Latest discounter news – Page 151
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George Greener appointed Iceland's non-executive chairman
George Greener has taken over as Iceland Group's non-executive chairman this week. He replaces temporary figurehead David Price, who was appointed chairman on a temporary basis following the corporate upheavals and departure of Malcolm Walker in...
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Frozen food: Walker: I don't want to build another empire'
Iceland founder Malcolm Walker has confirmed he is to set up a frozen food business but dismissed speculation that he wants to start a cold war with his former firm. The first 2,500 square foot shop is due to open mid-August in Wrexham, north...
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Frozen food multiples: Walker rumoured to be preparing a new
Speculation is rife that Iceland founder Malcolm Walker is set to go head to head with his former company by opening up a new chain of frozen food retail outlets. Reports suggest the new operation's name will be Frozen Out although others dismiss...
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Multiples: JS says it's no 2 in online race
Sainsbury claims it has leapfrogged over Asda, Iceland and Waitrose to become the UK's number two online grocery retailer and the fourth biggest in the world. Jennifer Baker-Hirst, new business development director, said the Sainsbury's To You...
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I predict Iceland will ditch online
Sir; You report (The Grocer, March 24, page 6) that Iceland says its tie-up with Booker has "answered its e-commerce prayers". This sounds like the last gasp wish of a dying soul. The "e" in "e-commerce" is relatively easy; the "commerce" part is...
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Multiples: Booker deal delivers for online Iceland
The tie up with Booker has been the "answer to Iceland's e-commerce prayers", said home shopping director Jon Grey this week. As Iceland uses Booker's depots and extended grocery range to "ramp up" its own online offer, Grey said: "Booker has...
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Iceland: Walker organic dream has cost Iceland £20m
Malcolm Walker's failed attempt to convert Iceland to organic produce has left his successor facing a £20m bill. Chief executive Bill Grimsey said: "We now fully understand the cost of unravelling the contracts entered into in an attempt to buy...
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Top companies: Grocery turns up trumps among best employers
Looking for a great place to work? Then you could do well to consider Asda, Bacardi-Martini, Bettys & Taylors, Bulmers and Iceland which have been rated the most staff-friendly employers in the UK grocery industry. The five feature in the 50 best...
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Iceland: Grimsey pins hopes on home delivery
Home delivery will feature heavily in Iceland chief executive Bill Grimsey's future plans as he tries to turn around the company after a disastrous two weeks. This week the share price plunged again after a trading statement showing synergies...
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Profile: Malcolm Walker, Iceland
The ice man goeth Opinion is divided over Malcolm Walker's controversial shares sale, but he really shouldn't grumble at the furore says Julian Hunt Malcolm Walker has never made any secret of his dislike for those who work in the City. When we...
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Science not soundbites, please
It's been a bad week for organics. First came the Iceland bombshell, in which the freezer-chain-turned-innovative-supermarket-group admitted it had dropped a marketing clanger by going overboard with the concept during the last six months of 2000. ...
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News special: organics in crisis
Iceland admits policy is basically flawed Iceland's chief executive Bill Grimsey insists the sales dive sparked by its organic initiative is only a temporary blip in the chain's fortunes. He said the move spearheaded by former Iceland md...
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Australia: Aldi denies it's interested but Franklins sale
Hong Kong conglomerate expected to put 287-strong discounter up for sale Despite persistent rumours Aldi has denied it is a front runner in a potential bidding war for Australian discount chain Franklins, which parent company Dairy Farm...
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Organic food: The great divide
Sales of organic food show no sign of slowing despite Iceland's revelation that not all its customers could stomach it. But as the category moves mass market, can it live up to shoppers' expectations? Linda Pettit reports Iceland's admission...
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Somerfield: Annie is back but Jerry goes to Corrie
The star of Somerfield's TV ad campaign is to live on in a new series of commercials due to be aired within a matter of weeks. And the company's Kwik Save subsidiary is targeting Iceland with an aggressive press ad campaign. Annie has been at the...
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Australia: Aldi set for Oz ad blitz
Aldi is preparing to launch a major national advertising campaign in Australia at the end of the month to coincide with the opening of its first stores in New South Wales. A billboard sign displayed outside the Bankstown store relaying details of...
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Wholesaling: I'll take my time over Booker'
A new managing director for Booker will not be appointed for at least 12 weeks, says Bill Grimsey, chief executive of the parent Iceland group. Grimsey, who has just completed his first week at the head of Iceland, said he was prepared to take his...
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Iceland chain goes for stability
The new managing director of Iceland is no stranger to the frozen food chain. And the appointment of Andrew Pritchard who joined the chain from Ernst & Young in 1983 gives the Iceland group some much needed stability at a time when the mds of...
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News review 2000: Booker's rose basks in the limelight, then
In May, the UK's biggest wholesale company Booker became the junior partner in a "merger" with Iceland, and Booker boss Stuart Rose took over as chief executive of the merged company. Iceland's charismatic founder Malcolm Walker became chairman and...
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Iceland: Grimsey replaces Rose and promises to release ener
Iceland has found a replacement for departing chief executive Stuart Rose in record time with the appointment of Wickes boss Bill Grimsey. But the company is still searching for a replacement for Booker chief Charles Wilson, who announced he would...