Iceland
This coverage focuses on Iceland’s operations and strategy in the UK retail sector, including store performance, product innovation, marketing campaigns, leadership decisions, and sustainability efforts. Reporting examines how Iceland addresses consumer trends, competitive pressures, and operational challenges — providing insight for executives, managers, and professionals in grocery, frozen food, and value retail.
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Mar- 2021 -22 MarchSupermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to repay business rates relief, according to The Sunday Times. The company’s recent investor presentations revealed that Sir Malcolm Waker, Iceland’s founder, used £141m to purchase former shareholder Brait and acquire…
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3 MarchSupermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to remain home during lockdown. According to the latest figures from Kantar, UK grocery sales also rose by 12.5% in the 12 weeks to 21 February 2021. Nearly a quarter of…
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Feb- 2021 -18 FebruarySupermarkets
Iceland sacks director over offensive comments about Wales
Iceland has sacked its director of corporate affairs, Keith Hann, after he made a series of offensive comments about Wales. Hann who joined the supermarket in 2017 was fired from his position after he stated on Twitter: “Your periodic reminder that the inhabitants of the UK’s Celtic fringe loath all…
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Sep- 2020 -15 SeptemberSupermarkets
UK supermarket sales begin to stabilise
After a period of “accelerated growth”, UK supermarket sales have begun to stabilise, but Brits now shop for groceries online more frequently, according to the latest data from Nielsen. FMCG sales growth at supermarkets has continued to plateau to +5.3% over the last four weeks ending 5 September. However, the…
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9 SeptemberNews
Iceland creates 3,000 jobs to meet online demand
Iceland has created 3,000 new jobs to cope with the extra demand for online shopping deliveries since the beginning of lockdown, according to the company. The supermarket chain has increased the number of delivery drivers and in-store staff for picking online orders in recent months. Online delivery orders have soared…
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Aug- 2020 -18 AugustSupermarkets
Grocery growth slows as market eases out of lockdown
The latest grocery market share figures from Kantar show take-home grocery sales growth slowed to 14.4% year on year during the 12 weeks to 9 August 2020. Kantar said the figures show the market is beginning to move away from the “heady heights” of the lockdown period, with a grocery…
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Jun- 2020 -9 JuneHigh Street
Iceland founder and CEO take full ownership after buying 63% stake
Frozen food retailer Iceland has announced that its founder and executive chairman Sir Malcolm Walker and chief executive officer Tarsem Dhaliwal have taken full ownership after buying out the entire shareholding of the company’s sole external investor Brait. Walker and Dhaliwal have bought Brait’s shareholding in Iceland Topco, representing 63.1%…
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May- 2020 -1 MayCoronavirus
Iceland boss hits back at HMRC over minimum wage probe
The boss of Iceland has hit back at HMRC for “harassing” the business in regards to a previous minimum wage tax dispute amid the ongoing coronavirus pandemic. According to the Times, Sir Malcom Walker, who founded the businesses over 50 years ago, said in a letter that HMRC should be…
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Mar- 2020 -3 MarchSupermarkets
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according to new data from Nielsen. Fast moving consumer goods (FMCG) sales at the top four supermarkets also returned to growth during the month, despite sales in general merchandise declining by…
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Feb- 2020 -28 FebruarySupermarkets
Aldi removes single-use plastic lids from own-label products
Supermarket Aldi has announced it is removing all plastic lids on its own-label products, as part of its ongoing campaign to reduce single-use plastics. From March, the UK’s fifth-largest supermarket will stock products such as ready-to-drink coffee and own-label fresh cream without “unnecessary” plastic lids in over 780 stores across…
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