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Ahold to open singles shops in Germany

Koninklijke Ahold NV (AH) will open its first food shop tailored to singles in Germany in two weeks, making it the first retailer to enter the German market since Wal-Mart Stores (WMT) tried and failed, Financial Times Deutschland reported, citing Juergen Holz, the head of Ahold’s German operations.

The first outlet will open in the city of Aachen Sept. 12, with 11 more to follow in the state of North-Rhine Westphalia, the FTD said.

Source: bloomberg.com

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