Pricing Pressures Squeeze Ahold Profits

Ahold said yesterday that a reluctance to pass along cost increases to customers contributed to a decline in profitability at the company, which operates the Stop & Shop, Giant of Landover and Giant of Carlisle chains in the U.S.

AMSTERDAM — Ahold here said yesterday that a reluctance to pass along cost increases to customers contributed to a decline in profitability at the company, which operates the Stop & Shop, Giant of Landover and Giant of Carlisle chains in the U.S. In the Stop & Shop and Giant-Landover segment, operating income was $125 million, down $36 million from year-ago results, which the company attributed to price investments and one-time charges of $44 million, partially offset by gains on asse

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