Newsletter

The Herald, Rock Hill, S.C., Business Briefs Column

Clark, Denyse

2003

Overview

U.S. FOODSERVICE PARENT'S PROFITS IN QUESTION: The Dutch-based supermarket giant Ahold, which operates U.S. Foodservice, warned Monday that profits last year may have been overstated by more than $500 million. Ahold, audited by Deloitte & Touche, said it was investigating accounting \"irregularities\" at its U.S. Foodservice arm and also the legality of transactions at its Disco operation in Argentina. Fax news to Denyse Clark at 329-4021; mail it to The Herald, Business News, P.O. Box 11701, Rock Hill, SC 29731; call 329-4069; or e-mail [e-mail].

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