September 28, 2016 1:15 PM ET

Food and Staples Retailing

Company Overview of Ahold USA, Inc.

Company Overview

Ahold USA, Inc. operates supermarkets, superstores, and online grocery stores. The company's superstores include gas stations, pharmacies/drugstore chains, wine and liquor stores, hypermarkets, and convenience stores. The company’s stores offer food, jewelry, hardware products, appliances, and bakery items; shopping solutions for families; various organic selections; health and beauty selections, body care products, and baby care products; food and non-food products; and meals and daily household products. Ahold USA, Inc. is organized into four regional divisions – Giant Carlisle, Giant Landover, Stop & Shop New England, and Stop & Shop New York Metro. The company operates 770 supermarkets a...

1385 Hancock Street

Quincy, MA 02169

United States

Founded in 1977

Phone:

717-249-4000

Fax:

717-240-1546

Key Executives for Ahold USA, Inc.

Chief Operating Officer, Chief Commercial & Development Officer and Member of Executive Board
Age: 47
Executive Vice President of Operations and President of Stop & Shop New England Division
President of New York Metro Division of Stop & Shop
President of The Giant Landover Division
President of Giant-Carlisle Division
Compensation as of Fiscal Year 2016.

Ahold USA, Inc. Key Developments

Ahold USA Reports unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Reports Impairments for the Second Quarter Ended June 30, 2016

Ahold USA reported unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, net sales were €5,526 million against €5,398 million a year ago. Underlying operating income was €215 million against €212 million a year ago. Operating income was €231 million against €217 million a year ago. EBITDA was €365 million against €348 million a year ago. For six months, net sales were €12,834 million against €12,424 million a year ago. Underlying operating income was €506 million against €469 million a year ago. Operating income was €527 million against €484 million a year ago. EBITDA was €848 million against €791 million a year ago. For the quarter, the company reported impairments of €3 million against €18 million a year ago.

Ahold USA, Inc. Appoints Iacobucci as EVP of Merchandising, Effective April 11, 2016

Ahold USA announced Andrew Iacobucci has been appointed EVP of merchandising, effective April 11. Iacobucci will focus on leading a merchandising team that supports Ahold USA and its four retail divisions, Stop & Shop New England, Stop & Shop New York Metro, Giant Landover and Giant Carlisle. Iacobucci fulfills a role served on an interim basis for the last year by James McCann, Ahold USA's COO. McCann stepped in when former merchandising VP Mark McGowan was appointed president of Ahold's Stop & Shop New England division.

Stop & Shop's Stores May Sold As Part Of Merger

The Stop & Shop Supermarket Company LLC's stores in Wappingers Falls, Rhinebeck and New Paltz are rumored to be affected as part of the merger of its parent company. There are reports that three mid-Hudson Valley Stop & Shop locations could be up for sale. Chris Brand, external communications and public affairs lead for Ahold USA, Inc. said: "The merger is currently under review by the Federal Trade Commission and remains on track for completion in mid-2016. As part of any merger approval process where there may be store divestitures, store visits may be conducted by potential buyers but it's too early to speculate on the outcome of the FTC review process. We do not anticipate any store closures as part of the FTC review process."

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