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Ahold Settles Securities Class Action in the United States and Litigation Abroad
AMSTERDAM, the Netherlands - Royal Ahold NV, the world's fourth-largest food retail and foodservice group in sales and the parent company of Ahold USA, said today that it has come to an agreement with the lead plaintiffs to settle a securities class action, In re Royal Ahold N.V. Securities & ERISA Litigation, which was pending before the U.S. District Court for the District of Maryland in Baltimore. -
Peapod by Stop & Shop Adds Two Facilities in New Jersey
QUINCY, Mass. and CHICAGO -- Stop & Shop and Internet grocer Peapod, LLC said yesterday that they have added two new distribution centers in New Jersey, which will kick off service to additional ZIP codes in the central part of the state Nov. 29.