Ahold announces strategy for profitable growth
We will operate as market leaders in local food retail markets in the United States and Europe where we can secure a number one or number two position with clear prospects for profitable and sustainable growth.
Our portfolio of retail businesses is fundamentally strong. We have a number one or number two position in the Netherlands and the Czech Republic, as well as in the ICA, Giant-Carlisle, Stop & Shop and Giant-Landover market areas. All of these businesses have significant potential for profitable growth.
We have decided to divest retail businesses that would require a significant level of investment and management attention.
We will now focus on accelerating improvements across our remaining businesses. Read more about our strategy for profitable growth