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Ahold Delhaize

  • Ahold's Troubles Continue to Mount

    AMSTERDAM, Netherlands - Three months after an accounting scandal was revealed at its Columbia, Md.-based U.S. Foodservice subsidiary, Dutch retailer Ahold says it has uncovered an additional $29 million in accounting errors in other American operations.
  • CVS, BJ's Received SEC Inquiry Letters on Vendor Rebates

    NEW YORK - CVS Corp. and BJ's Wholesale Club Inc. said they have received and responded to informal letters of inquiry by the Securities and Exchange Commission regarding their handling of rebates from suppliers, according to a Dow Jones newswires report.
  • Ahold Restates 2001, 2002 Sales Numbers Issued May 16

    AMSTERDAM -- Dutch retailer Royal Ahold NV late Tuesday amended part of the already revised earnings release for 2001 and 2002 it issued May 16, saying sales numbers in some areas were actually higher than reported.
  • Ahold Reports First-quarter Sales

    ZAANDAM, The Netherlands - Royal Ahold on Friday gave its first sales figures since uncovering an accounting scandal in February that involved an $880 million euros earnings overstatement. The group said first-quarter sales fell 11.3 percent to 17.4 billion euros ($19.8 billion).
  • RETAIL INNOVATORS: Pioneering at the POS

    Many manufacturers said it couldn't be done, but Hannaford's c.i.o. persevered until he had a Linux-based point-of-sale system whose hardware has no moving parts.
  • Ahold's U.S. Foodservice CEO Jim Miller Resigns

    ZAANDAM, The Netherlands - Ahold opened its shareholders meeting today with a statement that Jim Miller will be replaced as president and c.e.o. of the embattled U.S. Foodservice.
  • Ahold Says Ongoing Probe May Involve More Staff

    NEW YORK/AMSTERDAM - Royal Ahold said on Friday the financial scandal at its U.S. Foodservice unit may involve more employees than the two managers it initially identified.
  • Ahold Announces Results of U.S. Foodservice Forensic Accounting Investigation

    ZAANDAM, The Netherlands -- The U.S. Foodservice division of Ahold had overstated its earnings by $880 million, the retailer reported today.
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