NEWSWATCH

AHOLD MOVES TO FINALIZE PEAPOD MERGERe said it expected to complete its merger with Peapod late last week following completion of its tender offer for all outstanding common shares of the Internet-based shopping service. As part of the offer, Ahold paid $2.15 per share for Peapod stoc, in a deal valued at approximately $35 million. When the tender offer was completed, Ahold said it owned approximately

AHOLD MOVES TO FINALIZE PEAPOD MERGER

e said it expected to complete its merger with Peapod late last week following completion of its tender offer for all outstanding common shares of the Internet-based shopping service. As part of the offer, Ahold paid $2.15 per share for Peapod stoc, in a deal valued at approximately $35 million. When the tender offer was completed, Ahold said it owned approximately 82.6% of Peapod's stock, up from 58%. The company said last week it planned to exercise warrants to purchase additional shares until it owned at least 90% of the common stock. Once it reached that goal, Ahold said it planned to make Peapod an indirect, wholly-owned Ahold subsidiary.

FDI PLANS SEMINARS TO FINE TUNE SHELF

FALLS CHURCH, Va. -- Food Distributors International here said it will hold two more regional training seminars to help retailers improve shelf-management practices -- one in early November in Chicago and another during the first quarter of 2002 in an as-yet-undetermined East Coast city. According to FDI, the seminars are designed to help members develop a step-by-step plan to analyze current practices and develop methods to improve performance in the areas of assortment, shelf management and display management, including speed-to-shelf improvements and planogram integrity -- subjects covered by FDI's In-Store Implementation Project that was released last year and the follow-up guidebook issued in March.