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Ahold has announced a long term strategy the continued profitable growth of its U.S. Foodservice subsidiary, which is to split into two operating companies.


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. 
 has announced a long term strategy the continued profitable growth of its U.S. Foodservice U.S. Foodservice is one of the largest broadline foodservice distributor in the United States. The company distributes food and related products to over 250,000 customers, including restaurants, healthcare facilities, lodging establishments, cafeterias, schools and colleges. U.S.  subsidiary, which is to split into two operating companies operating company

A business that engages in transactions with outsiders.
. U.S. Foodservice is the second largest distributor in the foodservice The foodservice (or food service) industry (US English; catering industry in British English) encompasses those places, institutions, and companies responsible for any meal eaten away from home.  industry. U.S. Foodservice will reorganize re·or·gan·ize  
v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es

v.tr.
To organize again or anew.

v.intr.
To undergo or effect changes in organization.
 itself into two operating companies, each focused on a specific customer segment ("Broadline" and "Multi-Unit"). The Broadline operating company represents more than 85% of U.S. Foodservice's net. It provides a broad line of food and related products and services to independent restaurants, healthcare providers, hospitality customers, governmental entities, educational institutions and other foodservice customers. U.S. Foodservice's plans include four initiatives to drive top-line and bottom-line growth of its Broadline business: Accelerating private brands penetration, investing in the sales organization, strengthening targeted local geographies and rolling out a comprehensive operational excellence program. U.S. Foodservice's Multi-Unit operating company, which will be given its own brand identity, provides food and related products to large chain restaurants with multiple units, primarily in the "quick-service" and "casual theme" restaurant segments.
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Title Annotation:BUSINESS BRIEFS ...
Publication:Food & Drink Weekly
Geographic Code:1USA
Date:Dec 5, 2005
Words:170
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