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 Food. 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. Click here to access the Adbrands profile (subscribers only); or subscribe to Adbrands.net here. Adbrands Company Profiles provide a detailed analysis of the history and current operations of leading advertisers, agencies and brands worldwide, and include a critical summary which identifies key strengths and weaknesses. Adbrands Account Assignments tracks account management for the world's leading brands and companies, including details of which advertising agency handles which accounts in which countries for major markets.

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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
Albert/Hypernova	Schuitema

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