more discounter news & analysis – Page 190
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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...
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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...