Ahold has announced that consolidated net sales for the second quarter (Q2) of 2009 jumped to €6.4bn (US$9.1bn), up 11.5 per cent or 3.9 per cent at constant exchange rates.
The group said in a statement that there had been an increased focus on pricing and promotion through the period ended 12 July 2009, with inflation slowing and customer and competitor behaviour changing.
Net sales at the company's Albert Heijn operation in the Netherlands increased 7.8 per cent to €2.2bn (US$3.1bn), with supermarket sales up 7.9 per cent following the conversion of former Schuitema stores in the second half of 2008 and early 2009.
In the US, sales at Stop & Shop/Giant-Landover rose 2.8 per cent to US$4.1bn (€2.9bn), with identical sales up 1.7 per cent at Stop & Shop and 3.7 per cent at Giant-Landover.
However, net sales fell 0.4 per cent to US$1.1bn (€772m) at Giant-Carlisle, impacted heavily by lower petrol prices, and decreased 6.8 per cent to €383m (US$545m) at the group's Albert/Hypernova operation in the Czech Republic and Slovakia following store closures as part of wider restructuring.
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