more discounter news & analysis – Page 192
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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...
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Industrial relations: Walk out threatened in Aldi dispute
Strike action is threatened from next week in a dispute between the Irish shopworkers' union, Mandate, and German discount chain Aldi. The dispute, which is over staff pay and conditions at Aldi's Dublin store, is complicated by the company's...
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Brickbats not bouquets for strange' marriage
Booker's customers have mixed views on the idea of the C&C group merging with Iceland, according to a straw poll carried out this week by The Grocer. And suppliers tell us that the combined company will have no chance of achieving the trading...
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Cash & carries: Wholesale success
Following Booker's merger with Iceland, questions are being asked about the long-term future of the cash & carry sector as we know it. Consultant Dave Turnbull explains Cash & carry operators come in two broad types those that are two weeks away...
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Iceland and Booker: Rose applauded but Iceland investors a
Belinda Gannaway The City applauded Booker chief executive Stuart Rose for his £1bn "merger" with Iceland, this week. But it is not so bullish about what the deal does for the retailer. Iceland chairman and chief executive Malcolm Walker said...
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News analysis: Iceland/ Booker merger: THE BOOKER TRAIL
Booker has been the most determined predator in wholesaling history. It has also shed an armful of businesses since Stuart Rose promised to focus on the core business. When cash and carry trading was in its infancy, the company acquired household...
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News analysis: Iceland/ Booker merger:
Iceland pulls in happy shoppers The Grocer predicted months ago that Malcolm Walker might pull off something big but no one suspected merging with Booker. Belinda Gannaway, Tony Hurren and John Wood assess the deal It's business as usual, say...