Iceland Foods news and analysis – Page 42
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as nature intended
Iceland boss Malcolm Walker's influence in the retail industry apparently doesn't stretch as far as his daughter. Caroline Walker, managing director of As Nature Intended, is proud to say that she's done things her way,...
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M&S races ahead with Simply Food refit plans
Marks and Spencer is four weeks ahead of schedule with its conversion programme for the 28 Iceland stores it acquired for £38m in January. The retailer is converting four stores a week for the next seven weeks to its Simply Food format,...
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Resurgent Iceland distances itself from green initiatives
Being seen to be green may be top of the agenda for the likes of Tesco, M&S and Sainsbury's, but Iceland will not "jump on the eco bandwagon", according to chief executive Malcolm Walker. The focus was on quality and price, he said. "We...
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Fury over Icelanddemand
Iceland CEO Malcolm Walker has told The Grocer a decision by the retailer to extend its payment terms to 90 days and introduce a 2.75% "settlement discount" for paying on time was "nothing to do with me".The frozen food chain's holding...
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Iceland on the prowl
Iceland has launched its nationwide campaign to acquire stores, writing to property agents enquiring about leasehold, freehold and joint development opportunities.It is targeting 123 towns in the UK as potential sites for store acquisitions,...
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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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Fitting right in to the locality
Marks and Spencer has recently stepped up the pace of its Simply Food expansion with the acquisition of 28 Iceland stores. CACI’s analysis reveals the cherry-picking of sites from Iceland’s portfolio has been well thought-through. While the...
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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...