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Expert View
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While the EU's decision to halt the process of pharmacy liberalization is clearly based on the merit of one specific case (namely Doc Morris, the leading European online pharmacy), it could herald a sea change in terms of EU decision making. The move away from excessive deregulation towards a slower and more considered approach will bring both costs and benefits for EU consumers and patients.
Published By Datamonitor
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19 Dec 2008 |
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Expert View
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Anders Moberg, the architect of Ahold's 'Road to Recovery' program, is leaving the retailer. While the board sees the change in management as coinciding with its next phase of development, the timing of the departure seems odd as the divestment of US Foodservice has not yet been completed. By the end of the year the retailer is set to be a food only operation, but its wider future looks uncertain.
Published By Datamonitor
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30 Apr 2007 |
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Expert View
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Ahold's 2006 results reveal a weak US performance and a large task ahead. Ahold's sales reached E44.9 billion, up 2% on 2005. While the Dutch retailer delivered strong growth in its domestic market, the US business, accounting for 70% of turnover, is struggling. Going forward, Ahold needs to reduce debt, return its US and Czech operations to profitability and divest its US foodservice operation.
Published By Datamonitor
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23 Mar 2007 |
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CommentWire
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Ahold's strong Q4 trading in the Netherlands could not offset the losses incurred in the US, where long running underperformance continued, even though US like-for-like sales declines were clearly exacerbated by a weak dollar. This could prompt activist shareholders Centaurus and Paulson & Co to step up their pressure on the retailer to break up its operations.
Published By Datamonitor
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02 Feb 2007 |
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