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Giant Food owner Ahold says U.S. sales weak in third quarter
Royal Ahold NV, the Dutch operator of the Landover-based Giant Food supermarket chain, says third-quarter earnings fell sharply due to higher tax costs, The Washington Post reported.
In the U.S., the company's biggest market, Ahold's like-for-like sales fell 1.5 percent to $5.9 billion and margins declined, but the company said it won market share.
IN FOCUS TODAY
Wednesday, June 19, 2013 - 6:35am
Tuesday, June 18, 2013 - 5:05am
The Baltimore City Council approved Mayor Stephanie Rawlings-Blake’s $2.4 billion operating...
Monday, June 17, 2013 - 6:35am
WYPR's Fraser Smith and Scott Calvert of the Baltimore Sun talk about how the City Council is...