Morrisons next to be linked with Iceland deal
Morrisons is the latest major retailer running the rule over Iceland’s estate, according to press reports.
The Bradford-based supermarket is thought to be considering a move for some or all of the frozen specialist’s network of stores, in a bid to develop its convenience offering.
The news puts Morrisons potentially on a collision course with Sainsbury’s, which emerged as an early front-runner in the Iceland sale process.
Property director Neil Sachdev confirmed Sainsbury’s was interested in acquiring some of the stores.
Editor's Comment: Will Malcolm Walker be frozen out in Iceland’s sale? (16 April 2011)
Sainsbury’s sizes up move for Iceland stores (15 April 2011)