Iceland news and analysis – Page 37
-
News
Irish economic crisis tempts Iceland back after a five-year gap
Iceland is set to become a major player in the Irish grocery market once again, five years after a shock withdrawal that gave staff just 24 hours' notice before its outlets in the Republic were closed down. The return has been...
-
News
‘No more skiving’: Walker poised for buyback of Iceland
Iceland boss Malcolm Walker joked this week he had been guilty of "skiving" after four years of stellar growth, but declared his eyes were firmly back on the prize with plans to buy back his business. Walker's admission came at the...
-
Comment & Opinion
The best comeback since Lazarus
Never go back, they say. That truism is given the lie by the triumphant homecoming of Iceland founder Malcolm Walker.
-
News
Iceland unveils pub grub and gastro ranges
Iceland has launched new ranges of pub- and restaurant-style ready meals to bolster its takeaway offer.
-
News
A frozen food chain? Iceland growth is all in fresh and ambient
Iceland's double-digit growth is almost entirely in fresh and ambient, data from Kantar Worldpanel has revealed. In the 12 weeks to 14 June Iceland's sales grew by 11%, with 5.8% from fresh and chilled sales, 2.1% from ambient sales and...
-
News
Iceland Foods appoints Valtysson as chairman
Iceland Foods has appointed a new chairman after Jón Ásgeir Johannesson stepped down to defend himself against a lawsuit.He was replaced by another Icelander Baldvin Valtysson, head of the London office of Icelandic bank Landsbanki and...
-
News
New chair for Iceland as Baugur founder steps aside
Iceland Foods has appointed a new chairman after Jon Asgeir Johanneson stepped down to defend himself against a lawsuit.
-
News
Errington takes over as MD of Cooltrader
Andrew Errington has been promoted to the role of MD at Cooltrader, the discount chain founded by Iceland CEO Malcolm Walker.Errington has been trading director since the company was formed eight years ago. His promotion is part of a...
-
News
Mister Frozen
With his Iceland business on a roll and a host of new opportunities on the horizon, Malcolm Walker is proving one cool trade. Peter Cripps meets him
-
News
Aim targeting more Iceland sites in Dublin
Independent cash & carry Aim has opened a second Iceland franchise store in the Republic of Ireland.Aim opened its first store in Ballyfermot, Dublin, in January and has now added a second in the Finglas area of the city.
-
News
Walker rebuffs Brakes’ bid for DBC Foodservice
Brakes has attempted to buy its rival DBC Foodservice but been told the company is not for sale, The Grocer can reveal.Iceland boss Malcolm Walker, one of the main shareholders of DBC, confirmed Brakes had made an approach in the past...
-
News
Deloitte under scrutiny over sale of Bakkavor stake
Deloitte, the accountancy firm, has come under scrutiny in Iceland over its advisory role in the sale of a major stake in Bakkavor, one of the UK's biggest supermarket suppliers, the Daily Telegraph reports.
-
News
Walker snapped up Woodward for a quid
Iceland boss Malcolm Walker paid just £1 in cash to purchase DBC Foodservice's parent company the Woodward Group in May, according to accounts filed this week.The sum, paid to DBC's previous owners Baugur and Fons Eignarhaldsfelag, was...
-
News
As Nature Intended fails in Manchester
As Nature Intended, the organic supermarket chain founded by Iceland boss Malcolm Walker's daughter, has closed its store in Hale near Manchester due to lack of demand from northern customers. "It wasn't successful and it wasn't worth us...
-
News
DBC headhunts four new directors in top team restructuring
DBC Foodservice has restructured its senior management team to help it take on market leaders Brakes and 3663.The wholesaler, which was bought by Iceland boss Malcolm Walker and two members of his board in May, has headhunted four new...
-
News
Picture This... Face of iceland is left out in the cold
Iceland had just finished filming its next ad campaign with Kerry Katona when allegations emerged that she had abused cocaine and it was forced to drop her. The frozen food specialist is now going back to the drawing board to see how much of the ads...
-
News
Haddock price set to rise as Iceland's quota is cut
Shoppers are facing higher prices for haddock as a result of falling Icelandic supplies, experts have warned.
-
News
DBC aims to compete aggressively to win high-street contracts
DBC Foodservice's new owners at Iceland Foods want to add at least £30m to its annual turnover by taking on giants Brakes and 3663 First for Foodservice.The wholesaler plans to "annoy the market" by aggressively competing for high street...
-
News
Iceland profits soar as people turn to frozen
Iceland Foods has broken the £2bn sales barrier for the first time as cash-strapped consumers flock to the frozen food specialist in the recession.This week it reported sales up 16% to £2.1bn and pre-tax profits up 84% to £113.7m for the...
-
News
Editor's Comment: Is the discounter boom over?
Sustaining the discounters' godlike levels of growth - which saw Aldi's sales up 25% in 2008, while Lidl, Iceland, Farmfoods and others also enjoyed double-digit gains - was never going to happen.