AHOLD EXPECTS SALES IN SPAIN TO DOUBLE IN THREE YEARS

ZAANDAM, The Netherlands -- Ahold here said it expects its sales in Spain will double within three years to approximately $3.4 billion annually. , which Ahold said it expects to complete by year's end, would give the company 530 stores in Spain with annual sales of roughly $1.7 billion."Ahold will be one of the few prominent national food distributors in Spain," said Cees van der Hoeven, Ahold president

ZAANDAM, The Netherlands -- Ahold here said it expects its sales in Spain will double within three years to approximately $3.4 billion annually.

, which Ahold said it expects to complete by year's end, would give the company 530 stores in Spain with annual sales of roughly $1.7 billion.

"Ahold will be one of the few prominent national food distributors in Spain," said Cees van der Hoeven, Ahold president and chief executive officer, speaking to retailers at a Food Congress in

Register to view the full article