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BRUSSELS, Belgium (FNS) -- Delhaize "Le Lion" here said a sharp fall in the value of the dollar against the Belgian franc resulted in a 7% drop in net income on a 3.9% decline in sales in the first half ended June 30.the franc fell 15.2% during...
WOODBRIDGE, N.J. -- Pathmark Stores here may be an acquisition target for a number of operators, according to persistent trade reports.Among possible buyers, various observers told SN, are J. Sainsbury, London; Ahold, Zaandam, the Netherlands, and...
PARSIPPANY, N.J. -- The 28 Mayfair Foodtown stores acquired by Ahold USA here late last month will continue to be supplied by Twin County Grocers, Edison, N.J., for at least a year, a locally based Ahold executive told SN last week. Although...
ELIZABETH, N.J. -- Ahold's acquisition of the 28 Mayfair Super Markets operating in northern and central New Jersey is expected to pump added energy into Ahold's Edwards operation in the region.boost Edwards' buying power. And, if Ahold switches...
GREENVILLE, S.C. -- Bi-Lo here has changed the name and image of its private-label health and beauty care line, said Ron Hall, director of private brands for the 260-store chain.The new label, Finast, has replaced the Bi-Lo private brand. The move...
Four months ago, a decision was made to change the name of Red Food Stores, Chattanooga, Tenn., to Bi-Lo, the banner used by the chain based in Mauldin, S.C.The decision was driven by the fact that both chains are commonly owned by Ahold USA...
ZAANDAM, Netherlands -- Royal Ahold here said a lower dollar exchange rate resulted in slightly lower sales for the first quarter ended April 23. Sales for the 16-week quarter fell 0.3% to $5.21 billion U.S. (8.5 billion Dutch guilders). Excluding...
CHATTANOOGA, Tenn. -- With the conversion last week of the final eight units of Red Food Stores to the Bi-Lo banner, Bi-Lo said it expects to become more aggressive in its efforts to recoup lost sales here. The chain expects sales to begin...
ELIZABETH, N.J. -- Netherlands-based Ahold has continued its aggressive U.S. expansion strategy by agreeing to acquire Mayfair Super Markets here.Ahold USA, Parsippany, N.J., Ahold's wholly owned subsidiary, signed a letter of intent last week to...
ZAANDAM, Netherlands -- Royal Ahold here said the acquisition of Red Food Stores, Chattanooga, Tenn. -- combined with changes in marketing and store formats at other subsidiaries -- contributed to higher sales for its U.S. operations for the...