Iceland Foods news and analysis – Page 40
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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...
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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...
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NewsNew 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.
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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...
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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.
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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
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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...
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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.
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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...
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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...
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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...
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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...
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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.
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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...
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NewsEditor'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.
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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...
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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...
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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".
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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
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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...