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Iceland

  • Iceland boss Malcolm Walker: Which? supercomplaint over supermarket offers was “b*****ks”

    July 17, 2015

    Iceland boss Malcolm Walker – the supermarket sector's answer to Michael O'Leary – has blasted the Which? supercomplaint over misleading deals as “bollocks”.    The consumer group took a petition signed by more than 100,000 to the Competition and Markets Authority earlier this year, claiming it had found examples of “dodgy special offers” that led [...]

  • Malcolm Walker’s many lives: How Iceland hopes to fight off profit slump

    June 10, 2015

    Malcolm Walker has more business lives than a cat. He built his frozen food empire Iceland from a humble shop in Shropshire in 1970 into a £2bn turnover business 30 years later, before hitting a financial iceberg.    Walker was forced to step down as chairman in 2001 after the Financial Services Authority launched an [...]

  • Iceland makes return to public markets after £950m refinancing

    August 31, 2014

    ICELAND is set to report its first quarterly trading update to bondholders this month after completing a £950m refinancing that saw the frozen foods retailer return to the public markets for the first time in almost a decade. The grocer, which runs 833 stores and franchises in UK and Europe, placed £950m of high yield [...]

  • Iceland moves back into white goods market with online tie-up

    November 27, 2013

    FROZEN food specialist Iceland is moving back into white goods by starting an online appliances store in partnership with DRL Limited – the parent company that launched Appliances Online more than 10 years ago. Iceland stopped selling non-food products in 2009 when chief executive Malcolm Walker decided to close its in-store electricals showrooms and use the [...]

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