Malcolm Walker news, comment and analysis – Page 13
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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
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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...
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Review of the Year 2008
At the start of the year, we said 2008 would be all about the credit crunch. We were right, only it was a crunch far worse than we - or any one else for that matter - had dared predict. As the global banking system reached near-meltdown, no-one in...
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Editor's Comment: If quality was the real battleground, Aldi would have rebranded as Trader Joe
The rise of the discounters this year has been nothing short of extraordinary. At 3.1% Aldi's market share is now close to that of Waitrose (3.6%). To some extent, the discounters have been filling up the space left by Kwik Save's demise,...
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Clock ticking for Woolworths carve-up
The prospects of a buyer emerging to revive Woolworths’ retail business look slim as the clock starts ticking for administrators to seal a rescue plan.
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Editor's Comment: Is it really a rip-off to run products at sale prices for longer than the higher ones?
It isn't the season to be jolly. That's next month. But already, the Christmas bargains are coming thick and fast. As well as 20% off on clothing at Marks & Spencer, this week saw buy one get TWO deals at Morrisons, for example. And while no-one...
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Reasons to be cheerful
Among the daily headlines of bank bailouts, share price freefalls and housing market meltdowns, it's easy to forget there are good news stories out there. So we've devoted the next 14 pages to positive thinking, silver linings, tips on how to survive the credit crunch plus an exclusive interview with ...
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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...
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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
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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...
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Woolworths posts £90m H1 losses
The scale of the task facing new Woolworths chief executive Steve Johnson has emerged after the embattled high street retailer posted first-half losses of more than £90m. Johnson said a "good dose of basic shop-keeping" was required, with Christmas the top priority, after Woolworths today announced that it had racked up losses of £90.8m for the six months to 2 August.
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Why Woolies should take a leaf out of Wilko’s book
If Malcolm Walker succeeds in getting his hands on Woolworths, he’ll be well advised to look at why its rival is doing so well.
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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...
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A new breedof retailers
Organic hot cross buns are the biggest challenge right now for Jana Satchi, co-founder of London's Farmers' City Market. "The cross is the difficulty," he says. "When you use organic ingredients, it sinks into the bun."But after a year...
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What the papers said
?Home-grown food, including the UK honey industry, could be at risk because of a decline in honeybees. The Telegraph reported that honeybees could die out within 10 years as disease spread through the nation's hives, causing "calamitous"...
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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...
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Comment & Opinion
our man from drip Don Pumsey - 26th May 2007
Idon't know what the collective noun for BBC undercover journalists is but I'd imagine Messrs Leahy and King would have a few monosyllabic suggestions. Speaking as a purely impartial Minister of State, my main impression from the Whistleblower show...
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Ones to watch
Helena Hudson set up the The Real Eating Company in Hove after moving to Brighton from London and deciding there was a gap in the market for a high-quality food retailer. Three years on and the influx of organic and specialist food...
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still in the fight
?It's been a tough year for the top overseas and private equity-owned chains - none more so than Kwik Save. Since its split from Somerfield, it has endured the departure of four MDs, plummeting market share, shocking availability and speculation...
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The new order is values-for-money
Listening to Sir Terry Leahy's speech last week on reducing carbon emissions, I pinched myself. A few years ago industry leaders ignored, dismissed or downplayed the urgency of the environmental case. Others just saw an opportunity to flog a few...