AHOLD TO INVEST HEAVILY IN U.S. STORE REMODELS

ZAANDAM, Netherlands -- Ahold here said it would triple the number of remodels at its Stop & Shop and Giant-Landover chains this year as it seeks to regain sales momentum at the recently combined banners.In a conference call last week discussing its results for the fiscal year ended Jan. 2, Ahold said it would boost capital expenditures to 4% of sales this year, or an estimated $2.3 billion, after

ZAANDAM, Netherlands -- Ahold here said it would triple the number of remodels at its Stop & Shop and Giant-Landover chains this year as it seeks to regain sales momentum at the recently combined banners.

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