Malcolm Walker news, comment and analysis – Page 11
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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 “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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Record 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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News
Walker ‘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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News
The Grocer Power 100
Who are the most powerful figures in the grocery industry today? The Grocer team undertook exhaustive research to determine the key players, from the bosses of the biggest retailers and manufacturers to opinion formers, commodity traders, bankers, celebrity chefs and NGOs. After weeks of painstaking deliberations, we present the rankings, ...
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The big grocery money in the Rich List ranks
Galen and George Weston, whose family interests include ABF the Kingsmill to Primark conglomerate as well as stakes in Selfridges and Fortnum & Mason, were once again the highest ranking food and drink figures in The Sunday Times Rich List,...
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News
What’s behind the amazing resurgence of discounters?
They are grabbing market share gains as they wow shoppers with quality and value, but does their financial model restrict further growth, asks James Halliwell
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Comment & Opinion
Is Iceland about to melt away?
If Malcolm Walker and co decide not to buy Iceland, it could well disappear.
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News
On Everest, Walker hits out at Iceland rumours
Malcolm Walker has slammed the speculation surrounding the sale of Iceland from his base camp on Mount Everest, as he prepares to scale the highest mountain in the world to raise £1m for charity.
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Comment & Opinion
Will Malcolm Walker be frozen out in Iceland’s sale?
As supermarkets and private equity types run the sliderule over Iceland, in anticipation of a summer sale, maverick founder Malcolm Walker is making another of his (suitably) icy expeditions.
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News
Burrell takes company secretary role at Iceland
Jayne Burrell has been appointed as Iceland's company secretary effective from 1 April, taking over from Iceland veteran John Berry, who has been in the role for 22 years. "I am really excited about the challenge" said Burrell, who is...
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News
Customer Satisfaction Index: Good service isn’t dead
It is looking positively perky, despite the scepticism of Mary Portas. A new survey reveals increased satisfaction levels, with supermarkets coming out on top. Rob Brown reports
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Comment & Opinion
Muscling in
Just a couple of months ago Malcolm Walker was making optimistic noises about retaking control of Iceland, the chain he set up, then left, and has since restored to significant growth.
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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...
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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.
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News
The Grocer Cup: Who is your star of 2010?
It’s been a year of extraordinary change, personnel-wise, in the grocery industry. But a number of executives have stood out for their management in these challenging times. In the countdown to the 12 October IGD Food Industry Awards, we want you to pick the winner of The Grocer Cup for ...
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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...
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Comment & Opinion
Don Pumsey: a DRIP retrospective
After offending and delighting readers in equal measure, the satirical column of Don Pumsey – at the Department of Retail Infrastructure and Pricing (DRIP) – ended last week as a new era opens for politics. We look back at the wit, wisdom, wanton spending and idle wickedness of a legend
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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...
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News
Power List 2010: Power vacuum
The past year has seen an extraordinary shift in the balance of power. With the toughest market conditions since the early 90s, coalition politics, the euro on a precipice and markets in confusion, the new leaders are struggling to fill the void




