ZAANDAM, Netherlands -- Ahold here said last week it does not intend to slash prices, but instead will seek to re-engineer its operations to lower costs and improve operating margins in its U.S. retail operations. "We will take it step-by-step to prepare ourselves to be a more competitive player while still delivering something to our shareholders," Anders Moberg, president and chief executive officer, explained. Speaking with industry analysts to discuss financial results for the ...
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