Retailer News

Hurricane Sandy Drives Ahold's Fourth Quarter U.S. Sales Up

Ahold announced Thursday consolidated net sales of 7.8 billion euros for the fourth quarter of 2012, an increase of 7.5 percent compared with the fourth quarter of 2011. At constant exchange rates, net sales were up 5.1 percent.

For the full year 2012, consolidated net sales were 32.8 billion euros, an increase of 8.5 percent compared with 2011. At constant exchange rates net sales were up 3.5 percent.

In the United States sales were up 4.3 percent.

"Our strong performance was partly driven by the exceptional efforts of our teams during Hurricane Sandy, which enabled our stores to remain open and to serve our customers during these difficult times," Ahold said in an earnings release. "The positive sales impact of Sandy was partly offset by a negative calendar impact due to the timing of year end."

Ahold continued to gain market share in all of its divisions. The 15 Genuardi’s stores Ahold acquired in 2012 performed in line with expectations. Ahold announced they have opened another four pick-up points, bringing the total to eight in the United States.

Did you enjoy this article? Click here to subscribe to Private Label Buyer.

Recent Articles by Jamie Grill-Goodman

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2013 New Food Products

This month’s new food products include mini cheesecakes and pastries, microwavable rice, couscous, pickled garlic, barbecue sauces and rubs, salsa, jerky, and English toffee.

Podcasts

Coming with a clear, comprehensive plan was the key to success for Longo Brothers Fruit Markets when the grocer decided to roll out a two-tier private label strategy, Jenny Longo and Robert Koss tell PLBuyer editor Chris Freeman in this podcast.

More Podcasts

THE MAGAZINE

Private Label Buyer Magazine

PLB June 2013 cover

June 2013

 The June 2013 Issue of Private Label Buyer includes a cover story on the PLBuyer PLB 360 conference, as well as Category Insights on frozen food and meats and general merchandise. Check it out today!

Table Of Contents Subscribe

PLMA Trade Show

How often have you attended a PLMA Trade Show, in the U.S., Europe or Asia, as an attendee or an exhibitor?
View Results Poll Archive

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

plbuyer superstore logo

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40px