AMSTERDAM — Ahold here said its profits and sales were down in the second quarter, in part because of the timing of the Easter holiday this year and because of unfavorable exchange rates. The company also said it is exploring expansion into Germany with its Dutch convenience store banner. In the U.S., operating income was down 22.6% vs. year-ago levels, to $209 million, which included several one-time charges, mostly related to the transfer of warehouse operations. As previously reported, ...
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.