more discounter news & analysis – Page 178
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Iceland’s Walker tipped to swoop on shares in Baugur
Admitting plans to buy Woolworths have been put on the back burner, speculation is rife that Iceland Foods boss Malcolm Walker is mounting a bid to buy out the business outright. In an exclusive interview with The Grocer, Walker refused to rule out...
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Woolies is on ice, but what of Malcolm’s own empire?
Malcolm Walker has now ruled out a Woolworths takeover, but the future of Iceland is even more intriguing. Peter Cripps and Adam Leyland report
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Doubts over Aldi 1,500 UK stores target
Aldi has said it is on track to eventually operate 1,500 UK stores, despite a report this week that claimed the number was unrealistic. The CACI report, Discounters’ Challenge in Tesco & Sainsbury’s Heartland, claimed there were 959 potential new...
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Vickery ads push up Aldi’s seabass sales
Aldi’s sales of seabass have increased ten-fold in the two weeks since celebrity chef Phil Vickery has promoted it. The chef has endorsed the fish in the discounter’s television advertisements and on podcasts on Aldi’s website in which he...
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Should Sainsbury’s fear the hard discounters?
While headlines suggest middle-class shoppers are flocking in their 4x4s to Aldi and Lidl, the true picture may not be so simple, reports Sarah Butler
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Aldis appointed CEO of health food group NBTY
Peter Aldis has been appointed to replace Barry Vickers as CEO of health foods group NBTY Europe. Vickers is to remain on the company’s board, which owns Holland & Barrett, Nature’s Way and GNC, in an advisory capacity after Aldis was promoted from...
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Advertising: Lidl sticks to its guns
Within the second-tier food retailers, Lidl and Aldi are comfortably the largest spenders, shelling out £7.3m and £8.7m respectively on advertising in the year to date.
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Editor's Comment: Do the big four really need to reinvent themselves as discounters?
With the collapse of Lehman Bros, a bumper worldwide wheat harvest, the return of tertiary brands at Tesco, and Asda’s launch of a 5,000-strong product price war, events threatened to supersede our special Green Issue this week. But saving the...
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Asda trumps Tesco discount move
As revealed on thegrocer.co.uk (15 September), Tesco this week launched a new range of 350 discounted items in response to the recent gains made by discounters such as Aldi and Lidl. But the news was trumped yesterday when Asda signalled a major price war by slashing the cost of 5,000 items, including every product in its Smart Price range, as Asda chief executive Andy Bond said food inflation had peaked.
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Premium grocer Waitrose says it’s cheaper than Aldi
It is known as a premium retailer and is always the most expensive supermarket in The Grocer 33 weekly pricing survey. Yet this week, Waitrose claimed it was cheaper than hard discounter Aldi – in six of its 25 categories at least. Unveiling a 2.5%...
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Iceland’s fishing fleet hit by banking crisis
Iceland’s fishing industry is under severe pressure as a result of the country’s banking crisis, producers are warning. The freezing of bank accounts in the Nordic country – which is one of the major exporters of Atlantic cod to the UK – has made it...
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Celeb chef Vickery leads £10m Aldi push
Aldi is to plough £10m into a new advertising campaign featuring Michelin-starred celebrity chef Phil Vickery. Vickery, a regular on the BBC’s Ready Steady Cook, will star in a run of television adverts beginning on 15 September and is also to produce a number of podcasts and recipes for Aldi...
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Walker planning Woolies carve up
No more than 50 of Woolworths’ stores would be converted to the Iceland fascia if Malcolm Walker is successful in buying the ailing retailer, a senior retail source has predicted. Woolworths was forced to go public last weekend on its rejection of...
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Aldi celebrates 19.8% growth by joining BRC
Aldi has joined the British Retail Consortium, as new figures confirm the growing success of discounters. The German discounter joined the likes of Tesco, Asda and Sainsbury’s while celebrating 19.8% sales growth in the past year, and a record 3%...
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Discounters muscle in on top-up market
Discounters muscle in on top-up market: The rise of the discounters threatens c-stores and off-licences as much as supermarkets, according to a new report. The survey, carried out this summer by retail consultancy Him!, revealed that shoppers are visiting discounters twice a week – the...
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Lidl and Tesco hiss and spit over ‘Trash Savers’
Tesco’s low-price offensive against discounters in the Irish Republic has turned nasty, with it and Lidl trading blows in public over product quality. Cash Savers, Tesco’s new amber and black, low price proposition, was launched with a media...
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Suppliers size up the discounter potential
Cash-strapped British shoppers are flocking to the hard discounters. What about the brands, asks Peter Cripps
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Poundland picks up the pace
Poundland is on course to open 30 new stores this financial year as the value retailer reaps the benefits of the economic downturn. This week Poundland opened new stores in Bangor, north Wales, and Hammersmith, west London. The additions take...
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Credit crunch brings Irish into discounters
Rising prices are forcing consumers in the Irish Republic to dramatically change their shopping habits, according to a survey by the National Consumer Agency. The NCA, a statutory body, found that more than a quarter of those surveyed were...
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Q&A with Paul Reeley Store manager of the week
Who are your biggest competitors? Our main one is Tesco which is currently undergoing an extension. There's also an Aldi in Sudbury but our customers are extremely loyal to the Waitrose brand. Would you like to change anything...