Ahold Delhaize

TAMPA, Fla. -- Plaintiffs in the class action lawsuit against Kash n' Karry -- which accused the chain of paying women less than men who did similar work -- will be offered a share in a $3.1 million settlement with the chain, according to an article in the St. Petersburg Times.

AMSTERDAM -- Shares in Ahold rose today as the market welcomed the news that the company's new chief executive will unveil a new strategy Sept. 4, even before 2002 results are known, to rebuild the shattered confidence of shareholders who saw their investments evaporate in the wake of the accounting scandal, Reuters reports.

ZAANDAM, The Netherlands -- Royal Ahold here said today that its consolidated sales for the second quarter ended July 12 were Euro 13.0 billion, a decline of 12.4 percent, compared with the Euro 14.8 billion reported for the same period in 2002.

AMSTERDAM -- Ahold, the embattled Dutch grocery group reeling from a large accounting scandal revealed earlier this year, is expected to unveil a more than 10 percent decline in second-quarter sales when it provides a trading update on Friday.

AMSTERDAM -- Supermarket retailer and foodservice operator Royal Ahold NV said Friday it has closed the sale of its 99.6 percent interest in Santa Isabel S.A. to Chilean retailer Cencosud S.A.

AMSTERDAM -- Ahold will give its wary investors a first peek into its internal affairs next week when it publishes a sales update on an unspecified day next week, Reuters reports.

SAO PAULO, Brazil - Wal-Mart Stores Inc. is interested in buying the Brazilian, Argentine, and Peruvian units of Dutch retailer Ahold, sources close to the process told Reuters on Friday.

AMSTERDAM -- The 2002 earnings of embattled retailer Royal Ahold NV will be hit by EUR907 million in accounting irregularities, but not by paying an extra net contribution to the company's pension fund, Royal Ahold said Tuesday.