Royal Ahold (Netherlands)

Ahold is one of the world's biggest food retail groups. Its Albert Heijn subsidiary is the #1 supermarket operator in the Netherlands, and the group also owns the US supermarket chains Stop & Shop and Giant Foods. These are the main remaining operations of what was once a substantially larger group. In 2003 Ahold was almost destroyed by a financial scandal which began with the discovery of a $880m fraud at its mammoth US foodservice division, and led to the discovery of accounting errors at several other subsidiaries as well. Only a complete overhaul of management procedures, and the sell-off of non-core or unprofitable businesses saved the group from total collapse. The group finally regained stability in 2007 having divested more than half of the subsidiaries it once owned.

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The Adbrands Company Profile of Ahold summarises the company's history and current operations. Subscribers may access the following website links:

Ahold website

Stop & Shop	ICA
Giant Foods	Peapod
Etos	Gall & Gall
Albert Heijn	Jeronimo Martins

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