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Royal Ahold N. V.
Type Public (Euronext: AH, FWB: AHO, NYSE: AHO, SWX: AHO)
Founded 1973
Headquarters Amsterdam, the Netherlands
Key people John Rishton, CEO
Industry Grocery Stores
Products Retail
Revenue ▲ €44. Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands The Frankfurt Stock Exchange ( FWB Frankfurter Wertpapierbörse) is a Stock exchange located in Frankfurt, Germany. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands John Rishton (born 21 February 1958) is the CEO of the Dutch company Ahold. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" A grocery store is a store established primarily for the Retailing of Food. In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Please update other articles as well to avoid contradiction within Wikipedia e 872 billion (2006)
Operating income ▲ €1. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses Please update other articles as well to avoid contradiction within Wikipedia e 293 billion (2006)
Net income ▲ €915 million (2006)
Employees 163,866 (2006 average)
Website www.ahold.com

Ahold, (in full Koninklijke Ahold N. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. Please update other articles as well to avoid contradiction within Wikipedia e Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Employment is a Contract between two parties, one being the employer and the other being the employee. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages V. , Royal Ahold N. V. ), (Euronext: AH, FWB: AHO, NYSE: AHO, SWX: AHO) is a major international supermarket operator based in Amsterdam in the Netherlands. Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands The Frankfurt Stock Exchange ( FWB Frankfurter Wertpapierbörse) is a Stock exchange located in Frankfurt, Germany. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Customer divider barjpg|thumb|In supermarkets sellers periodically change prices for classes of goods in response to market conditions rather than negotiating the price of each good Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands Ahold is listed on Euronext Amsterdam, the New York Stock Exchange and the Frankfurt Stock Exchange. Euronext NV is a pan- European Stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The Frankfurt Stock Exchange ( FWB Frankfurter Wertpapierbörse) is a Stock exchange located in Frankfurt, Germany.

Contents

Company history

The company's origins can be traced back to 27 May 1887 with the founding of the Albert Heijn grocery store in Oostzaan, the Netherlands. Events 927 - Simeon the Great, Tsar of Bulgaria, dies 1120 - Richard III of Capua is anointed Year 1887 ( MDCCCLXXXVII) was a Common year starting on Saturday (link will display the full calendar of the Gregorian calendar (or a Common Albert Heijn BV is a Supermarket chain founded in 1887 in Oostzaan, Netherlands. Oostzaan is a municipality and a town in the Netherlands, in the province of North Holland. The grocery chain expanded through the first half of the 20th century, and went public in 1948. It became the largest grocery chain in the Netherlands, expanded into liquor stores and cosmetic stores in the 1970s, and changed its name to "Ahold" in 1973 (which stands for "Albert Heijn Holdings"). The company expanded internationally starting in the mid 1970s, eventually buying chains in Spain, the United States, and Portugal, and accelerating its acquisitions in the latter half of the 1990s in markets in Latin America, Central Europe and Asia. Spain () or the Kingdom of Spain (Reino de España is a country located mostly in southwestern Europe on the Iberian Peninsula. The United States of America —commonly referred to as the Portugal, officially the Portuguese Republic (República Portuguesa is a country on the Iberian Peninsula. Central Europe is the Region lying between the variously and vaguely defined areas of Eastern and

This ambitious global expansion was halted by fraud at the chain's American subsidiary U.S. Foodservice and by a Board level accounting scandal. The United States of America —commonly referred to as the A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity US Foodservice, based in Rosemont Illinois, is the second largest broadline Foodservice distributor in the United States. In February 2003, the CEO and CFO resigned following charges of financial irregularities. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Earnings over 2001 and 2002 had to be restated and the company began selling off some of its grocery chains in Latin America and elsewhere. This is a list of Supermarkets, past and present whether under the parent corporation's name or another name

A similar scandal, albeit on a much smaller scale, arose in the Tops Markets unit at about the same time. The total of all liabilities and public image damage thus incurred proved burdensome and very difficult to overcome. By 2003, Ahold had totally pulled out of Asia. It has also pulled out of Brazil, once a sizable market for Ahold, and it sold the Bi-Lo and Bruno's chains in the United States. |utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld BI-LO is a supermarket chain headquartered in Mauldin South Carolina. Bruno's Supermarkets is an American chain of Grocery stores founded in Birmingham Alabama. The United States of America —commonly referred to as the

In July 2006, it announced that the Northeast Ohio division of Tops Markets would be put up for sale and that the stores in that region would close by the end of the year regardless of whether or not they had been sold. In early October of that same year, Ahold issued a statement in compliance with the WARN Act, or Worker Adjustment and Retraining Notification Act, indicating that the stores would, indeed, close on December 8, 2006, regardless of whether they had been sold. The Worker Adjustment and Retraining Notification Act (WARN Act is a United States labor law which protects employees their families and communities by requiring most employers In early November, Ahold announced that the remainder of the Tops chain in the states of New York and Pennsylvania would be put up for sale.

