Koninklijke Ahold NV CEO Dick Boer:
* Compared to final quarter, have not yet seen a change in market conditions during first few months of 2014
* By the end of 2014, we plan to have remodeled nearly half our stores
* While we do expect some improvement in economic conditions this year, we think it will be a very gradual process for the food retail industry
* We are opening a new warehouse in New Jersey this summer that will enable Peapod to double its capacity in 2014
* Considering that the final quarter of 2013 was particularly tough across our markets, we are cautious in our outlook for 2014 Source text for Eikon: Further company coverage:
