Archive of all Iceland articles – Page 35
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Deloitte under scrutiny over sale of Bakkavor stake
Deloitte, the accountancy firm, has come under scrutiny in Iceland over its advisory role in the sale of a major stake in Bakkavor, one of the UK's biggest supermarket suppliers, the Daily Telegraph reports.
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Walker snapped up Woodward for a quid
Iceland boss Malcolm Walker paid just £1 in cash to purchase DBC Foodservice's parent company the Woodward Group in May, according to accounts filed this week.The sum, paid to DBC's previous owners Baugur and Fons Eignarhaldsfelag, was...
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As Nature Intended fails in Manchester
As Nature Intended, the organic supermarket chain founded by Iceland boss Malcolm Walker's daughter, has closed its store in Hale near Manchester due to lack of demand from northern customers. "It wasn't successful and it wasn't worth us...
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DBC headhunts four new directors in top team restructuring
DBC Foodservice has restructured its senior management team to help it take on market leaders Brakes and 3663.The wholesaler, which was bought by Iceland boss Malcolm Walker and two members of his board in May, has headhunted four new...
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Picture This... Face of iceland is left out in the cold
Iceland had just finished filming its next ad campaign with Kerry Katona when allegations emerged that she had abused cocaine and it was forced to drop her. The frozen food specialist is now going back to the drawing board to see how much of the ads...
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Haddock price set to rise as Iceland's quota is cut
Shoppers are facing higher prices for haddock as a result of falling Icelandic supplies, experts have warned.
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DBC aims to compete aggressively to win high-street contracts
DBC Foodservice's new owners at Iceland Foods want to add at least £30m to its annual turnover by taking on giants Brakes and 3663 First for Foodservice.The wholesaler plans to "annoy the market" by aggressively competing for high street...
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Iceland profits soar as people turn to frozen
Iceland Foods has broken the £2bn sales barrier for the first time as cash-strapped consumers flock to the frozen food specialist in the recession.This week it reported sales up 16% to £2.1bn and pre-tax profits up 84% to £113.7m for the...
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NewsEditor's Comment: Is the discounter boom over?
Sustaining the discounters' godlike levels of growth - which saw Aldi's sales up 25% in 2008, while Lidl, Iceland, Farmfoods and others also enjoyed double-digit gains - was never going to happen.
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NewsNetto misses out on the discounter switch
All the major discounters and freezer centres apart from Netto have gained sales from other retailers in recent weeks, according to switching data from TNS. Aldi, Lidl, Iceland and Farmfoods have all stolen customer spend from the rest of the...
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Walker's WPD aims to boost clout of DBC
A new company led by Iceland boss Malcolm Walker has completed its takeover of DBC Foodservice and plans to turn it into "the best service-orientated foodservice business in the UK".
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Why is Iceland aiming for another go at foodservice?
Iceland is poised to buy DBC Foodservice. But it has bought a foodservice provider before with limited success, so why again? Peter Cripps reports
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NewsTesco under fire for misleading labelling of chicken
Tesco has been slammed for its "misleading" labelling of chicken following a consumer poll. More than 10,000 people voted in a Chicken Out! poll on whether labelling of standard own-label chickens sold in Tesco, Asda, Iceland, Morrisons and...
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Iceland set to buy DBC after Baugur collapse
Bosses at Iceland Foods Group are understood to have launched a bid to buy DBC Foodservice after Baugur, which owns a 50% stake in the company, was placed into administration.The Grocer has learned that Iceland Foods' CEO Malcolm Walker and...
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Iceland returns to Ireland with franchise deal
Iceland, the frozen food retailer, is back in the Irish market, almost four years after closing down its stores in the Republic and walking away due to mounting losses.
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Iceland runs missing people photo appeal
Frozen food chain Iceland has launched an appeal with the Missing People charity and will print photographs of vulnerable missing people on the side of its milk bottles. The pictures will appear on four-pint packs, with each person being...
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Green puts bid for Iceland on hold – reports
Sir Philip Green, the retail magnate linked with an approach for Baugur's UK retail interests, has put his interest in the group on hold, according to media reports.
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Woolies is on ice, but what of Malcolm’s own empire?
Malcolm Walker has now ruled out a Woolworths takeover, but the future of Iceland is even more intriguing. Peter Cripps and Adam Leyland report
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Iceland’s Walker tipped to swoop on shares in Baugur
Admitting plans to buy Woolworths have been put on the back burner, speculation is rife that Iceland Foods boss Malcolm Walker is mounting a bid to buy out the business outright. In an exclusive interview with The Grocer, Walker refused to rule out...
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Iceland’s fishing fleet hit by banking crisis
Iceland’s fishing industry is under severe pressure as a result of the country’s banking crisis, producers are warning. The freezing of bank accounts in the Nordic country – which is one of the major exporters of Atlantic cod to the UK – has made it...