NETHERLANDS: Gerard van Breen to lead both Global and European Sourcing at Ahold
Van Breen will continue to head up Ahold's global sourcing activities. These include the company's involvement with the WorldWide Retail Exchange (WWRE), the B2B internet marketplace of which Ahold is a founding member and that currently comprises close to 40 retailers and thousands of suppliers.
In his European role, Van Breen becomes a member of Ahold's European Competence Center, that promotes cooperation among Ahold operating units in Europe and ensures synergies are generated. Sourcing plays a key role in this process. Van Breen continues as President of AMS, the marketing alliance of 11 leading European food retailers, including Ahold.
Together with sourcing and marketing executives from the company's European operations, Van Breen will continue to focus on boosting benefits from Ahold's increasing economies of scale. Internal synergy and the sharing of know-how and experience, regionally and worldwide, already contribute significantly to Ahold's performance.
Ahold now has annualized European sales of over Euro 20 billion and exceeds the Euro 50 billion mark worldwide. The company has over 7,000 supermarkets, hypermarkets and other store formats in 23 countries and serves 30 million customers every week.
Dutch retailer Ahold has announced the completion of the sale of its chain of 198 Wilson Farms and Sugarcreek convenience stores, part of its US subsidiary Tops Markets....
Dutch retailer Ahold has announced that Kerry Underhill has been appointed senior vice president corporate communications, effective 1 July 2005....
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....
Supermarket company Giant Food, a subsidiary of Dutch retailer Royal Ahold's US arm Ahold USA, has announced restructuring plans for the remainder of 2005 and 2006....
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