Latest discounter news – Page 149
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n Iceland's boss says he knows what his customers want, and
Are they doing a deal or are they doing a deal? Iceland customers don't seem to think so and have turned their backs on the chain and its new EDLP strategy. Following last week's dismal trading statement, Iceland's been forced to restore its bogof...
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City in optimistic mood despite slide at Iceland
Elaine Watson Marks and Spencer and Safeway defied forecasts of a downturn, but Iceland slipped badly in figures released this week. At Big Food Group sturdy first quarter performances by Booker and Woodward Foodservice offset a 5.8% slide in...
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Big Food Group gears up to grow export presence
Anne Bruce The Big Food Group is to target international supermarkets and distributors with its Iceland, Booker and Woodward foodservice brands in a new focus on export. It has just become a fast-track member of Food From Britain, and will be...
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Bogof's week
I have always had a soft spot for former Iceland boss Malcolm Walker and his shoot-from-the-hip style of management. Even when he was being a bit well, how can I put this? economical with the truth. No, I am not talking here about share dealing...
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Aldi ice cream scoops top frozen award
Consumers have voted an Aldi premium ice cream as the best frozen food product of the year in the retail sector. Milfina Temptations premium honeycomb crunch ice cream, made for Aldi by Richmond Foods, also won the category for best new ice...
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Iceland turns away from bogofs to embrace an EDLP philosophy
Elaine Watson Iceland is embarking on a major rethink of its pricing strategy to reduce its dependence on bogofs and margin eroding megadeals, revealed Big Food Group boss Bill Grimsey. The new strategy, already being tested in some categories such...
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Lidl is an ad heavyweight
Sainsbury is the biggest spender on advertising so far this year, according to the latest data from Nielsen Media Research. Although Sainsbury's ad spend for the three months to the end of March was down 15.8% on the period last year, its...
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M&S at top, Iceland bottom in animal welfare vetting
Sainsbury and Iceland have hit back at claims they are lagging behind competitors in the animal welfare stakes. The move follows a report from Compassion in World Farming placing them at the bottom of the compassionate supermarket' table. M&S...
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Private investment in Two Saints
Private investors have bought the Two Saints Retail Park, Park Road, Ormskirk. The price of £4.9m reflects a yield of 7.7%. Aldi and McDonalds are among tenants of the 40,398 sq ft complex. Seller was Pochin Design & Build, advised by Lamont. King...
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Iceland rethinks web service to grab more ABC shoppers
Exclusive Ed Bedington Iceland has completely revamped its online shopping service to attract more sales from ABC consumers. The company has launched an improved home shopping web site, which also supports offline shopping via CD as well as...
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Aggressive Lidl keeps up cracking new store pace
Anne Bruce Secretive hard discounter Lidl has doubled its UK portfolio since 2001, bucking declining numbers in the UK discount sector and leaving longer established competitors Aldi and Netto behind. A source said Lidl was "approaching 350 stores...
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republic of ireland
Discounters sourcing insignificant quantities' from Irish suppliers says RGDATA Aldi/Lidl sourcing probe urged by independents The independent grocers' body in the Irish Republic, RGDATA, has called for a government probe into the food sourcing...
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Discounters taking to CR
Lidl and Netto have become the latest food retailers to adopt the practice of civil recovery to combat shoplifting and staff theft. Netto director John Buitekant said: "The system is on trial, and trials will continue for the next few months. So...
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n Discounters in Ireland are growing by building small store
Below-cost selling has been outlawed in the Irish Republic's E8bn grocery market for the past 14 years, in defiance of advice from independent analysts, economists and the country's Competition Authority. Successive governments, whatever their...
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Major players feeling the pressure
By Julian Hunt Further evidence of the pressure under which many of the smaller players in the multiple sector are operating comes in this month's TradeTrak market share figures. In particular, our data for Iceland and the Somerfield group show...
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Triple blow but Iceland says it can stand alone
Iceland Group has suffered setbacks on supply deals with three major customers. Bhs is axing half of its instore Iceland concessions as part of a "reassessment" of its store portfolio. Iceland stores in Bhs outlets in Birmingham, Staines,...
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Iceland ready to launch £250m sale and leaseback
Iceland is looking at opportunities for its property portfolio, including sale and leaseback, as part of its overall strategic review. It is expected to launch a £250m property sale and leaseback programme to help fund its store acquisition...
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Accrington Accrington Accrington Accrington Lancs Lancs Lancs Lancs Frozen pizza 1.99 2 in box 1.49 ...
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Iceland hungry for store sites
Iceland has launched a nationwide property search to find sites for 80 new stores it plans to open in the next three years. The company, which has 760 stores, has identified more than 110 towns and cities in the UK, including locations in Scotland...
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Iceland sales dip is a concern'
Iceland and Morrisons reported strongly contrasting sales figures as they kicked off the round of Christmas period trading statements by the major multiples. A defiant Bill Grimsey insisted Iceland's results were "very good", although he conceded...