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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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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4 FebruarySupermarkets
UK supermarkets see ‘disappointing’ sales growth in January
Supermarket sales grew by only 0.7% in January 2020, down from 3.3% in 2019, according to new data released from Nielsen. According to the data firm, value sales since Christmas fell at the grocery multiples by 0.3%, with volumes also down 1%. This was exacerbated by inflation, which was only…
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3 FebruarySupermarkets
Iceland launches trial to reduce plastic packaging by 93%
Iceland has revealed it will be reducing plastic packaging by 93% across its range of fresh produce. The trial launched on 22 January in 33 of its stores across London and the South East region and will see the frozen food retailer remove or “significantly” reduce the plastic content in…
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Jan- 2020 -27 JanuarySupermarkets
Iceland launches review of its management structure
Frozen food retailer Iceland has confirmed it has launched a review of its management structure, but has denied that any jobs are at risk. Iceland has confirmed reports it has started a review with a formal consultation process expected to take place within weeks however has claimed that as of…
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7 JanuarySupermarkets
UK supermarkets experience lowest festive sales growth in five years
UK supermarkets have experienced the lowest sales growth over the Christmas period in five years, with sales growing by 0.5% in the last four weeks, according to new data. The data, from data analytics company Nielsen, found that grocery sales reached their peak at £6.2bn over the two weeks to…
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Sep- 2019 -23 SeptemberHigh Street
Bailiffs visit 310 premises a day over business rates, study finds
Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation by the real estate adviser Altus Group revealed that, during the last financial year, for 2018/19, over 78,000 non-domestic properties from shops to restaurants to pubs to factories to offices…
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Aug- 2019 -20 AugustSupermarkets
Supermarket growth remains flat over summer
Supermarket growth remained flat for the 12 week period to 11 August, with all chains barring discount brands Aldi, Lidl and Iceland reporting a drop in sales. Sales at Asda and Tesco who maintain the largest share of the market, shrunk by 1.5% and 1.6% respectively for the period, according…
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Jun- 2019 -14 JuneSupermarkets
Iceland earnings down 8.7% following ‘disappointing’ first half
Frozen food supermarket Iceland has reported an 8.7% drop in adjusted EBITDA to £140.1m, down £13.4m, for the year ending 29 March 2019. The group said the reduction occurred entirely in the first half of the year and reflected sales performance, increased staffing costs as a result of the rise…
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