Iceland news and analysis – Page 38
-
NewsNetto misses out on the discounter switch
All the major discounters and freezer centres apart from Netto have gained sales from other retailers in recent weeks, according to switching data from TNS. Aldi, Lidl, Iceland and Farmfoods have all stolen customer spend from the rest of the...
-
News
Walker's WPD aims to boost clout of DBC
A new company led by Iceland boss Malcolm Walker has completed its takeover of DBC Foodservice and plans to turn it into "the best service-orientated foodservice business in the UK".
-
News
Why is Iceland aiming for another go at foodservice?
Iceland is poised to buy DBC Foodservice. But it has bought a foodservice provider before with limited success, so why again? Peter Cripps reports
-
NewsTesco under fire for misleading labelling of chicken
Tesco has been slammed for its "misleading" labelling of chicken following a consumer poll. More than 10,000 people voted in a Chicken Out! poll on whether labelling of standard own-label chickens sold in Tesco, Asda, Iceland, Morrisons and...
-
News
Iceland set to buy DBC after Baugur collapse
Bosses at Iceland Foods Group are understood to have launched a bid to buy DBC Foodservice after Baugur, which owns a 50% stake in the company, was placed into administration.The Grocer has learned that Iceland Foods' CEO Malcolm Walker and...
-
News
Iceland returns to Ireland with franchise deal
Iceland, the frozen food retailer, is back in the Irish market, almost four years after closing down its stores in the Republic and walking away due to mounting losses.
-
News
Iceland runs missing people photo appeal
Frozen food chain Iceland has launched an appeal with the Missing People charity and will print photographs of vulnerable missing people on the side of its milk bottles. The pictures will appear on four-pint packs, with each person being...
-
News
Green puts bid for Iceland on hold – reports
Sir Philip Green, the retail magnate linked with an approach for Baugur's UK retail interests, has put his interest in the group on hold, according to media reports.
-
News
Woolies is on ice, but what of Malcolm’s own empire?
Malcolm Walker has now ruled out a Woolworths takeover, but the future of Iceland is even more intriguing. Peter Cripps and Adam Leyland report
-
News
Iceland’s Walker tipped to swoop on shares in Baugur
Admitting plans to buy Woolworths have been put on the back burner, speculation is rife that Iceland Foods boss Malcolm Walker is mounting a bid to buy out the business outright. In an exclusive interview with The Grocer, Walker refused to rule out...
-
News
Iceland’s fishing fleet hit by banking crisis
Iceland’s fishing industry is under severe pressure as a result of the country’s banking crisis, producers are warning. The freezing of bank accounts in the Nordic country – which is one of the major exporters of Atlantic cod to the UK – has made it...
-
News
Walker planning Woolies carve up
No more than 50 of Woolworths’ stores would be converted to the Iceland fascia if Malcolm Walker is successful in buying the ailing retailer, a senior retail source has predicted. Woolworths was forced to go public last weekend on its rejection of...
-
News
Iceland caves into revolt
Frozen foods retailer Iceland has backed down in a fierce row over controversial changes to its trading terms. After a supplier revolt, the chain has agreed to withdraw a demand for a 2.75% settlement discount on invoices. It has...
-
News
Iceland's new terms get frosty response
Iceland's decision to extend its payment terms to 90 days and introduce a settlement discount of 2.75% has sparked a revolt among outraged suppliers.The suppliers who spoke to The Grocer have vowed to fight the changes and say suppliers...
-
News
Terms & conditions
Whether suppliers can resist Iceland's demands depends on their relationship with the retailer, according to legal expert Richard Matthews, partner at Eversheds.If there are no written terms and conditions underpinning the trading...
-
News
Suppliers call on inquiry to probe Iceland terms change
Iceland faces the scrutiny of the Competition Commission inquiry after disgruntled suppliers reported the retailer for making radical changes to its terms and conditions without negotiation.Last week we revealed Iceland's holding company...
-
News
Carbon-neutral water makes entrance in UK
The first bottled water with carbon-neutral status is set for launch in the UK. Icelandic Glacial is sourced and bottled at Ölfus Spring in Iceland and has received certification from the CarbonNeutral Company for its production techniques and...
-
News
Ross takes up chair at Food Northwest
Former Iceland boss and one-time Tesco distribution director Stuart Ross has become the first chairman of Food Northwest - the food and drink arm of the Northwest Regional Development Agency (NWDA).His job with the organisation -...
-
News
Relations turn very frosty
Iceland's advertising portrays it as such a friendly and caring place. It's where mums go, isn't it? That may be so, but suppliers felt anything but benign towards the retailer in December when the chain's holding company Icebox...
-
News
Winter chill of discontent hits Iceland
Distribution workers are to put the freeze on deliveries to Iceland stores in London and the south east in the run up to Christmas. Drivers and warehouse staff based at the retailer's depot in Enfield plan a series of strikes after...