NEW YORK -- Ahold last week closed its acquisition of Stop & Shop Cos. amid growing industry speculation that its planned divestiture of 31 supermarkets could trigger competitive shifts in the New England market.Representatives from Ahold and Stop...
ZAANDAM, Netherlands -- Ahold here last week agreed to divest 29 stores in gaining federal and state consent to conclude its acquisition of Stop & Shop Cos., Quincy, Mass. The move stands to sharpen supermarket competition in New England, since...
ATLANTA -- Ahold USA here is jointly sponsoring a study with the International Brotherhood of Teamsters, Washington, to determine the impact of the retailer's use of cross-docking on local economies.The study, which could begin as early as next...
ZAANDAM, Netherlands -- Royal Ahold here said last week it has extended until Friday its tender offer for shares of Stop & Shop Cos., Quincy, Mass. It is the fourth extension of the offer. The previous extension was scheduled to expire at midnight...
ZAANDAM, Netherlands -- Ahold here last week announced a global stock offering to finance its acquisition of Stop & Shop Cos., Quincy, Mass., plus other international expansion projects.et share, includes the assumption of $1.1 billion of interest...
ZAANDAM, Netherlands -- Ahold here said it may divest up to 32 supermarkets in gaining federal and state approval for its acquisition of Stop & Shop Cos., Quincy, Mass., slated to close by the end of next month.The company also extended the period...
ZAANDAM, Netherlands -- Ahold here had sharp sales and earnings gains in the first quarter ended April 21.per dollar), Ahold reported. Net earnings jumped 15.7% to $83.88 million (138.4 million guilders). U.S. supermarket sales, through Ahold USA...
Royal Ahold, Zaandam, the Netherlands, has extended the period for its tender offer for shares of Stop & Shop Cos. to May 15. The offer previously had been scheduled to expire April 30. The extension was made to give the Federal Trade Commission...
ATLANTA -- Ahold USA here will equip all its divisions with a suite of new software applications as the latest step in standardizing technologies for all its chains.Each division will receive software to automate financial reporting at the store...
QUINCY, Mass. -- Ahold, Zaandam, Netherlands, agreed to acquire Stop & Shop Cos. here last week in a move that surprised the supermarket industry and underlined the Dutch firm's determination to markedly increase its U.S. presence.For the $2.9...