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Ahold records 7.5% rise in Q4 sales
Amsterdam -- Ahold reported Friday that sales for the fourth quarter rose 7.5% to $10.4 billion, boosted largely by its ability to keep U.S. stores open during Hurricane Sandy, said the company. Same-store sales advanced 2.8%.
Its U.S. business includes the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket banners and the Peapod online grocery service. Ahold posted fourth quarter sales of $6.1 billion in the U.S., marking a 4.3% rise over the year-ago period.
For the full fiscal year, sales increased 8.5% to $43.6 billion. -
Giant Food Stores to open in-store cheese and specialty food shop
Carlisle, Pa. — Ahold banner Giant Food Stores is opening a cheese and specialty food store in central Pennsylvania, the supermarket chain said.
Giant — also known as Giant-Carlisle to distinguish it from fellow Ahold chain Giant Foods of Landover, Md. — said it had a deal with Philadelphia-based Di Bruno Bros. to open the store inside the Giant Super Food Store in Camp Hill, Pa. The new store-within-a-store will open on Jan. 24.