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NETHERLANDS: Disposal boosts Ahold H1 earnings

22 Aug 2013

Ahold saw its earnings soar in the first half of the year as the Dutch retailer benefited from the disposal of its stake in ICA earlier this year.

UK/AUS: Meat firm Hilton, retail giant Woolworths expand JV

20 Aug 2013

The Australian venture between listed UK meat supplier Hilton Food Group and Woolworths, the country's largest retailer, is to expand, with the construction of a new plant.

US: Ahold's Stop & Shop to exit New Hampshire

7 Aug 2013

Ahold is to close all of its Stop & Shop stores in New Hampshire after they failed to meet the retailer's expectations.

US: A&P hires Credit Suisse to seek funding

30 Jul 2013

US retailer The Great Atlantic and Pacific Tea Co., which emerged from bankruptcy last year, has hired Credit Suisse to assist the company in finding additional funding.

NETHERLANDS: Ahold launches Albert Heijn airport pick up

16 Jul 2013

Netherlands-based retailer Ahold has revealed plans to open an Albert Heijn pick up point at the Schiphol Airport in Amsterdam.

In the spotlight: Kroger to benefit from surprise Harris Teeter deal

12 Jul 2013

US retail giant Kroger this week struck a deal to buy regional supermarket chain Harris Teeter in a deal worth US$2.44bn. Analysts believe the deal makes perfect sense, offering synergies and opportunities for Kroger to strengthen its position in the US retail scene. One analyst, however, believes Kroger may face competing bids before a deal is secured. Michelle Russell takes a look.

US: Kroger strikes deal to acquire Harris Teeter

9 Jul 2013

US retail giant Kroger has struck a deal to buy regional supermarket chain Harris Teeter in a for US$2.44bn.

US: Fitch cool on potential of US online grocery

3 Jul 2013

Heavy up-front investment and consumer resistance to delivery fees are likely to constrain US online grocery growth in the coming years, according to global agency Fitch Ratings.

US: Cerberus, Harris Teeter silent on bid report

27 Jun 2013

Cerberus Capital Management and Harris Teeter have refused to be drawn on a report the private-equity firm has bid for the US retailer.

Talking shop: Amazon's fresh step in fledgling US online grocery

13 Jun 2013

Amazon has made another stride in taking on US food retailers with the roll out of its fresh grocery business into the second most populous city in the US, Los Angeles. The move is sure to make other players in the market sit up and take notice but will it be enough to really shake up the US online grocery channel and give it the much needed boost it requires? Michelle Russell takes a look.

Comment: Amazon looks to take bigger bite of online grocery

6 Jun 2013

Online retail giant Amazon is said to be preparing to take on the well-established US food market with a major roll-out of its fresh grocery business, a move that could make other players sit up and take notice.

NETHERLANDS: Sales up, profits mixed at Ahold

4 Jun 2013

First-quarter sales were up at Dutch retailer Ahold but the profit picture was mixed, with the disposal of its ICA business boosting the bottom line but operating earnings flat.

The week ahead - Ahold, Tesco & Smucker results; free-from & export events

3 Jun 2013

Retail majors Ahold and Tesco are preparing to announce first-quarter results, while bakery group Aryzta and US spreads firm JM Smucker look set to detail continued progress in growing profits over the past year. Meanwhile, we can expect free-from to take centre stage in two European trade shows and UK exporters will be discussing opportunities in CEE countries.

US: PE firm Cerberus "eyes more retail deals"

24 May 2013

Private-equity firm Cerberus Capital Management, which earlier this year bought five food retail chains from Supervalu Inc, is said to be looking at more targets - including regional grocer Harris Teeter.

US: Harris Teeter in ongoing sale talks

10 May 2013

Regional US retailer Harris Teeter has said talks with a number of companies about an acquisition of the group are "ongoing".

What the analysts say - Delhaize CEO departure, Q1 results

8 May 2013

In two separate announcements this morning (8 May), Belgian retailer Delhaize Group revealed its CEO Pierre-Olivier Beckers is to retire at the end of the year and that it had returned to profit in the first quarter. Analysts gave a mixed view of the announcements.

SWEDEN: Retailer ICA records "positive" Q1

29 Apr 2013

Swedish retailer ICA said it started the year on a "positive note", despite booking a drop in first-quarter profit hit by one-off costs.

Comment: Sovereign, pension funds to vie for M&A with trade, PE

19 Apr 2013

Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.

NETHERLANDS: Ahold's Albert Heijn relaunches entry-level own label

12 Apr 2013

Albert Heijn, the largest grocer in the Netherlands, has relaunched its entry-level private-label range to the "cheap and cheerful" AH Basic.

QATAR/INDIA: Qatari vehicle Hassad Food buys majority of India's Bush Foods

4 Apr 2013

Qatari investment vehicle Hassad Foods has bought a majority stake in Indian food supplier Bush Foods Overseas.

CZECH: Ahold to appoint Tesco's Lauridsen Czech CEO

8 Mar 2013

Dutch retail giant Ahold is to appoint Tesco executive Jesper Lauridsen to head up its operations in the Czech Republic.

What the analysts say - Concern over US clouds Delhaize results

7 Mar 2013

Belgium-based retailer Delhaize Group this morning (7 March) reported a drop in profits in 2012 as costs from store closures and impairment charges hit its bottom line. The retailer also cut its full-year gross dividend. Analysts gave a relatively upbeat view of the results but pointed to concerns over the group's US operations.

NETHERLANDS: Ahold chairman Dahan to step down

6 Mar 2013

Dutch retail giant Ahold has said the chairman of its supervisory board, Rene Dahan, is to step down.

US: Publix "interested" in regional retailer Harris Teeter

4 Mar 2013

US supermarket group Publix is reported to be interested in purchasing regional US retailer Harris Teeter.

On the money: Ahold looks to M&A for shareholder returns

1 Mar 2013

Dutch retail giant Ahold said the firm has the strength in its balance sheet to consider acquisition opportunities as one way of driving shareholder returns in 2013.

What the analysts say - Ahold's 2012 results

1 Mar 2013

Analysts in the main welcomed Ahold's performance in the last quarter of 2012 and the year as a whole. However, there was some concern about trends around margins.

NETHERLANDS: Ahold reports mixed 2012, to buy back shares

28 Feb 2013

Ahold today (28 February) booked mixed profit figures for 2012, with pension charges and IT costs hitting reported earnings but underlying results improved on 2011.

US: Muller, PepsiCo expand yoghurt distribution

27 Feb 2013

Muller Quaker Dairy, the joint venture between Germany's Unternehmensgruppe Theo Müller and PepsiCo, is expanding the distribution of its Muller yoghurt in the US.

US/FRANCE: Ahold "interested" in regional retailer Harris Teeter

22 Feb 2013

Dutch retailer Ahold is reported to be interested in purchasing regional US retailer Harris Teeter.

Quote, unquote: just-food's week in words

18 Feb 2013

The food industry was rocked this week with what is set to be the largest-ever takeover in the food sector: Heinz sold to Warren Buffett's Berkshire Hathaway fund and 3G Capital for US$28bn. The horsemeat saga trundled on, with arrests in the UK, as well as the first set of industry-wide tests. Results also poured in from the likes of PepsiCo, Mondelez International and Nestle.





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