New World: A ‘Reshaping’ Ahold Looks Ahead
Thirty-five years after arriving in the United States — and 10 since an accounting scandal nearly chased it out — the Dutch retailer Ahold has proven an enduring presence in America. But what now?
Ahold: 35 Years of Trials and Triumphs
For the first 90 years of its existence, Ahold was content to do business in its Netherlands birthplace, but by the late 1970s, Ahold looked to go global.
Trade Fair Locks Out Butchers: Union
NEW YORK — Around 100 meat department workers at nine Trade Fair supermarkets here have been locked out by the retailer, according to United Food and Commercial Workers Local 342.
Investor Buys Stake in N.Y.’s Associated
NEW YORK — Private equity firm AUA Private Equity Partners here said it has completed a recapitalization of Associated Food Holdings that will allow the company to accelerate new store growth and increase financing to its operators for remodeling and expansion.
More Changes Ahead for Food Lion, Says New Delhaize CEO
SALISBURY, N.C. — Making his first public pronouncements since taking charge of Delhaize America four months ago, Roland Smith pledged to accelerate the repositioning of Food Lion; increase price competitiveness at Hannaford; and optimize the Bottom Dollar format.
Food Lion Abandons Test of Fewer Promotions
SALISBURY, N.C. — Food Lion officials said Thursday that the chain was discontinuing a test of reducing promotions in favor of lower shelf pricing launched late last year in the dairy and frozen departments of some stores.
Sales Rise, Earnings Flat at Village
SPRINGFIELD, N.J. — Strong sales at stores that reopened quickly following Hurricane Sandy helped Village Super Market here post a 5.4% sales increase during the second quarter, the retailer here said Wednesday.
Fairway Losses Continue as Sales Grow
NEW YORK — Fairway Market posted a net loss of $56.1 million while sales improved by 19.3% through the first three quarters of its fiscal year, the retailer here said in a filing with the Securities and Exchange Commission.
Ahold Q4 Earnings Dip, Mum on Harris Teeter
AMSTERDAM — Ahold here on Thursday said writedowns for pension funds and technology investments contributed to a decline in net income for the fourth quarter and fiscal year, but the company highlighted sales and market share gains in what it described as a tough operating environment.
Dollar Tree Posts Q4 Gains, Shuns Tobacco
CHESAPEAKE, Va. — Dollar Tree net earnings improved by 10.2% in the fourth quarter, helped by sales growth, cost reductions, a slight improvement in margins and the effect of an extra week in the selling period, the company here said Wednesday.
Some Retailers See Slow Start in 2013
Concerns arose last week that retailers could be in for an even tougher year than expected after a leaked email from a Wal-Mart official described sales in early February as “a total disaster.”
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