FreshDirect CEO Says Customers Will Only See Benefits After Dutch Grocer Buys Majority Stake

Amelia Lucas, CNBC Retail & FoodService November 24, 2020

FreshDirect customers have nothing to fear after the company was bought by the Dutch owner of Stop & Shop and Food Lion, the grocery delivery service’s CEO said Tuesday.

Ahold Delhaize and Centerbridge Partners, a private equity firm, announced Wednesday that they would be buying FreshDirect. Financial terms of the deal were not disclosed, but Ahold Delhaize will acquire a majority stake and Centerbridge Partners will have a minority investment of 20%.

“Hopefully the only differences that customers see are the benefits,” FreshDirect CEO David McInerney said on CNBC’s “Squawk Box.”

To read the rest of the story, please go to: CNBC

Related Articles

Produce

Stop & Shop Gives Back And Helps Families Headed Back-To-School Through

Produce for Kids Produce September 1, 2021

Produce for Kids and Stop & Shop are giving families the tools they need to navigate the back-to-school rush through digital resources, an E-commerce site and resources in the produce departments of more than 400 Stop & Shop stores. The month-long cause-marketing campaign, which spotlights partners such as Bolthouse, Envy™ Apples, RealSweet® Onions and Wonderful Pistachios, will culminate in a donation of 100,000 meals to the Downtown Evening Soup Pantry in New Haven, CT. …

Retail & FoodService

Bringg and NRS Partner to Provide Local Delivery for Purchases from Independent Retailers

Bringg Retail & FoodService August 31, 2022

Bringg, the market leading delivery management platform provider, and National Retail Solutions (NRS), operator of the leading point-of-sale (POS) platform for independent convenience stores,delis and supermarkets, bodegas and other neighborhood retailers, announce a partnership. The alliance will enable NRS’ 19,000+ retailers nationwide to source and manage external delivery providers for  home delivery services utilizing Bringg’s Delivery Hub.  …