All Ahold Delhaize articles – Page 3
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News
Ahold net sales up 4.4% to £25.2bn
During 2010, retail group Ahold’s consolidated net sales reached €29.5bn (£25.2bn), up 4.4% after adjustments or 5.7% on a non-adjusted basis. During the fourth quarter, consolidated net sales, which do not include the joint ventures ICA Group in Scandinavia and JMR, were €6.9bn (£5.9bn). This is an increase of 5.5% ...
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News
Ahold to open first store in Belgium
Dutch grocery retailer Ahold is going to open its first store in Belgium in March.The store in Brasschaat, located north of Antwerp and less than 10 kilometres from the Dutch border, will be franchise-owned by Nathalie and Marco Van Ende and supplied by the existing Albert Heijn warehouse in Tilburg, ...
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News
Ahold's ICA in Sweden trials student special packages
Ahold’s ICA in Sweden is trialling special packages for students. Called ICA Student, the scheme offers help with food shopping, insurance issues and banking services in a single package.In the first phase the service is being tested among 200 students from Uppsala and Norrtälje. Should the concept prove successful, ICA ...
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Ahold appoints Europe COO Dick Boer as CEO
Ahold has appointed Dick Boer as chief executive of the company, with effect from March 2011. He will succeed John Rishton, who is leaving to become chief executive of Rolls-Royce.Boer, who has been with the company since 1998, is chief operating officer of Ahold’s European division and member of the ...
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News
Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
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News
Ahold and Schwarz face Czech monopoly probe
Dutch retailer Ahold and Germany-based Schwarz Group are the subject of an investigation launched by the Czech anti-monopoly office UOHS into suspected abuse of market positions. UOHS said it was investigating whether the retailers abused their market power in the central European country, but gave no further details. Under Czech ...
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Ahold Q1 profits up 45.7%
Dutch retailer Ahold posted a 45.7% rise in first-quarter net profit to reach €274m (£226.6m), mainly due to changes in its estimates for provisions for its former subsidiaries.It posted a 1% sales increase in its first quarter to reach E8.7bn (£7.2bn), a 3.4% increase at constant exchange rates. Operating income ...
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AnalysisPre-recession plans give Ahold strong US footing
A decade ago, Dutch retailer Ahold was present in 25 markets around the world.
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News
Ahold posts a 22% uplift in third-quarter net profits
Ahold posted a 22% uplift in third-quarter net profits, but warned competition will intensify in the run-up to Christmas.The Dutch grocery group said earnings from one of its US chains, Giant-Carlisle, had been hit by intense competition from Walmart. Group net profit in the three months to September 30 was ...
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News
Ahold on hunt for targeted acquisitions again
Ahold is on the hunt for targeted acquisitions again.The retailer’s E2.6bn (£2.3bn) cash pile and very low debt levels – net debt stands at about E1.16bn (£1.03bn) – mean it can now pursue growth in new and existing markets.The retailer this month hired operational managers for its European and ...
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NewsAhold profits slump in second quarter on divestments
Dutch giant Ahold, operator of US grocery chains Stop & Shop and Giant, has suffered a 42% fall in second-quarter net profit to €195m (£163m).
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NewsChapter 11 provisions take shine off Ahold’s US performance
International grocery group Ahold has reported that its US chains Stop & Shop and Giant-Landover delivered their best like-for-like performance “in many years” during the first quarter.
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News
Ahold posts strong first quarter net sales growth
Grocery giant Ahold posted strong net sales growth of 15.2 per cent to €8.7bn (£7.8bn) for the first quarter ending April 19, led by a strong performance in its core European and US markets. Its Albert Heijn chain generated net sales growth of 12.3 per cent to €3bn (£2.7bn). In ...
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News
Ahold outperforms as it posts bumper profits
Dutch grocer Ahold reported better than expected fourth quarter results after winning market share in its home country and reaping the benefits of its revamped stores in the US.
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Carrefour and Ahold buck slump with robust Q3 sales
French giant Carrefour and Dutch grocer Ahold bucked the downturn to reveal resilient third quarter sales in the face of global economic turmoil.
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Carrefour and Ahold post resilient third-quarter sales
French retailer Carrefour and Dutch grocer Ahold posted resilient third-quarter trading updates.
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News
Ahold reveals new look for ailing chains in US
Dutch grocer Ahold has unveiled a fresh design for its Giant-Landover and Stop & Shop fascias as part of a wider push to reinvigorate the struggling chains.
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News
Ahold margins hit by promotions
International retailer Ahold has taken a margin hit and missed analysts’ forecasts after spending heavily on price promotions during its second quarter.
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News
Ahold Q2 beats expectations
Dutch retail group Ahold has beat analysts expectations for the second quarter of its financial year, reporting net sales of €5.8 billion ( 4.57 billion).