Ahold Sells BI-LO and Bruno's Chains
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Global food retailer Royal Ahold NV said Thursday it will sell two of its U.S. grocery chains, BI-LO and Bruno's, to Dallas-based Lone Star Funds for &#36;560 million in cash.
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Food purveyor Hormel Foods (NYSE: HRL) -- owner of the SPAM canned meat bonanza -- had good news this morning, or so you would think. Sales were up 15%, unit volume was up 6%, and earnings, excluding a positive impact from the ...
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Royal Ahold, the Dutch owner of grocery chains including Stop & Shop in the United States, said first-quarter earnings and sales were down slightly as a result of worse margins and a weaker dollar. Net profit was 237 million euros ($320 million), down from 239 million euros a year earlier. Sales slipped to 13.2 billion euros ($17.8 billion), from 13.3 billion euros.
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Too busy to sell your junk online? A growing crop of companies will do it for you -- for a healthy cut
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Ahold has agreed to sell its Bruno's  and BI-LO shop units in the United States to Lone Star Funds  for $660 million, the Dutch retailer said on Thursday.
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Dutch retailer  Ahold sells its network of about 600 Spanish retail stores to private equity group Permira.
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AMSTERDAM Shares in Ahold, the Dutch retailer, gained more than 3 percent on Monday after it agreed to sell its Spanish assets to Permira Advisers, a venture capital group based in London, for E685 million.
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The sales numbers are encouraging as this outdoors retailer expands.
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Supermarkets and food service group Ahold reported a third-quarter operating loss on Wednesday after making various exceptional charges on the value of some assets as it continues to battle price wars.
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On Tuesday, the Atlanta-based home improvement chain said the more than 1,800 products to be sold online include trash compactors, cooktops, dishwashers, washers, dryers, refrigerators, freezers, ranges and wall ovens.
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Deb Shops has cash in the bank and more on the way.
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Ahold has agreed to sell its Bruno&#39;s and BI-LO shop units in the United States to Lone Star Funds for $660 million, the Dutch retailer said on Thursday.
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Dutch retailer Ahold said on Thursday it had agreed to sell its Bruno's and BI-LO retail chains in the United States to Lone Star Funds for &#36;660 million, which is slightly below market expectations.
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The operator of some of Americaâs best-known shopping centres - New Yorkâs South Street Seaport, Chicagoâs Water Tower Place and Bostonâs Faneuil Hall Marketplace â-greed to be sold yesterday in a $12.
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Argos and Homebase owner Home Retail Group says sales are rising at both store chains.
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Net income for the worldâs No. 2 hamburger chain rose to $49 million as the stalwart Whopper, the new Homestyle Melt and promotions lifted global sales at stores open at least a year.
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This category-killing concept is selling for half price!