Ahold Delhaize plans to capitalize on rising online grocery market

Online grocery sales continue to climb higher — they now account for 6.3% of total grocery-related spending by U.S. households, according to a recent report — and Ahold Delhaize CEO Frans Muller discussed how his company plans on capitalizing on that growth in an interview with business news agency Bloomberg.

Muller said Ahold Delhaize earns about $5 billion in online sales revenue, and he expects that number to jump to about $7 billion within the next two years. 

“We grow so fast and collect those dots to make sure it is more convenient and holistic for the customer,” Muller said during the Bloomberg interview.

To watch the Bloomberg interview, click here.