Ahold

ZAANDAM, the Netherlands — Ahold has entered into an agreement to acquire Spar's business in the Czech Republic. The acquisition includes 50 stores of which 36 are compact hypers and 14 are supermarkets.

The acquisition, which has and enterprise value of CZK 5,245 million, will be funded from existing cash resources and is subject to merger clearance.
 

QUINCY, Mass. — Peapod last week announced the opening of a new fulfillment facility in Agawam, Mass., to better serve the needs of consumers from Hampshire and Hampden counties.

CARLISLE, Pa. — Ahold USA on Monday announced that Tom Lenkevich will join the Giant/Martin's division as president, effective March 4, reporting to Bhavdeep Singh, EVP operations, Ahold USA.  

ZAANDAM, The Netherlands — Ahold announced plans to significantly expand its Peapod presence in the U.S. market when announcing fourth-quarter results on Thursday. "Peapod is expected to double its capacity in the U.S. in 2014," Dick Boer, Ahold CEO, told analysts. 

SOUTHPORT, Conn. — DiversityBusiness.com earlier this month named the “Top 50 Organizations for Multicultural Business Opportunities." More than 1.3 million diversity business owners participated in an online election to determine the “Top” 50 organizations. Wal-Mart Stores was named the leading retailer and No. 2 overall for providing business opportunities to diverse business owners throughout the United States. Food, drug and mass retailers Kroger (No. 11), Target (No. 18), Supervalu (No. 23), Walgreens (No. 26) and Ahold USA (No.

CARLISLE, Pa. — Ahold USA on Friday announced that Rick Herring, president of the Giant Carlisle Division, has made the decision to retire, effective Feb. 14.

Herring has had a successful career at Ahold companies for nearly 25 years and has made many contributions to the Ahold organization.

PHILADELPHIA — The Children’s Hospital of Philadelphia on Friday hosted an event to announce a $5 million leadership gift from Giant Food Stores to support construction of the Buerger Center for Advanced Pediatric Care, an outpatient facility scheduled to open in the University City section of Philadelphia in 2015. Giant Food Stores’ contribution punctuates nearly 20 years of philanthropic support for patient care programs at Children’s Hospital. In recognition of Giant Food Stores’ gift, the lobby of the Buerger Center will be named the Giant Lobby.

ZAANDAM, the Netherlands — Ahold's shareholders on Tuesday approved the company's proposal to return €1 billion (US$1.4 billion) to shareholders by way of a capital repayment and reverse stock split.

 Shareholders voted at an extraordinary general meeting held at Ahold's headquarters. The meeting was attended by 65 shareholders, representing approximately 657 million votes.