German retailer Metro Group and Dutch peer Ahold are among the latest firms to recall products after admitting certain lines contained horsemeat. Metro said its Real grocery chain pulled its frozen TiP Lasagna Bolognese from its shelves ...
Tags: retailer Metro Group, Dutch peer, horsemeat
Dutch retailer Ahold today (17 January) booked an increase in fourth-quarter and full-year sales, which were boosted by gains at its domestic and US units. The company said sales rose 8.5% in fiscal 2012. Stripping out currency exchange, ...
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
John Rishton, the former chief executive of Dutch retailer Ahold, is set to take a seat on Unilever's boards of directors, the consumer goods giant said today (17 December). Rishton, who was Ahold boss between 2007 and 2011, will be put ...
Tags: John Rishton, Dutch retailer Ahold, Food
Dutch retailer Ahold has booked a decline in operating profit as investments in pricing hit margins. The company booked an 11% increase in sales, which rose to EUR1.6bn (US$9.67bn) as its strategy to lower prices resulted in higher ...
Tags: Ahold, operating profit, decline, food industry
Dutch retailer Ahold has said it expects to see its margins recover in the Netherlands after conceding they were "weaker than expected" in the first half. Ahold this morning (22 August) booked an increase in first-half profits but its ...
Tags: Ahold, margins recover, profit, food industry
Dutch retailer Ahold is to team up with US meats firm Vantage Foods on a processing project in Pennsylvania. Ahold, which owns chains including Stop & Shop and Giant Food in the US, will build a plant in Lower Allen Township in ...
Tags: Meat Plant, processing project, supply chain
Dutch retailer Ahold has said it will step up its moves to cut costs in a bid to fuel further investment in the business. Ahead of a meeting with analysts in the US, the group said it will up its cost savings from EUR350m (US$454.7m) to ...
Tags: fuel investment, Giant Food, Food, convenience stores
Dutch retailer Ahold has booked an increase in first-half profits but its shares fell amid pressure on margins and the company's caution over future trading. Earnings in the six months to the end of June climbed 8.2% to EUR530m ...
Tags: Ahold, shares, margins, amid pressure