Iceland news and analysis – Page 43
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Iceland rethinks web service to grab more ABC shoppers
Exclusive Ed Bedington Iceland has completely revamped its online shopping service to attract more sales from ABC consumers. The company has launched an improved home shopping web site, which also supports offline shopping via CD as well as...
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Major players feeling the pressure
By Julian Hunt Further evidence of the pressure under which many of the smaller players in the multiple sector are operating comes in this month's TradeTrak market share figures. In particular, our data for Iceland and the Somerfield group show...
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Triple blow but Iceland says it can stand alone
Iceland Group has suffered setbacks on supply deals with three major customers. Bhs is axing half of its instore Iceland concessions as part of a "reassessment" of its store portfolio. Iceland stores in Bhs outlets in Birmingham, Staines,...
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Iceland ready to launch £250m sale and leaseback
Iceland is looking at opportunities for its property portfolio, including sale and leaseback, as part of its overall strategic review. It is expected to launch a £250m property sale and leaseback programme to help fund its store acquisition...
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Iceland hungry for store sites
Iceland has launched a nationwide property search to find sites for 80 new stores it plans to open in the next three years. The company, which has 760 stores, has identified more than 110 towns and cities in the UK, including locations in Scotland...
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Iceland sales dip is a concern'
Iceland and Morrisons reported strongly contrasting sales figures as they kicked off the round of Christmas period trading statements by the major multiples. A defiant Bill Grimsey insisted Iceland's results were "very good", although he conceded...
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Code comfort for the few
n For key players in the British grocery industry, 2001 could be dubbed the year of recovery. Tesco remained firmly at the top, but Sainsbury started to show real signs of renaissance and Iceland and Somerfield started to pull round. The toothless'...
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Booker's warehouses to be trialled
as picking centres for independents Booker warehouses are to be used as delivered wholesale picking centres for both independent retailers and caterers, as well as depots for Iceland's home shopping service. The Iceland Group, which has changed...
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n From a very naive start up' with an £18K kitchen and a ti
For many, the words frozen food conjure up images of cheap and cheerful products such as peas, pizza and fish fingers. Given that, and the fact that the sector is dominated by the supermarkets and specialists such as Iceland, what potential is...
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New generation depots to feed Iceland delivery
Iceland Group is developing a new hi-tech picking centre to take its home delivery service out of stores and to develop a new level of efficiency. Chief executive Bill Grimsey said Iceland would not be following the model of standalone picking...
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When Iceland founder Malcolm Walker left the company he had
And he did, for about three months, before jumping straight back into the fray with a brand new frozen food venture, Cooltrader. "After leaving Iceland I had intended to retire but I felt the urge to get back into business," Walker says. "That...
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Stepping back into a cold war
Former Iceland founder and frozen food supremo Malcolm Walker thinks there's still plenty of life in the frozen food discounting business. So much so he's even come out of retirement to launch his brand new chain Cooltrader. However, things have...
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Iceland manager admits fraud plot
The trial of a husband and wife charged with conspiring to defraud Iceland ended on its first morning after defendant Terence Mullin, a former Iceland regional manager, changed his plea and admitted two charges of conspiracy to defraud the company...
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Co-op/council alliance launches Store to Door
Oxford, Swindon & Gloucester Co-op has teamed up with social services at Oxfordshire County Council to launch a new home shopping service for the elderly and housebound. The society beat off competition from Tesco, Sainsbury and Iceland to win the...
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The European Commission has given conditional clearance for
Iceland founder Malcolm Walker said his new venture in frozen food got off to a roaring start last week. The first week of trading at the Cooltrader store in Wrexham "went off like a rocket and exceeded all expectations", he said. Unilever has...
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Cash and carry: Don't talk down sector C&C bosses tell Booke
Cash and carry bosses have rounded on Booker for blaming its own lacklustre performance on a declining market. In a letter to The Grocer this week (see p20) Landmark chairman Steve Parfett said the statement in Iceland Group's results that the...
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Executive moves: Brain drain goes on as Asda's Gaunt goes to
Another senior defection to Iceland has added to the brain drain from Asda's top management team. Brian Gaunt, who was Asda's European supply chain director, has joined Iceland as group logistics director, reporting to chief executive Bill Grimsey....
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Multiples: Grimsey's three-year strategy to restore fortunes
Iceland's chief executive Bill Grimsey hopes to transform the chain into the Tesco of high street retailing. His three-year strategy aims to improve availability, customer service and to exploit links with wholesaler Booker and foodservice firm...
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Multiples: Blow for Asda as Iceland gets executive star catc
The defection of Asda's trading director to Iceland is the latest in a series of board departures, marking a continual brain drain from the supermarket chain. Mike Coupe, who takes over from Russell Ford as managing director at Iceland, is being...
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George Greener appointed Iceland's non-executive chairman
George Greener has taken over as Iceland Group's non-executive chairman this week. He replaces temporary figurehead David Price, who was appointed chairman on a temporary basis following the corporate upheavals and departure of Malcolm Walker in...