Malcolm Walker news, comment and analysis – Page 12
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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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Fruit and veg complete DBC Foodservice range
DBC Foodservice has launched a range of fresh fruit and veg to help it compete against Brakes and 3663 First For Foodservice.
The range of 70 SKUs means the foodservice provider can now provide its national customer base with a full… -
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DBC confident new contracts will boost sales £30m a year
DBC Foodservice has outlined plans to grow sales by at least 10% over the next year, claiming it has the potential to grow as big as Brakes and 3663 First for Foodservice.
The foodservice provider, which turns over £270m a year, aims to… -
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Ramsden bows out after reviving DBC Foodservice
Andrew Ramsden is to step down as CEO of DBC Foodservice after helping the company recover from its failed merger with Woodward Foodservice. The position will not be filled and DBC will now be run by MD Chris Horne.
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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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The Grocer review of the decade: the Noughties in a nutshell
The decade began with a game of supermarket musical chairs. Somerfield chief David Simons was the first to go, followed quickly by Sainsbury's Dino Adriano, replaced by Alan Smith and Sir Peter Davis respectively...
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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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‘Discounter boom isn’t over – it’s just begun’
The discounter boom is far from over, delegates at The Grocer's first Discounters Conference were told this week. Although the discounters' growth had slowed dramatically over the past year, they were still growing at a faster rate than...
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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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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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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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Will frozen still be hot when economy starts to recover?
Sales of frozen food have rocketed in the past year. But is its popularity sustainable, or will it end at the same time as the recession, asks Alex Beckett
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Profiles
Careers File: Quality trumps cheapness - even during a recession
I felt like a change this month. Why? Well, I watched The Money Programme this week, which was about food shopping in the recession, and as a result felt compelled to swap people watching for food commentating.
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NewsWhat is it about the round pound?
Round pound deals seem to be everywhere these days. Peter Cripps asks why they have suddenly become so ubiquitous and just what is their appeal
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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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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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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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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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Sir Ken rises to 16th on Sunday Times Rich List
Sir Ken Morrison was the grocery industry's biggest winner in The Sunday Times' Rich List last Sunday, with a fortune that rose 11% to £1.6bn.While most people on the list have seen their wealth nosedive over the past year, Sir Ken, founder...