• Ahold USA, Quincy, Mass., whose second-half sales rose 7.3% to $11.7 billion, with comps up 6.8% in the third quarter and 2.9% in the fourth, while operating profit rose 22.9% to $462 million in the half.
Wolf said Ahold USA has taken a page from Kroger “in terms of getting serious about selling value over the last few years, and by the second half of last year, Ahold was at the point where it was beginning to reap the benefits of several years of price ...
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