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Ahold also has announced that its subsidiary Tops Markets intends to divest its chain of 204 convenience stores.


Ahold a·hold  
n.
Hold; grip: "I knew I could make it all right if I got . . . back to the hotel and got ahold of that bottle of brandy" Jimmy Breslin. 
 also has announced that its subsidiary Tops Markets intends to divest To deprive or take away.

Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money.
 its chain of 204 convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. . These are Ahold's last remaining convenience stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The convenience store chain includes 127 Wilson Farms Neighborhood Food Stores, 67 Sugarcreek Stores and ten Tops Xpress stores. Ahold said the intended divestment of the Tops' convenience stores is part of its strategic plan to restructure its portfolio in order to focus on core food businesses. The company said it has not set a time frame for the completion of the divestment.
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Title Annotation:Business Briefs ...
Comment:Ahold also has announced that its subsidiary Tops Markets intends to divest its chain of 204 convenience stores.(Business Briefs ...)
Publication:Food & Drink Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 26, 2004
Words:92
Previous Article:Dutch retailer Ahold has announced that it will close its U.S. retail corporate headquarters in Chantilly, Virginia, as part of its strategic program...
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