Latest discounter news – Page 152
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Iceland: Floods write off Iceland's Lewes store
Iceland will not reopen its existing store in Lewes, East Sussex as repairs to structural damage caused by flooding are not "economically viable". But the company said it had not yet ruled out reopening in the town if suitable premises were...
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News analysis: Iceland
A chill in the City Bill Grimsey arrived at Iceland and was angry at what he discovered. But he's getting on with the job. Organics and dotcom fascias have a shorter shelf life while ready meals will run and run, as he tells Helen Gregory Iceland...
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News analysis: Iceland
Carry on Malcolm. It's still early days for the Iceland/Booker merger, so does Stuart Rose's departure put the odd couple on a shakier footing? John Wood and Elaine Watson report on the challenges ahead for Malcolm Walker Malcolm Walker was taking...
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Art of getting sushi right
A new frozen convenience sushi from Sea Products International is to go on sale at Sainsbury and Makro this month. The frozen sushi is manufactured and quick frozen in Iceland. Local fresh products and Japanese recipes and processes are used in...
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That was the year that was 10
August 25, 1990. Kellogg's has spoken out about Aldi's ultra-low price for 500g boxes of its famous cornflakes. The German discounter sells them for 79p 6p less than its nearest competitor Kwik Save and far below the £1.06 retail reported in the...
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Ireland: Aldi eyes Cosmoline store
One of eight supermarkets owned by a West of Ireland chain which has gone into receivership may be acquired by Aldi, now busily building an Irish network. The German discounter has expressed an interest in buying the 12,000 square foot store in...
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DUBLIN CENTRE STORE FOR LIDL
German discounter Lidl is to add a new competitive twist to the sector with its first Dublin city centre store. It is to become the anchor tenant in a new shopping mall planned for Moore Street, just a few hundred yards from the Dublin outlet...
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Republic of Ireland: Cuts stay says Tesco as IFA threatens b
Supermarkets in the Irish Republic are threatened with a petrol-style blockade by dairy farmers who claim they could be put out of business by the current price war. All the major chains Tesco, Dunnes, SuperValu, Superquinn, Aldi and Lidl have...
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Germany: Wal-Mart's German operation must stop below cost se
Every day low pricing at Wal-Mart's German operation took on a whole new complexion this week as the retail giant was ordered to put its prices up. Hard discounters Aldi and Lidl were also told by the cartel office to raise prices on staple goods...
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And Iceland replies...
Sir; We are surprised and disappointed to read that one of our suppliers feels it has been treated unfairly, as all our negotiations so far have been very cordial with a clear sense of fair play. Unfortunately it is difficult to comment on...
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The odd couple: Iceland: £15m savings found in supplier stud
Iceland Group has identified potential savings of £15m following analysis of its suppliers. Speaking at the announcement of Iceland's interim results, chief executive Stuart Rose confirmed reports in The Grocer (News, August 19, p4) that the group...
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Discounters: The rainy season
The foreign discounters have ploughed millions into establishing a foothold in the UK. But they now face an uphill struggle to grow or even retain their customer base in the face of a fierce supermarket price war, as Steve Hemsley and Julian Hunt...
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In the city: Analysts are hungry for more light to be shed
As Iceland prepares to release its last set of separate interim results on Tuesday, observers will be more interested in the accompanying progress report about its merger with Booker. "Investors just want to hear some reassuring noises about the...
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Republic of Ireland: Aldi strike over
A strike over union recognition which had lasted for three months at Aldi's recently opened store in Dublin has ended following intervention by a government minister. Labour affairs minister Michael Kitt helped broker a deal between management...
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The odd couple: Booker and Iceland begin talks with supplier
Cherrypicking the best for both' Suppliers remain sceptical about Iceland's chances of securing the £50m synergy benefits outlined at the time of its merger with Booker. The newly enlarged group plans to meet its major suppliers over the next...
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Despatches: A gorilla scares Oz
The arrival of Aldi means Australia's big three are no longer going to have it all their own way. Barry Flanagan reports Around Easter last year, recruitment ads started to appear in Sydney newspapers for managers to join one of the world's leading...
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Multiples: Iceland denies bullying
Exclusive Julian Hunt Iceland has reacted strongly to complaints from suppliers that the frozen food specialist has been employing strong arm tactics as it tries to negotiate better terms. Suppliers have contacted The Grocer to voice their...
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In the city: Many Booker shareholders didn't like the idea o
There was little surprise this week when Iceland announced that it had secured enough acceptances from Booker shareholders for the "merger" of the two to go ahead. However, there were obviously a fair number of Booker's shareholders who were willing...
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Tesco defiant over posters
Trading Standards officers have stepped in to curb the scrap between Iceland and Tesco over pricing claims. Iceland says that officials ordered Tesco to remove posters in its stores which claimed its frozen food was cheaper than Iceland's. But...
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The odd couple: Booker boss warns of major and rapid change
Merger is just the beginning Booker's merger with Iceland is only the start of big changes that will sweep the entire grocery sector, the cash and carry group's chief executive has said. Stuart Rose told the Scottish Wholesale Association annual...