Moberg's Failure to Take on Wal-Mart in U.S. Leaves Ahold Shares Trailing

(Bloomberg) -- Departing Royal Ahold NV Chief
Executive Officer Anders Moberg cut debt by more than half, sold
assets and returned the retailer to profit after an accounting
scandal. His U.S. growth plan hasn't fared as well.

That leaves Moberg's successor -- as yet unnamed -- to boost
sales at U.S. supermarkets. Revenue growth at rival Kroger Co.,
the biggest U.S. supermarket company, is about eight times that
at Ahold's Stop & Shop chain.


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