Talk for Article "Fact Check: Joe Biden’s claims about Stop and Shop profit"

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  1. [ This comment is from a user you have muted ] (show)

    I think the best way to fact-check this claim is to directly contact the company pubic relations office here, and even give them the right to comment, page 240 of this report lists the contacts:

    https://www.aholddelhaize.com/media/8880/ahold-delhaize-annual-report-2018-interactive.pdf

    1. [ This comment is from a user you have muted ] (show)

      Surely the company press office would simply refer you to this page: https://www.aholddelhaize.com/en/investors/share-information/share-buy-back-programs/ which gives details of the buyback programmes for 2019 (Eur.1B), 2018 (Eur.2B), 2017 (Eur.1B), and Ahold’s previous buybacks totalling Eur.4B since 2010.

      1. [ This comment is from a user you have muted ] (show)

        You are totally right, may you please edit the report according to the above data you cited. we can then publish it after that.

  2. [ This comment is from a user you have muted ] (show)

    Assuming that we are talking about Stop and Shop”, this is a chain of 415 shops owned by the European conglomerate Ahold Delhaize, which has some 6,500 shops world-wide, and also owns other brands in the US, such as Giant. So on that figure S&S is about 6% of the parent company: by revenues, it’s more like 20% (figures from Wikipedia). It is indeed correct that Ahold Delhaize has announced a EUR 1 billion share-buyback: https://www.globenewswire.com/news-release/2019/03/19/1756746/0/en/Ahold-Delhaize-share-buyback-update.html

  3. [ This comment is from a user you have muted ] (show)

    The tweet appears to be about a company called “Stop and Shop”. Is this the same thing as “Stand and Shop”, as in the current headline?

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