All Iceland articles – Page 35
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Coolest of operators
It’s been a tough year for frozen food and that’s not been good news for our top retailer, says Gaelle WalkerIceland’s new-found confidence (see page 36) must have impacted smaller rivals such as Farmfoods. However, Herd says that...
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Iceland on track for growth
Iceland boss Malcolm Walker insists that it is still committed to sustaining growth, despite selling off 28 stores this week.Walker said the £38m sale on a leasehold basis to Marks and Spencer, which plans to turn them into Simply Food outlets,...
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Iceland on track for growth
Iceland boss Malcolm Walker insists that it is still committed to sustaining growth, despite selling off 28 stores this week.Walker said the £38m sale on a leasehold basis to Marks and Spencer, which plans to turn them into Simply Food outlets,...
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BWG likely to buy Irish Iceland stores
BWG Holdings, owner of the Spar franchise, is seen as the most likely buyer of some of Iceland’s Irish stores, after the company’s decision to close down operations in the Republic because of continuing losses.Seven outlets – six in Dublin and...
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Summer shopping: performance of grocery online services
>> HOW THE STORES COMPARED ON KEY ASPECTS OF THEIR ONLINE SERVICEOnline retailing has become an increasingly competitive battleground for the major supermarket chains. Indeed, since our Easter shopping survey, Iceland has...
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Spring water from Iceland
A mineral water which is touted as one of the purest in the world is crossing the North Atlantic ocean from Iceland.Icelandic Glacial is sourced from the Ölfus spring – formed by a volcanic eruption 4,500 years ago – which is shielded from...
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Three more Para Red products withdrawn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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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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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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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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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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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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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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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...
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Baker set to forge new buying strategy
Icefresh Foods has appointed Lee Baker from Iceland Foods to take up the new role of purchasing manager, with responsibility for all procurement and the creation of a new buying strategy.He will be working with the company’s business...