Retail giant Ahold has bought a local Rhode Island supermarket, Eastside Marketplace. It is geared toward the higher echelons of the market and specializes in biological and fresh products. It will keep its own name despite the purchase.
Owner becomes consultant
Several media outlets reported on the purchase on Wednesday and Ahold USA subsequently confirmed it had bought Eastside Marketplace, located in Providence - Rhode Island, for an undisclosed fee. The owner, Scott Laurans, will become a consultant at Ahold.
An Ahold spokesperson said that the purchase fits the company's activities perfectly and it is not a particularly noteworthy event. He noted that Ahold has some 3,000 similar supermarket all across the United States and Europe, even some as franchise stores.
Ahold uses several different concepts to approach the customer, like Stop & Shop, Giant Food, Martin's Food Markets and Peapod with over 100,000 employees.