Ahold Czech Republic

Albert Czech Republic

File:Albert2a.JPG One of the Ahold's supermarkets in a suburb of Prague, Czech republic
Type	Supermarket
Industry	Retail
Founded	Prague, Czech Republic (July 30, 1991 (1991-07-30)) First founded 1990
Headquarters	Prague, Czech Republic
Area served	Czech Republic
Services	Discount stores, hypermarket, supercenter, supermarket, superstore, other specialty
Revenue	€1.145 million (2013).
Net income	€40.50 million (2013)
Total assets	€557.23 million (2013)
Total equity	€288.33 million (2013)
Owner	Ahold (100%)
Number of employees	10,517
Website	www.ahold.cz

Ahold Czech Republic, a. s. (a. s. standing for "akciová společnost" – equivalent of joint stock company) is a division of the Netherlands-based Ahold company, operating in the Czech republic. They are responsible for running the supermarket chain Albert and the hypermarket Hypernova, totalling about 300 locations. In 2005, they took over 56 outlets of the Austrian-based Julius Meinl supermarket, which left the Czech market, and subsequently remodelled them to their Albert brand. In 2009, the company started to slowly drop the Hypernova brand, re-branding all hypermarket operations to the name Albert Hypermarket.

In March 2014 Ahold Czech Republic a.s. acquired 50 stores from Spar, 36 hypermarkets and 14 supermarkets for 5.25 billion Czech Crowns (€191.000.000). With this move Albert is now the biggest supermarket chain in Czech Republic, totaling 330 outlets.