Ahold wants American A&P stores

Ahold wants American A&P stores

Dutch Ahold has plans to acquire the majority of American supermarket chain A&P's 110 stores. The latter chain, on the brink of bankruptcy, is mostly active in the New York region.

Used to be the biggest in the US

According to the American paper New York Post, A&P will soon ask for a deferment of payment (better known as Chapter 11). That would mean that one of the oldest American supermarket companies, founded over 150 years ago, would disappear. Only 50 years ago, the chain was the country's largest supermarket chain.

 

Halfway the 20th century, A&P had grown to such a size, it was feared the group would become the sole player in the market. President Franklin D. Roosevelt even forced the company to split up to avoid it from having a monopoly. Over these past few years, it had to compete with Walmart and even bought the Pathmark chain, which is now proving to be the final nail in its coffin.

 

Sources have now indicated that Ahold has targeted most of the A&P stores. The Dutch company is already markedly present in the New York area, but would like to expand even more with this acquisition. An important competitor, Kroger, is also allegedly looking at A&P for possible expansion.

 

Thanks to its merger with Belgian Delhaize, Ahold will soon have some 6,500 stores in the United States.

Questions or comments? Please feel free to contact the editors


Shoptalk Europe: prices go up at midnight

21/09/2017

(advertorial) Shoptalk Europe, the event for retail and ecommerce innovation held 8-11 October 2017 in Copenhagen, covers trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

EuroCommerce: protectionism, Europe’s greatest challenge

15/09/2017

(Content provided by EuroCommerce) According to EuroCommerce Director-General Christian Verschueren, the sector faces many challenges due to a rising tide of protectionism worldwide and within Europe.

Last ten days for cheaper tickets Shoptalk Europe

14/09/2017

(advertorial) Shoptalk Europe (8-11 October in Copenhagen) is the new event for retail and ecommerce innovation. It covers transformational trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

"EU has to define eCommerce's boundaries better"

13/09/2017

Dutch European Parliament member Marietje Schaak feels the European Commission should create a better framework for digital trade in and with European member states. Otherwise, major internet companies will decide the standards themselves, she fears.

Europe wants legal framework for franchisees

13/09/2017

The European Parliament has accepted the “The functioning of franchising in the retail sector” study, which lists several solutions to strengthen a franchisee’s position.

Google appeals European fine after all

12/09/2017

Despite earlier indications that Google would just alter its Google Shopping approach to comply with European legislation, it has now decided to appeal the monster fine.

Back to top