NETHERLANDS: Ahold to boost organic growth by opening 1,250 new and remodeled stores in 2001 -- Annual Report 2000 published today
Royal Ahold (NYSE: AHO), the international food retail and foodservice company, today announced it will significantly boost organic growth in 2001 by opening approximately 1,250 new or remodeled stores around its global network. The total store count at 2001 year-end is expected to reach approximately 9,000. Total sales, excluding currency impact and any eventual acquisitions, are expected to amount to approximately Euro 65 billion in 2001. This was evident from the Royal Ahold Annual Report over the year 2000, which was published today, and will be discussed at the Annual General Meeting of Stockholders in The Hague on May 15, 2001.
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