date:May 28, 2015
ld The Grocer that the chain may open up to 70 new stores in the next five years, adding that there are currently 42 'in the pipeline'. (esmmagazine.com)
Ahold Q1 earnings drop on product promotion costs
Royal Ahold NV, the owner of the Stop Shop and Albert Heijn supermarkets, said first-quarter earnings dropped due to product promotions in the U.S. as it faces increased competition from chains such as Wal-Mart Stores Inc., bloomberg.com reports. Underlying operating income fell 0.5% to 390m e