ZAANDAM, the Netherlands -- Ahold here said last week it paid $124 million to complete the previously announced acquisition of Red Food Stores, Chattanooga, Tenn. s through its U.S. holding company Pramer. The 55-store chain had annual sales of $585 million in 1993. "We now have another strong supermarket chain in Red Food Stores," said Robert Zwartendijk, president of Ahold USA and a member of the corporate executive board.

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.