All Iceland articles – Page 32
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News
Baugur in administration
Updated: Baugur’s stakes in retailers House of Fraser, Hamleys, Aurum and Iceland have been placed in to administration.
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News
Baugur stakes in retailers seized
Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.
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Opinion
Iceland should cut the Baugur cord
The meltdown of Icelandic investor Baugur has implications for frozen food chain Iceland, and the management need to take charge.
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News
Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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News
Iceland continues to record strong sales growth
Frozen food retailer Iceland recorded year-on-year sales growth of 16 per cent in the 12 weeks to January 26, according to new market research data.
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NewsRaft of retailers snap up 300 Woolworths stores
Grocers, value retailers and fashion players are among those that have agreed deals to take on Woolworths stores.
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News
Iceland sales growth tops 14 per cent
Frozen food chain Iceland stormed ahead of market averages in the 12 weeks to December 27 with sales growth in excess of 14 per cent.
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News
Downturn triggers rise in retail crime
The economic downturn is having a growing impact on shoplifting with thefts at Tesco up more than a third this year.
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News
Baugur boss becomes Iceland chairman
Baugur chairman Jon Asgeir Johannesson has joined the board of frozen food specialist Iceland as chairman.
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Opinion
Iceland’s motivational culture stands it in good stead
The spotlight is firmly on discounters because of their market-beating growth in the food sector. Yet it should also be noted that frozen food retailer Iceland is outperforming the market, too.
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News
Baugur: Food retailers allay concern
Baugur-backed food retailers have insisted that they remain focused on trading despite doubts about the Icelandic investor’s future.
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News
Baugur: end of an era
The end of an era loomed this week with the likely break-up of Icelandic investor Baugur’s portfolio and the end of its influence on the UK high street.
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News
Crunch drives sales at discount grocers
Grocery sales rose 7.3 per cent in the 12 weeks to September 7, according to the TNS Worldpanel grocery market share figures, as inflation fuelled sales.
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AnalysisMalcolm Walker’s magic touch
Malcolm Walker has defied critics with his turnaround of Iceland, but could he do the same with Woolworths? Jennifer Creevy meets him to discover what can be learnt from the chain’s recovery.
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OpinionWoolies needs to do an Iceland
Downturns seem to suit Malcolm Walker. While most retailers are struggling to get to grips with tougher trading, Walker has steered Iceland to its best performance in a decade and managed to find time to make a bid for Woolworths’ retail business too.
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AnalysisDo stars still sell?
With marketing budgets feeling the pinch, retailers may be thinking twice about signing celebrities to front their brand. Charlotte Hardie asks when they’re worth it and how they can be put to best use
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News
Woolworths rejects Iceland takeover approach
Woolworths has rebuffed a takeover approach by Iceland founder Malcolm Walker claiming that it undervalued the retail chain.
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News
Iceland attacks ‘barmy’ CC’s Ombudsman fee
Iceland boss Malcolm Walker has hit out against the Competition Commission (CC) Ombudsman fee, arguing that there should be a sliding scale of payments according to a grocer’s turnover.
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News
Iceland founder hits out at soaring shop crime
“We are plagued with a tidal wave of shoplifting. 50 per cent of the time it turns violent. Our store managers are physically attacked, spat at, assaulted – it’s out of control.”
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News
Iceland eyes Somerfield shops to drive growth as profit flies
Iceland has confirmed it wants to snap up as many as 30 Somerfield stores to further its expansion as it revealed a 4.5 per cent increase in profits.