Dutch supermarket Royal Ahold is today facing strikes across its
domestic Albert Heijn distribution and supply centres as workers
dispute pay and contracts.
The financial scandal at Dutch retail group Ahold has deepened with
the company revealing that its Tops supermarket unit in the US had
also overstated profits in much the same way as the US Foodservice
subsidiary. All of which means...
Things are not looking good for Ahold, the Dutch retail group which
for many years has been the darling of the stock market.
Substantial write downs from its South American business announced
earlier in the year have now been followed...
Dutch retailer Royal Ahold said on Thursday that its US Foodservice
subsidiary would acquire certain assets of US distributor Lady
Baltimore Foods for an undisclosed amount.
Dutch retailer Royal Ahold said on Monday that it would bid about
$50 million for the shares of Chilean supermarket firm Santa Isabel
that it did not already own.
Royal Ahold, the giant Dutch retailing group, has taken 100 per
cent control of Disco Ahold International Holdings (DAIH), the
joint venture which it operated in Latin America with the Velox
Retail Holdings group.