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Ahold under pressure

NETHERLANDS: Ahold profits up in Q2

NETHERLANDS: Ahold profits up in Q2

Dutch retail combine Royal Ahold posted second-quarter operating profits of EUR376m (US$480m), up 55% from EUR242m last year and ahead of analysts’ forecasts.

UK: Ahold outlines future strategy

Bert Swartsenburg, Ahold’s MD of European Buying, has outlined the Dutch retailer's strategy for future growth, which relies heavily on fostering closer ties with suppliers to drive innovation. Swartsenberg, speaking of…