Ahold Delhaize USA CEO: Inflation may ease in mid-2022

2021-11-30

Ahold Delhaize USA CEO Kevin Holt said the grocer is currently projecting inflation to start easing by the end of 2022's second quarter as labor shortages and supply chain snarls begin to work themselves out. "We think that inflation will come back down to its more normalized levels that we would see around that 2% inflation," Holt said as he discussed the grocer's target of roughly $11.4 billion in sales growth by 2025.

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