All Netherlands articles – Page 6
-
News
Albert Heijn launches mobile payment pilot
Albert Heijn has launched a mobile payment pilot in co-operation with Rabobank at its AH To Go outlet in the World Trade Centre, Amsterdam.Payments are triggered by scanning a barcode from a decal attached to the shopper’s phone. The system is based on Rabobank’s mobile wallet MiniTix. Customers who want ...
-
News
Ahold operating income drops
Ahold saw operating income drop 4.9% to E719m (£634.5m) in the first half of 2011. Net sales reached E16.1bn (£14.2bn), up 1.7% in comparison with the same period in 2010. In the second quarter, net sales dropped 3.5% to E6.9bn (£6.1bn). Ahold’s US operations saw net sales increase by 6.5% ...
-
News
Ahold appoints former Tesco and Carrefour exec
Grocer Ahold has appointed former Tesco and Carrefour executive James McCann to a newly created role on its corporate executive board as chief commercial and development officer, effective September 1. This position will help drive the retailer’s growth strategy. McCann will focus on developing “innovative ways to serve customer needs, ...
-
News
Impact Retail files for bankruptcy
Consumer electronics specialist Impact Retail has filed for bankruptcy. A note on its website states that an administrator will be appointed by a court, with the aim of examining possibilities for the future of the retailer.All 118 of the retailer’s stores have been “provisionally closed” while ecommerce activities have been ...
-
News
Ahold net sales up 4.4% to £25.2bn
During 2010, retail group Ahold’s consolidated net sales reached €29.5bn (£25.2bn), up 4.4% after adjustments or 5.7% on a non-adjusted basis. During the fourth quarter, consolidated net sales, which do not include the joint ventures ICA Group in Scandinavia and JMR, were €6.9bn (£5.9bn). This is an increase of 5.5% ...
-
News
Silgro sales reach £1.9bn
Sales in 2010 at supermarket and food service business Sligro reached €2.3bn (£1.9bn), an increase of 1.2% on 2009.Total turnover comprised €1.55bn (£1.3bn) from the food service division and €738m (£613m) from food retail. €25m (£20.7m) of sales resulted from the acquisition of Sanders Supermarkten in the fourth quarter.
-
News
Jumbo ramps up rebannering Super de Boer stores to Jumbo
Dutch supermarket group Jumbo plans to accelerate the conversion of former Super de Boer stores to Jumbo, rebannering 90 stores during 2011. In 2010, the retailer’s group turnover reached E3.51bn (£3.03bn), mainly thanks to acquisition of large parts of Super de Boer from French Casino.
-
News
Ahold appoints Europe COO Dick Boer as CEO
Ahold has appointed Dick Boer as chief executive of the company, with effect from March 2011. He will succeed John Rishton, who is leaving to become chief executive of Rolls-Royce.Boer, who has been with the company since 1998, is chief operating officer of Ahold’s European division and member of the ...
-
News
Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
-
News
Sligro set to take over Sanders
Grocery wholesaler and retailer Sligro is about to take over regional supermarket operator Sanders. Sligro said it expects that an agreement will be reached on the acquisition of Sanvier, the operator of 22 Sanders supermarkets in the Twente region and a meat processing business. Both Sanders and Sligro are members ...
-
News
Celesio and Phoenix merging
Pharmaceuticals retailers Celesio and Phoenix said they are merging their activities, making the new joint venture company number two in terms of sales in the Dutch pharmacy market.The new company will have 115 own pharmacies and about 40 franchised shops. It will have 1,600 employees after the merger and generate ...
-
News
Ahold Q1 profits up 45.7%
Dutch retailer Ahold posted a 45.7% rise in first-quarter net profit to reach €274m (£226.6m), mainly due to changes in its estimates for provisions for its former subsidiaries.It posted a 1% sales increase in its first quarter to reach E8.7bn (£7.2bn), a 3.4% increase at constant exchange rates. Operating income ...
-
News
Spar posts 5.5% global sales increase
Spar International posted a 5.5% global sales increase for 2009 to reach €28.5bn (£24.18bn).Spar Austria Group achieved sales up 3.2% to €11.3bn (£9.59bn), including shopping centres, while the UK notched up €3bn (£2.55bn), up 2% on 2008. Its South African operations posted strong year-on-year growth, with retail sales increasing 14% ...
-
News
C&A turnover flat at £5.56bn
Fashion retailer C&A generated turnover of e6.3bn (£5.5bn) in the year ended February 2010, up by just 0.03% on the previous year.Sales growth was seen in Belgium and Luxembourg (3.2%), in Austria (1.1%), in Germany (0.2%) and in its online business. But turnover dropped in Spain and Portugal (-2.6%), Eastern ...
-
News
Komplett sells Dutch, Belgian and Irish operations
Norway’s online and mail order electronics retailer Komplett has completed the sale of its operations in the Netherlands, Belgium and Ireland to Dutch sector player ParaDigit Holding BV.The takeover also includes a licence agreement that allows ParaDigit to use the Komplett name for its online operations. The Norwegian retailer has ...
-
News
Maxeda reviews fashion business
Dutch retail group Maxeda is conducting a strategic review of its fashion division that may result in a sale of the business.Maxeda, which comprises department stores Bijenkorf and Vroom & Dreesmann as well as fashion specialists Hunkemöller and M&S Mode, expects the review by JP Morgan and ING to be ...
-
AnalysisPre-recession plans give Ahold strong US footing
A decade ago, Dutch retailer Ahold was present in 25 markets around the world.
-
News
Jumbo sales to grow
Dutch supermarket and superstore operator Jumbo is expecting total sales to grow 20% to 25% in 2010, including sales from the converted stores it acquired from Casino’s Super de Boer chain late last year.During the year, Jumbo plans to convert a further 40 Super de Boer stores to the Jumbo ...