Latest discounter news – Page 150
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A Lidl goes a long way if you can get it
Only one shopper seeking the basics for a cooked breakfast at the discounters came away with a full basket this week. The lesson to be learned is that discounters may well be flexible on price, but in return customers must make allowances for pack...
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Icelandic group buys Katsouris
Icelandic group Bakkavor has scooped up London based chilled food specialist Katsouris Fresh Foods and Fillo Pastry in a £102m deal. The deal is the largest corporate acquisition ever undertaken by an Icelandic firm and follows the recent purchase...
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Lidl squeezed by planners
German discounter Lidl has been forced to rewrite its selection criteria for new UK stores due to shortages of sites and difficulties in getting planning consent. Mark Sheehan, director of property agent Christie and Co, said: "Lidl favours new...
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Code comfort for the few
n For key players in the British grocery industry, 2001 could be dubbed the year of recovery. Tesco remained firmly at the top, but Sainsbury started to show real signs of renaissance and Iceland and Somerfield started to pull round. The toothless'...
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Booker's warehouses to be trialled
as picking centres for independents Booker warehouses are to be used as delivered wholesale picking centres for both independent retailers and caterers, as well as depots for Iceland's home shopping service. The Iceland Group, which has changed...
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n From a very naive start up' with an £18K kitchen and a ti
For many, the words frozen food conjure up images of cheap and cheerful products such as peas, pizza and fish fingers. Given that, and the fact that the sector is dominated by the supermarkets and specialists such as Iceland, what potential is...
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Hard discount fight in Iberia
German retailers Lidl, Tengelmann and Aldi are gearing up for battle in Iberia with ambitious store opening plans for their hard discount formats in the region over the next three to five years. Aldi's announcement earlier this month of a move into...
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New generation depots to feed Iceland delivery
Iceland Group is developing a new hi-tech picking centre to take its home delivery service out of stores and to develop a new level of efficiency. Chief executive Bill Grimsey said Iceland would not be following the model of standalone picking...
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Seeing red over a 9p carrier bag
The price of carrier bags was a sore point with our shoppers this week. Both Kwik Save and Lidl in Cardiff imposed a 3p charge for them and at Kwik Save our shopper was unable to obtain a free bag even for raw chicken. The biggest gripe ...
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When Iceland founder Malcolm Walker left the company he had
And he did, for about three months, before jumping straight back into the fray with a brand new frozen food venture, Cooltrader. "After leaving Iceland I had intended to retire but I felt the urge to get back into business," Walker says. "That...
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Stepping back into a cold war
Former Iceland founder and frozen food supremo Malcolm Walker thinks there's still plenty of life in the frozen food discounting business. So much so he's even come out of retirement to launch his brand new chain Cooltrader. However, things have...
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Irish republic
Discounters force Tesco into deeper cuts The recent arrival of Lidl and Aldi in the Irish market has intensified competition in the grocery sector over the past year, according to Maurice Pratt, managing director of Tesco Ireland. Tesco, once...
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Iceland manager admits fraud plot
The trial of a husband and wife charged with conspiring to defraud Iceland ended on its first morning after defendant Terence Mullin, a former Iceland regional manager, changed his plea and admitted two charges of conspiracy to defraud the company...
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Co-op/council alliance launches Store to Door
Oxford, Swindon & Gloucester Co-op has teamed up with social services at Oxfordshire County Council to launch a new home shopping service for the elderly and housebound. The society beat off competition from Tesco, Sainsbury and Iceland to win the...
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The Co-operative Group has launched a new range of own label
German hard discounter Lidl is moving into the Hungarian market this year, according to local press reports. Kraft Foods has boosted its ready meals portfolio with the purchase of Borden Foods' US ready meals business It's Pasta Anytime! C-store...
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The European Commission has given conditional clearance for
Iceland founder Malcolm Walker said his new venture in frozen food got off to a roaring start last week. The first week of trading at the Cooltrader store in Wrexham "went off like a rocket and exceeded all expectations", he said. Unilever has...
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Executive moves: Brain drain goes on as Asda's Gaunt goes to
Another senior defection to Iceland has added to the brain drain from Asda's top management team. Brian Gaunt, who was Asda's European supply chain director, has joined Iceland as group logistics director, reporting to chief executive Bill Grimsey....
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Cash and carry: Don't talk down sector C&C bosses tell Booke
Cash and carry bosses have rounded on Booker for blaming its own lacklustre performance on a declining market. In a letter to The Grocer this week (see p20) Landmark chairman Steve Parfett said the statement in Iceland Group's results that the...
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Multiples: Grimsey's three-year strategy to restore fortunes
Iceland's chief executive Bill Grimsey hopes to transform the chain into the Tesco of high street retailing. His three-year strategy aims to improve availability, customer service and to exploit links with wholesaler Booker and foodservice firm...
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Multiples: Blow for Asda as Iceland gets executive star catc
The defection of Asda's trading director to Iceland is the latest in a series of board departures, marking a continual brain drain from the supermarket chain. Mike Coupe, who takes over from Russell Ford as managing director at Iceland, is being...