Corporate Governance at Ahold
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Case Code: CGOV005 Case Length: 14 Pages Period: 2000 - 2005 Pub Date: 2006 Teaching Note: Not Available |
Price: Rs.400 Organization: Ahold NV Industry: Retail Countries: Holland, USA Themes: - |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
The origins of Ahold can be traced back to 1887, when 22 year-old Albert Heijn (Heijn) took over his father's small grocery store in Zaandam, Holland. Due to Heijn's untiring efforts, the store, which was named after him, became popular for its high quality, reasonably priced products and services. Soon Heijn opened a second store in Alkmaar, also in Holland. By 1897, Heijn increased the store count to 23. These were located in different parts of Holland including The Hague and Amsterdam. In 1911, the first Albert Heijn branded products was introduced (cookies baked by Heijn himself). In 1948, Albert Heijn was listed on the Amsterdam stock exchange. Albert Heijn opened its first self-service supermarket chain in 1955. In 1973, to take the growth story forward, the Heijn family established Ahold as a parent company with Albert Heijn as the main subsidiary. In the same year, Ahold entered into specialty retailing with Alberto (a liquor chain) and Etos (a health and beauty care chain)...
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