AMSTERDAM — Ahold here will repurchase 56 supermarkets in the Netherlands from Schuitema, the supermarket retailer that Ahold has been seeking to divest. Ahold owns a 73% stake in Schuitema. The stores, branded C1000, would add about $706 million to Ahold’s retail sales in the Netherlands, where its Albert Heijn chain holds the No. 1 share, according to a Reuters report. Ahold could not be reached for comment yesterday. Read More of Today's Headlines

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

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 a complimentary copy of SN's salary survey sent to you by email.
 

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.