Ahold Delhaize is relying on artificial intelligence and digital technology to increase profits and cost savings.

Reported 10 months ago

Ahold Delhaize is aiming to increase earnings and savings through AI and digital initiatives over the 2025-2028 period by automating back-end operations and driving customers to digital apps. The supermarket group plans to grow underlying earnings per share at a high single-digit rate, maintain a 4% operating margin until 2028, achieve 5 billion euros in savings through AI and automation, increase monthly active app users to 30 million by 2028, boost own-brand product sales to 45% of total sales, and generate around 3 billion euros from additional income streams by 2028.

Source: YAHOO

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