Ahold announced details of a major strategic review on November 6, 2006. As of May 2007 Ahold has reached a definitive agreement for the sale of U.S. Foodservice to a consortium of CD&R and KKR for 7. US Foodservice, based in Rosemont Illinois, is the second largest broadline Foodservice distributor in the United States. Clayton Dubilier & Rice is one of the oldest private equity investment firms in the world Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City -based Private equity firm that focuses primarily on late-stage Leveraged 1 billion USD[1]. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been It will also divest retail operations in Poland and Slovakia as well as selling its 49% stake in Portugal's Jeronimo Martins.

In July 2007, Ahold's Stop & Shop division announced that it would exit the Philadelphia/Southern New Jersey market, selling 10 Super Stop & Shop stores to Wakefern, which will convert them to ShopRite Supermarkets[2]. The Stop & Shop Supermarket Company is a chain of Supermarkets located mostly in New England and Long Island. Philadelphia (ˌfɪləˈdɛlfiə This is about a region in the United States For the island of Jersey see Jersey. The Stop & Shop Supermarket Company is a chain of Supermarkets located mostly in New England and Long Island. The Wakefern Food Corp, founded in 1946 and based in Elizabeth New Jersey ( United States) is the largest co-operative group of supermarkets This article is about the North American food distributor For other companies with the same or similar name see ShopRite. The stores were all opened in the late 1990s under the Super G banner and represented new markets for Ahold. Giant Food LLC is a Supermarket chain with 202 locations throughout Washington D In 2005, the underperforming Super G stores switched banners and became Super Stop & Shop stores, in a failed attempt to revive sales. Giant Food LLC is a Supermarket chain with 202 locations throughout Washington D The Stop & Shop Supermarket Company is a chain of Supermarkets located mostly in New England and Long Island. At that time, 4 New Jersey Super G stores were also shuttered. Giant Food LLC is a Supermarket chain with 202 locations throughout Washington D

Supermarket News ranked Ahold's U. S. division No. 7 in the 2007 "Top 75 North American Food Retailers" based on 2006 fiscal year estimated sales of $24. 0 billion. [3]

Who they own

Europe

Formerly owned

USA

Formerly owned

Ahold also formerly owned the Edwards chain of stores, but changed most of the stores under that banner to Stop & Shop in 2000. ICA AB ( Inköpscentralernas aktiebolag) is a swedish Retailing corporate group Jerónimo Martins (JM is a Portuguese company that operates in food distribution and consumer products manufacturing DinoSol operate the following stores Netto A chain of convenience stores and small supermarkets operating in the Canary Islands The Stop & Shop Supermarket Company is a chain of Supermarkets located mostly in New England and Long Island. Giant Food LLC is a Supermarket chain with 202 locations throughout Washington D Giant Food Stores LLC is an American Supermarket chain that currently operates stores in Pennsylvania New York Maryland Virginia and West Virginia under the names Giant Food Stores LLC is an American Supermarket chain that currently operates stores in Pennsylvania New York Maryland Virginia and West Virginia under the names This is the article about the delivery service For the actual pod see Pea. BI-LO is a supermarket chain headquartered in Mauldin South Carolina. Tops is an American Supermarket chain based in Williamsville, New York, with stores in the western and central regions

Latin America

Ahold has sold all of their activities in Latin America.

Major shareholders in Ahold

Some of Ahold's major shareholders are

People

The previous CEO was Anders Moberg, while Rishton formerly served as CFO.

Finances

2004

In the turbulent first quarter of 2004 sales declined 11% to € 15,4 billion and Ahold recorded a net loss of € 405 million. A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly" Financial statements in Businesses Please update other articles as well to avoid contradiction within Wikipedia e Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. This was partly a result of the sale of subsidiaries in Brazil and Thailand at unfavorable prices, in an effort to limit the effects of the accounting scandal. |utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld The Kingdom of Thailand (ˈtaɪlænd ราชอาณาจักรไทย, râːtɕʰa-ʔaːnaːtɕɑ̀k-tʰɑj At the end of the quarter, net debts were € 7,1 billion. Debt is that which is owed usually referencing Assets owed but the term can cover other obligations

Over the full year 2004, Ahold's net sales were 52 billion €. This resulted in an operating income of 195 million € and a net loss of 436 million € by Dutch GAAP (€ 110 million by US GAAP). Generally Accepted Accounting Principles (GAAP is the standard framework of guidelines for Financial accounting. In the US, generally accepted accounting principles, commonly abbreviated as US GAAP or simply GAAP, are accounting rules used to prepare present The net debt had been reduced to € 6. 3 billion.

See also

Sources

References

  1. ^ [1], Ahold Corporate Website, Last accessed May 6, 2007.
  2. ^ [2], Stop & Shop to Close 10 Stores and Sell Them to Wakefern , Last accessed July 11, 2007.
  3. ^ 2007 Top 75 North American Food Retailers, Supermarket News, Last accessed February 24, 2007.

External links

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Dictionary

ahold

-adverb

  1. Holding.
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