AMSTERDAM — Ahold here said yesterday that a reluctance to pass along cost increases to customers contributed to a decline in profitability at the company, which operates the Stop & Shop, Giant of Landover and Giant of Carlisle chains in the U.S. In the Stop & Shop and Giant-Landover segment, operating income was $125 million, down $36 million from year-ago results, which the company attributed to price investments and one-time charges of $44 million, partially offset by gains on ...
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.
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.