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Ahold Czech Republic

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Title: Ahold Czech Republic  
Author: World Heritage Encyclopedia
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Subject: List of supermarket chains in the Czech Republic, Ahold
Publisher: World Heritage Encyclopedia

Ahold Czech Republic

Albert Czech Republic
Industry Retail
Founded Prague, Czech Republic (July 30, 1991 (1991-07-30))
First founded 1990
Headquarters Prague, Czech Republic
Area served
Czech Republic
Services Discount stores, hypermarket, supercenter, supermarket, superstore, other specialty
Revenue Decrease 1.145 million (2013).
Increase €40.50 million (2013)
Total assets Decrease €557.23 million (2013)
Total equity Increase €288.33 million (2013)
Owner Ahold (100%)
Number of employees
Website .cz.aholdwww

Ahold Czech Republic, a. s. (a. s. standing for "akciová společnost" – equivalent of joint stock company) is a division of the Netherlands-based Ahold company, operating in the Czech republic. They are responsible for running the supermarket chain Albert and the hypermarket Hypernova, totalling about 300 locations. In 2005, they took over 56 outlets of the Austrian-based Julius Meinl supermarket, which left the Czech market, and subsequently remodelled them to their Albert brand. In 2009, the company started to slowly drop the Hypernova brand, re-branding all hypermarket operations to the name Albert Hypermarket.

In March 2014 Ahold Czech Republic a.s. acquired 50 stores from Spar, 36 hypermarkets and 14 supermarkets for 5.25 billion Czech Crowns (€191.000.000). With this move Albert is now the biggest supermarket chain in

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