing products at competitive costs."
"We are honored to partner with Ahold USA to scale such an important initiative in our industry," said Nicky Jackson, founder and CEO of RangeMe. "It's refreshing to work with such a forward-thinking retailer to bring greater opportunity to our growing and diverse supplier base."
Ahold USA is the parent company of many grocery brands, including Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, Giant Carlisle and online grocery Peapod.
San Francisco-based RangeMe also announced it struck a deal whereby beauty retailer Sephora will also utilize its services.
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Of course, the list of these types of collaborations is endless. Here’s wishing you productive, cooperative efforts in your community.
Dave Wendland is vice president and co-owner of Hamacher Resource Group, a retail healthcare consultancy located near Milwaukee, Wisconsin. He directs business development, product innovation and marketing communications activities for the company and has been instrumental in positioning HRG among the industry’s foremost thought leaders. You may contact him at (414) 431-5301 or learn more at Hamacher.com.
Thanks for the comment, JoAnn. Thinking outside the box is one of my core competencies ... I'm glad you feel inspired.
Dave - I like your out-of-the-box thinking!
Ahold Delhaize commences 1B euros share buyback program
ZAANDAM, The Netherlands — Ahold Delhaize will buy back $1 billion euros worth of its stock. The program is expected to be completed by the end of this year.
According to Ahold Delhaize, the program is intended to reduce the company’s capital by cancelling all or part of the common shares acquired through the program.
The share buyback is part of Ahold Delhaize’s Better Together strategy. The company will provide updates on the status of the share buyback program throughout the year.
In the United States, Ahold Delhaize is the parent of Stop and Shop, Food Lion, Giant and more.
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