NETHERLANDS: Ahold's Albert Heijn regains market share in Q4
Dutch retailer Albert Heijn, a unit of retail giant Ahold, has regained market share, according to the company's investor relations officer, Henk Jan ten Brinke.
Ten Brinke said the latest research from ACNielsen showed that Albert Heijn had gained market share in the fourth quarter, following a long period of declining market share, reported Dow Jones International News.
In the first two quarters, the chain's market share declined 1.2%, while for the full year, Albert Heijn's share slid 0.9% from 27.5% in 2002.
The chain launched a price-cutting campaign in the latter part of 2003, aimed at winning back customers.
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Dutch retailer Ahold has reported sales and operating income little changed in the first quarter of 2005, but net income was sharply down because of a one time gain in the first quarter last year....
Dutch retailer Ahold has announced today (Tuesday) that its chief financial officer Hannu Ryöppönen is to leave the company....
Danish based dairy company Arla Foods is opening a new representative office in Hungary....
Dutch retailer Ahold today (Wednesday) announced that it had signed a new €2bn (US$2.5bn) credit facility with a syndicate of fifteen banks. ...
Dutch retail giant Ahold has said its net sales declined 1.0% to €13.0bn (US$16.5bn) for the first quarter of 2005....
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