All Discounters articles – Page 142
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News
Three more Para Red products withdrawn
Three more products have been found to contain the illegal food dye Para Red.The Food Standards Agency has ordered the withdrawal from sale of Discovery Salsa Wrap ‘n’ Roll and Taco seasoning, along with Iceland’s ready cooked sliced chicken...
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Iceland trialling switch to Cooltrader
Iceland is to understood to be trialling the Cooltrader format at five underperforming stores, with a view to rolling it out to 100 outlets if it proves a hit.Cooltrader is the frozen food chain set up by Iceland boss Malcolm Walker after he...
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Iceland to abandon home shopping service
Iceland has announced that it will close its loss-making home shopping service later this month.The internet and telephone service will close on April 22, with last deliveries to customers being made on April 23.Closure of the service is...
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News
Head office jobs axed as Booker is simplified
Wholesaler Booker is laying off almost 20% of its head office staff less than two months after the business was decoupled from Iceland following the acquisition of Big Food Group by Icelandic group Baugur. In an interview with The Grocer,...
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Iceland announces 400 job losses
Iceland, the supermarket chain recently acquired by Baugur as part of its purchase of the Big Food Group, is cutting a third of its workforce at its Deeside headquarters in Flintshire.The company, which employs 20,000 people across the UK,...
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In Profile: Q&A with Nadir Lalani, owner of the 99p Stores discount chain
Entrepreneur has a great eye for what will sell
Nadir Lalani emigrated to the UK from Tanzania in 1971.
Three decades later, he has built… -
News
Kwik fixes are not the solution for Baugur
Baugur could extract some synergies from teaming up Iceland and Kwik Save, but it could prove a marriage made in hell, warned analysts as news of Baugur’s interest in Somerfield Group broke this week.Just two days before the Icelandic...
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News
Lidl plans Croatia expansion
Discount grocery retailer Lidl is moving ahead with its Croatian expansion plans and is expected to open shops in 17 Croatian town this November.The retailer is expected to invest about E40m in the first stage of its Croatia expansion, and...
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News
Review of 2004
January Big Food Group meets Londis’s advisors, KPMG, to discuss a bid. BFG announces departure of Iceland MD Mike Coupe. Tesco stuns convenience world by buying Adminstore. The City raises concerns about Morrisons’ ability to integrate...
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Restaurant-quality food from Iceland
Iceland has introduced a “restaurant-quality” range of frozen prepared foods into 100 stores in the run up to Christmas after a successful trial with the products at its store in Sudbury.Recently refurbished stores have been chosen to sell the...
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Aldi soup launch
Discounter supermarket group Aldi is launching a new range of low calorie fresh soups.Available in three varieties – Tomato & Red Pepper, Spicy Parsnip and Chicken & Sweetcorn – all the soups contain less than 3.4g of fat and 53 calories...
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Don’t discount their advantage
The discount chains are tightening their grip on continental Europe. Could the same happen here? John Wood and Siân Harrington reportFor mainstream retailers operating in the UK, Aldi’s announcement...
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UK not yet in Lidl’s net
Lidl is set to overtake its bitter rival Aldi as the top discounter in Europe in the next 10 years, according to a report from IGD.Last year Lidl increased its sales by 15% to E18.9bn, twice Aldi’s growth rate, and IGD estimates Lidl trebled...
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Baugur’s takeover talks with BFG continue
The Big Food Group has stated that the sales drop in its core Iceland and Booker businesses has continued for the last six months during a period of increased competition in the UK retail environment. The group, which is in takeover talks...
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Ireland’s multiples face prices probe
Multiples in the Irish Republic are to be quizzed by a parliamentary committee on why Irish grocery prices are among the highest in the EU. The market’s major players, Tesco, Dunnes, SuperValu, Aldi and Lidl, as well as a number of other...
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It’s crunch time for the OFT
A grim future lies ahead for independents unless the regulatory environment changes. Events may be brought to a head by the sale of a tranche of Iceland stores says John WoodEver since the OFT waved through Tesco’s takeover of T& S...
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Cooltrader acquires Poundfreeze
Cooltrader, the freezer chain set up by former Iceland boss Malcolm Walker, has almost doubled its store base with the acquisition of West Midlands chain Poundfreeze.The eight-store deal boosts Cooltrader’s estate to 20 stores, said buying...
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News
Cooltrader acquires Poundfreeze
Cooltrader, the freezer chain set up by former Iceland boss Malcolm Walker, has almost doubled its store base with the acquisition of West Midlands chain Poundfreeze.The eight-store deal boosts Cooltrader’s estate to 20 stores, said buying...
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News
Aldi plans big expansion into Ireland
Aldi is planning to expand its presence in Ireland over the next 18 months, and hopes to increase its store numbers from 14 to 80.According to a report in The Sunday Times this week the retailer plans to open at least one store a week...
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News
Baugur’s big mystery
Big Food Group might be happy to recommend a 110p a share takeover from Icelandic group, Baugur. But would it be so amenable if the offer were lowered to 90p?Last week the group, which owns Iceland, confirmed that it had opened its books to...