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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Jun- 2023 -13 JuneSupermarkets
Aldi sees frozen fish and seafood volume market share soar
Aldi has increased its volume market share of frozen fish and seafood from 12.0% to 14.3% in the 12-week period ending 14 May 2023, according to the latest figures from Kantar. It now sells more frozen fish than any other retailer in the UK aside from Tesco, overtaking frozen food…
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2 JuneSupermarkets
Retail bosses urge government to delay packaging reforms
Retail bosses across the UK are calling on the government to delay recycling reforms that are due to be introduced next year, warning that the reforms will create £1.7bn in extra costs for businesses each year. According to the Guardian, retailers, food producers and trade bodies are lobbying to delay…
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1 JuneSupermarkets
Government’s red tape driving up prices for food firms, warns Iceland
The government’s red tape and regulations are “driving up” costs for British food businesses, Iceland has warned. According to The Times, the company has warned of the cost burdens related to imposed restrictions on promoting foods that are high in fat, sugar and salt. It also said the proposed post-Brexit…
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May- 2023 -17 MayOnline & Digital
One4all partners with Asos and Secret Sales
Multi-store gift card, One4all, has announced two new partnerships with global fashion retailer Asos and premium ecommerce marketplace, Secret Sales. As a result, Asos and Secret Sales now accept the gift card for all online purchases. The online retailers join the group’s catalogue of popular fashion brands including New Look,…
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Apr- 2023 -25 AprilSupermarkets
Grocery price inflation dips as Aldi secures 10% market share
Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded in the previous four weeks, according to the latest data from Kantar. Amid rising prices, both Aldi and Lidl hit new record market shares over the latest 12 week period…
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Mar- 2023 -28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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Feb- 2023 -10 FebruarySupermarkets
Iceland refinancing prospects strengthen amid improved guidance
Iceland has reported a “better than expected” guidance, and as a result, the retailer believes its prospects for a £750m refinancing have improved. The retailer’s latest improved guidance, which was recorded by ratings agency Moody’s, shows that EBITDA is expected to grow by around £115m by the end of the…
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7 FebruarySupermarkets
Credit insurer pulls cover for Iceland’s suppliers amid rising costs
A leading credit insurer has cut its cover on suppliers to Iceland as the supermarket faces growing pressure amid the rise in energy costs. According to the Times, Coface has reportedly pulled its cover on Iceland to zero, following on from Allianz Trade and Atradius who also cut their coverage…
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1 FebruarySupermarkets
Grocery Price inflation hits record 16.7%
Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest level since it started tracking the figure in 2008. Overall take-home grocery sales rose by 5.7% during the 4 week period and by 7.6% over the 12 weeks. Aldi was…
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Jan- 2023 -16 JanuaryPeople Moves
Iceland appoints MD as executive chairman
Iceland Foods has announced the appointment of its managing director, Richard Walker as executive chairman, as his father, Malcolm Walker is to step down from the role. However, it is reported that Malcolm Walker will remain on the board as founder, having launched the family-owned frozen food retailer back in…
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