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Ahold Delhaize

  • Ahold Confirms That Former U.S. Foodservice Execs Have Been Charged

    ZAANDAM, The Netherlands - Ahold yesterday confirmed that the U.S. Department of Justice and the Securities and Exchange Commission have brought charges against four former executives of its American subsidiary, U.S. Foodservice. The charges stem from prior-year accounting irregularities at U.S. Foodservice that were announced in February 2003.

  • Ahold Enters into Agreement on Partial Sale of Canica's Stake in ICA AB

    ZAANDAM, The Netherlands - Ahold has entered into an agreement with ICA Forbundet Invest, its partner in the Scandinavian joint venture ICA AB, in which ICA Forbundet will purchase from Ahold half of the shares of ICA AB that Ahold will, in turn, purchase from the third joint-venture partner, Canica AS, under the put option exercised by Canica.

  • Ahold Resolves Pending Insurance Litigation with AIG

    ZAANDAM, The Netherlands - Dutch retail giant Ahold on Friday said that it has settled all pending insurance coverage litigation with AIG Europe (Netherlands) N.V. regarding the directors and officers liability insurance policy for Ahold and its subsidiary U.S. Foodservice.

  • Global Retailers, Manufacturers Collaborate to Advance Data Synchronization

    PARIS - Auchan, Casino, Delhaize Group, El Corte Ingles, Royal Ahold, and Tesco yesterday announced their plans to work with the WorldWide Retail Exchange's Worldwide Item Management (WIM) solution to make global data synchronization (GDS) a working reality.

  • Hannaford Goes Live With Outbound Logistics System

    SCARBOROUGH, Maine - Hannaford Bros., a subsidiary of Delhaize America and an operator of 122 supermarkets and food and drug combination stores in the Northeast, announced it has successfully deployed a logistics solution from Cary, N.C.-based Supply Chain Intelligence.

  • Ahold Posts First-quarter Loss

    AMSTERDAM - Dutch retail group Ahold announced today that its core profits fell in the first quarter due in part to charges from divestments.

  • Ahold Reprimanded for Not Reporting Accounting Woes Sooner

    AMSTERDAM - Euronext, a European stock exchange, officially reprimanded Ahold NV today, saying global food retailer broke market rules by delaying the disclosure of accounting problems that had it near bankruptcy last year, according to Associated Press WorldStream.

  • Ahold's First-quarter Sales Decline 11 Percent

    ZAANDAM, The Netherlands - Ahold reported a larger than expected 11 percent decline in first-quarter sales as a result of divestments and the U.S. dollar's drop against the euro.
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