AMSTERDAM – Food retailer Ahold on Thursday named a new chief for its market-leading Albert Heijn supermarket chain in the Netherlands, where its sales and margins have been under pressure.
The management shake-up follows changes at the top of other big European food retail groups, which are struggling to adapt to the rise of discounters, online and convenience shopping.
Earlier this week, British supermarket chain Wm Morrison axed its chief executive and Tesco last week appointed a new UK boss.
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