| Business Summary | | Royal
Ahold
is
a
food
provider
through
a
variety
of
store
formats..
During
1999,
the
Company
provided
food
primarily
through
retail
outlets
complemented
by
its
wholesale
and
food
supply
activities.
The
Company
is
also
one
of
the
largest
and
among
the
most
internationally
diverse
food
providing
groups
worldwide.
As
of
December
2000,
the
Company
operated
approximately
8,000
supermarkets,
hypermarkets
and
other
store
formats
in
the
United
States,
Europe,
Latin
America
and
Asia.
The
store
format
the
Company
primarily
uses
is
the
supermarket.
The
Company
also
operates
through
hypermarkets,
discount
stores,
specialty
stores,
cash-and-carry
stores
and
convenience
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ahold
is
principally
engaged
in
the
operation
of
food
retail
supermarkets.
As
of
12/00,
the
Company
operated
or
serviced
8,600
stores
in
The
Netherlands,
U.S.,
Southern
and
Central
Europe,
Latin
America
and
Southeast
Asia.
For
the
28
weeks
ended
7/15/01,
total
sales
rose
46%
to
EUR34.27
billion.
Net
income
applicable
to
Comm.
rose
29%
to
EUR619.2
million.
Results
reflect
increased
sales
to
U.S.
and
Europe,
partially
offset
by
a
EUR75.9
million
goodwill
amortization
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | H. De Ruiter, 66 | Chairman | C. Van der Hoeven, 52 | Pres,
CEO | R. Nelissen, 68 | Vice
Chairman | A. Meurs, 49 | Exec.
VP, Finanace, Admin., Internal Audit and Bus. Devel. | J. Andreae, 53 | Exec.
VP, European Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|