RSS   Newsletter   Contact   Advertise with us
Post Online Media
Post Online Media Magazine

U.S. strike cost $200 million in lost sales, says Ahold CEO

Share on Twitter Share on LinkedIn
Christian Fernsby |
Frans Muller
America   Ahold CEO Frans Muller

An 11-day strike at Ahold’s U.S. Stop and Stop supermarket chain cost the company “just over” $200 million in lost sales, the company’s CEO said.

On a call with analysts, Frans Muller also said that the strike, which Ahold earlier on Tuesday warned would hurt the company’s 2019 margins, would not impact its cost savings targets for the year.

What to read next
POST Online Media Contact