All Discounters articles – Page 144
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News
Iceland staff share £14.6m pay rise
Iceland has splashed the cash on a £14.6m pay rise bonanza for its staff, boosting salaries across the company by as much as 45%.
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News99p Stores to make its debut in Ireland
99p Stores is about to beat Poundland to the punch in the Republic of Ireland. Just weeks after Poundland announced it would open its first Dealz store in October, 99p Stores has revealed it will open its first store in the republic next…
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NewsEx-Aldi MD Burger sets up kosher foods supplier Avenue 18
Former Aldi UK and Ireland MD Armin Burger has resurfaced with a new venture selling kosher foods. His new company, Avenue 18, specialises in finding manufacturers and suppliers capable of supplying food products in accordance with…
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NewsLidl: reports of direct sourcing raise hopes
Banana Link has expressed hope that Lidl will take a less price-focused stance in its banana sourcing, following reports that the discounter has switched to direct sourcing of the fruit. Earlier this month, German newspaper Lebensmittel...
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NewsClarke ponders Iceland move as Asda ups small store target
Andy Clarke has said Asda could move for some of Iceland’s estate – but appeared to rule out a swoop for the whole chain. “The estate does not fit our model,” Clarke said yesterday at a former Netto store now converted to the Asda fascia.
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Comment & Opinion
Poundworld hero has pants firmly inside trousers
The makeover in superhero movies is usually more dramatic than in Undercover Boss. No facepaint or titanium vest for Poundworld…
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Comment & Opinion
The cool blue approach to stopping shrinkage
Forensic daily analysis combined with cross-department teamwork slashed stock losses at Iceland, says…
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NewsMorrisons drops biggest hint yet of bid for Iceland
Morrisons appears to have signalled its intention to bid for frozen food retailer Iceland by appointing Credit Suisse as an advisor. Iceland’s majority owners, the officials responsible for the winding up of Icelandic bank Landsbanki, put their 67% stake up for sale in May.
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Analysis & FeaturesFish Special: The start of the line?
The first MSC-certified line-caught fish from Iceland is hitting Sainsbury’s now. Nick Hughes visits the country to see if its tie-up with Saemark presents a blueprint for the future
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NewsBirks goes Undercover to probe Poundworld
Poundworld's marketing director Martyn Birks has gone undercover as part of a Channel 4 reality TV programme to root out problems at the fixed-priced discounter and find ways to boost profits. As part of the Undercover Boss programme,...
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NewsArla bags Lidl’s milk contract for Scotland
Arla has picked up the contract to supply liquid milk to Lidl's Scottish stores after Graham's The Family Dairy failed to match it on price. The Arla contract which will see it supplying milk to more than 90 Lidl stores commenced...
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NewsASA raps Aldi for misleading comparison
Aldi has expressed its "surprise and disappointment" after the ASA banned its 'Swap and Save over 40%' email ad. A complaint to the ASA suggested the ad was unfair and misleading after it compared the price of Aldi's own-label products...
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InterviewsMcMeikan on a roll
Since joining Greggs, Britain’s biggest high-street bakery, chief executive Ken McMeikan hasn’t put a foot wrong. Now he’s selling frozen sausage rolls through Iceland and eyeing another 500 store openings.
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NewsGreggs and Iceland pair up to sell frozen sausage rolls
Iceland has joined forces with Greggs to sell frozen versions of the high street baker’s famed sausage rolls. Ten Iceland stores in Liverpool began selling the bake-at-home sausage rolls today in Greggs-branded four-packs.
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NewsIceland bidders face ‘nuisance and cost’ of restrictive leases
Supermarket chains looking to buy Iceland will be unable to convert “at least 200” of the frozen discounter’s stores into small-format supermarkets without costly and time-consuming changes in the leases, The Grocer understands.
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News
Iceland bidders face ‘nuisance and cost’ of restrictive leases
Supermarket chains looking to buy Iceland will be unable to convert close to half the frozen discounter's stores into small-format supermarkets without costly and time-consuming changes in the leases, The Grocer understands.
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NewsRecord trading for Iceland
Iceland has announced a record year of trading for the year ending 25 March 2011. Pre-tax profits jumped 14.8% up to £155.5m. Sales were up 5.9% to £2.3bn, with like-for-like sales up by 2.1%...
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NewsWalker ‘still favourite’ to take over at Iceland
As newspaper reports confirmed a 'beauty parade' of financial advisors strongly linking Morrisons with a £1.5bn swoop for Iceland, Malcolm Walker is still the favourite to get his hands on the company he founded, a senior City source close to the...
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Comment & Opinion
Under the Adjudicator, retailers won’t know who they are apologising to
It’s difficult to remain focused on a story that drags on and on, but though I suspect torpor will soon set in over the Iceland acquisition…
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NewsIceland’s new coupons offer speedier promos
Having led the way with round-pound price points, Iceland is now looking to stay ahead of the game with a new flexible loyalty promotional strategy. The retailer will use intelligent new technology to allow it to chop and change...