Contents
Key figures 1995
III
Highlights Royal Ahold
1
To our stockholders
4
Report of the Corporate Executive Board
6
Report of the Supervisory Board
27
Special essay: From mass sales to precision retailing
28
Financial Statements
35
Additional Information
54
Financial Results under US Generally Accepted Accounting Principles
55
Ten-year Comparative Summary
56
Board and Management
58
Investor Relations
60
The diversity of fresh products continues to growbut the ideal
assortment is determined for each location more precisely.
Micro-merchandisingbased on local consumer needs
has led to a highly differentiated assortment of fresh products
and ethnic foods in this Tops International store.
Annual Report 1995 Royal Ahold 3
