Ahold USA Inc.

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ahold usa inc. and royal ahold n.v. - All News and Analysis

• The Public Employees' Retirement Association of Colorado Announces Settlement of Royal Ahold N.V. Securities Litigation.

  - 2005-11-28

  AMSTERDAM, The Netherlands, November 28 /PRNewswire/ -- - Royal Ahold N.V. to Pay US$1.1 Billion in a Settlement of All Claims Against Royal Ahold N.V. and All Defendants Other Than Deloitte & Touche Entities Royal Ahold N.V. ("Ahold") has agreed...

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• Giant Food, Owned by Royal Ahold, to Lay Off 650 Corporate Positions.

  - 2004-04-09

  By Andrea K. Walker, The Baltimore Sun Knight Ridder/Tribune Business News Apr. 9--In what some analysts describe as the beginning of the end of the control of Giant Food LLC in Maryland, the area's largest supermarket chain said yesterday that it will...

  Tags: Ahold USA Inc., Royal Ahold N.V., Sun Microsystems Inc.

• Former Executive Sues Royal Ahold.

  - 2004-03-09

  By Lorraine Mirabella, The Baltimore Sun Knight Ridder/Tribune Business News Mar. 9--The former head of Columbia, Md.-based U.S. Foodservice, the subsidiary at the center of an accounting scandal that nearly toppled Dutch food retailer Royal Ahold NV last year, is suing his...

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• Sources Say Ahold to Sell Western New York Minimart Chain.

  - 2003-08-28

  By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 28--Ahold USA has sold a Southern convenience store chain -- and some industry observers said the Wilson Farms Neighborhood Food Stores could be next. Ahold USA, the...

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• Departure of Tops Markets' CEO Aids Ahold Image, Analysts Say.

  - 2003-06-26

  By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Jun. 26--The departure of Tops Markets' former chief executive officer should help corporate parent Royal Ahold recover from its accounting scandals, industry experts said. Frank Curci, who had...

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• Amherst, N.Y.-Based Top Markets Loses Executive to Accounting Scandal.

  - 2003-06-17

  By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Jun. 17--Tops Markets' senior vice president of store operations is among the seven Tops executives being released following an accounting scandal, according to sources. And corporate parent Ahold...

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• Royal Ahold Refuses to Comment on Rumored Plans for Sale of U.S. Foodservice.

  - 2003-06-05

  By June Arney, The Baltimore Sun Knight Ridder/Tribune Business News Jun. 5--Royal Ahold NV yesterday refused to comment yesterday on a report that the troubled company is considering selling all or part of U.S. Foodservice, its Columbia food distributor at the heart...

  Tags: Ahold USA Inc., Royal Ahold N.V., U.S. Foodservice Inc.

• Supermarket Giant Ahold Likely Won't, Probably Shouldn't Sell U.S. Chains.

  - 2003-03-17

  By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Mar. 17--Royal Ahold's troubles have ignited speculation that the Dutch retailer might sell some of its assets, which are spread around the globe. But industry observers and analysts say...

  Tags: Ahold, Ahold USA Inc., Kohlberg Kravis Roberts, Royal Ahold N.V.

• Royal Ahold dismisses top brass: questionable accounting claims force board's hand

  - 2003-03-10

  ZAANDAM, NETHERLANDS -- Royal Ahold has fired its ceo and cfo after its accountants found irregularities in an audit of the company's 2002 results. The central issue regards vendor allowances at Ahold's U.S. Foodservice division. The trouble at Ahold is putting a spotlight on accounting practices and vendor allowances...

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• Amherst, N.Y.-Based Grocery Expects to Avoid Fallout from Accounting Scandal.

  - 2003-02-25

  By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Feb. 25--Tops Markets should feel no effect from the accounting scandal that has enveloped its Dutch parent company, a Tops official and an industry analyst said. Royal Ahold,...

  Tags: Ahold USA Inc., Royal Ahold N.V.