Royal Ahold (NYSE: AHO – news), the international food provider, today announced its expansion into Slovakia.
Ahold plans to bring to Slovakia the same popular food stores it also operates in various other Central European countries, including Poland and the Czech Republic. In the Czech Republic, Ahold has become the market leader and is recognized by the consumer for its excellent service, variety, product quality and friendly atmosphere. Its hypermarkets, megamarkets and supermarkets, specifically designed for European consumers, offer a broad range of locally-produced traditional food items and general merchandise. The Ahold store formats are expected to do extremely well with the Slovak consumer and can build on the infrastructure and experience Ahold has gained in neighboring Czech Republic.
Go deeper with GlobalData
Over five million people live in Slovakia and statistics show that less than 10% of food is purchased through the supermarket channel. This alone offers considerable growth potential for Ahold and these opportunities will be captured as of this Fall initially in the Slovak capital of Bratislava.
Background
Royal Ahold is a rapidly growing international food provider with leading supermarket operations in the United States, Europe, Latin America and Asia. The company operates more than 7,000 supermarkets, hypermarkets and specialty stores with annualized sales approaching USD 50 billion. The company services more than 30 million customers weekly. In the United States Ahold is the leading supermarket operator along the eastern seaboard with more than 1,000 stores (including Stop & Shop, Giant, Tops, and BI-LO), a nationwide food service operation (U.S. Foodservice) and prominent e-commerce activities. Annualized US sales approach USD 30 billion.
In addition to its listing on the New York Stock Exchange (NYSE: AHO – news), Ahold’s shares are trading on the Amsterdam Exchanges and on the Swiss Exchange. Additional information is available on Ahold’s website: http://www.ahold.com.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataRoyal Ahold press releases may contain `forward-looking’ statements. Actual results may differ from such statements as they may have been influenced by factors beyond the company’s ability to control.
