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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Oct- 2023 -10 OctoberNews
Today’s news in brief-10/10/23
Grocery price inflation has fallen for the seventh consecutive month, reaching 11% for the four weeks ending on October 1, 2023. This is the lowest rate since July 2022, based on data from Kantar. During this period, take-home grocery sales increased by 9.1% compared to the previous year, likely influenced…
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10 OctoberSupermarkets
Grocery price inflation falls for seventh consecutive month
Grocery price inflation has fallen for the seventh month in a row to 11% for the four weeks to 1 October 2023, the lowest rate since July 2022, according to new data from Kantar. Over the period, take-home grocery sales rose by 9.1% compared with last year, as people enjoyed…
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9 OctoberNews
Today’s news in brief-09/10/23
Frasers Group CEO Michael Murray has announced a significant shift away from the traditional department store model for House of Fraser. Murray aims to “rethink the space” by incorporating Frasers Group’s own brands and potentially phasing out the House of Fraser brand altogether. This transformation seeks to address previous issues,…
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9 OctoberNews
Waitrose in talks with Amazon over grocery deal
Waitrose is reportedly in talks with Amazon to consider selling groceries on the platform in a bid to regain market share lost to other discount retailers, The Telegraph has revealed. The pair are reportedly considering a new third-party deal, three years after Waitrose severed ties with Ocado. Recently, Amazon struck…
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2 OctoberNews
Iceland boss quits plan to become Tory MP
Iceland boss, Richard Walker, has reportedly quit plans to become a Conservative MP as he accused the party of having “drifted badly out of touch” with the needs of the British people. Walker, whose father founded the supermarket chain Iceland, announced his plans to stand as a Tory MP last…
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Sep- 2023 -25 SeptemberNews
Today’s news in brief- 25/09/23
H&M has reversed its earlier decision to impose a processing fee of £1.99 for in-store returns of online purchases. The initial announcement had been met with public outcry. Now, H&M’s website clarifies that there will be no return fee for parcels returned in-store. However, non-H&M members will still be subject…
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25 SeptemberSupermarkets
Iceland complains to Ofgem over conduct of energy firms
Gas and electricity suppliers have been accused of profiteering and discrimination by businesses including Iceland, The Telegraph has reported. According to reports, British businesses made complaints to Ofgem regarding the behaviour of gas and electricity companies as part of the energy regulator’s investigation into “poor conduct”, which launched earlier this…
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12 SeptemberSupermarkets
Grocery price inflation drops to 12.2%
Grocery price inflation has dropped to its lowest level in over 12 months at 12.2% for the four weeks to 3 September 2023, according to the latest data from Kantar. Take-home sales from the grocers rose by 7.4% compared with the same period in 2022, a slight increase on the…
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Aug- 2023 -15 AugustSupermarkets
Supermarket sales slow as inflation falls
Overall take-home grocery sales increased by 6.5% in the four weeks to 6 August 2023, down from 10.4% last month, as grocery price inflation fell by 2.2 percentage points to 12.7%, according to the latest results from Kantar. Kantar revealed that the prices of some staples like milk have edged…
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Jul- 2023 -18 JulySupermarkets
Supermarkets see largest drop in grocery price inflation since its peak
Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to 14.9% in the four weeks to 9 July 2023, according to the latest data from Kantar. It comes as take-home grocery sales over the same period grew by 10.4% compared…
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