Ahold Profit Misses Estimates as US Market Share Drops
date:Aug 22, 2014
ed.

Aholds market share in the US, the source of more than half its sales, saw a limited drop, chief executive officer Dick Boer said on a call with journalists. The Giant Landover chain, which operates in Virginia, Maryland, Delaware and the District of Columbia, was affected by competitors openings, while the market in New England was stagnant, he said.

What you see is that specific competitors are regrouping, said Robert Jan Vos, an analyst at ABN Amro, citing Shaws, which was among chains
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