NETHERLANDS: Ahold CEO sees 50% increase in US food sales
Cees van der Hoeven, CEO of Dutch supermarket giant Ahold , has said that sales at the company's foodservice divisions should rise more than 50% within the next three years, to reach US$30bn. Ahold currently gernerates about 60% of its turnover from US sales, and several recent acquisitions in the US market have created a US grocery chain with annual sales of US$25bn. Ahold's US foodservice business meanwhile generates annual sales of US$19bn.
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