more discounter news & analysis – Page 191
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News
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...
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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...