Iceland news

23 June 2020
In the 12-weeks prior to 14th June take home grocery sales grew 13.7% year-on-year, according to the latest figures from Kantar. This is a slight slow down from the previous 12-week period where sales growth was 14.3%. We explore the growth in more detail and look at key retailers' performance. Shopping patterns remain severely disrupted This 12-week period captures the full lockdown period...
09 June 2020
Iceland's founder and executive chairman, Sir Malcolm Walker and chief executive officer Tarsem Dhaliwal have taken full ownership of Iceland after buying out its remaining external investor Brait. The next step in Iceland's future Iceland has been owned by various parties throughout its history, with Brait undertaking a management buyout in 2012. The South African investment company had a ...
27 May 2020
The 12-week period to 17th May saw grocery sales rise 14.3%, the fastest rate since comparable records began in 1994, according to the latest figures from Kantar. We look at the results in more detail and performance from key retailers. Shoppers conducted fewer, larger shops The 12 weeks to 17th May included the pre-lockdown rush to the shops in March and eight weeks of stay-at-home advice....
22 May 2020
Iceland has released its first public Food Waste Report, announcing a 23% reduction in food waste and a new nationwide food redistribution initiative. Zero food waste sent to landfill Source: Iceland Food Waste Report Iceland has reduced its food waste by 2,500 tonnes over the last two years. The retailer has done this using the 'target, measure, act...
19 May 2020
Spain-based Alcampo pledges to reduce food waste by launching a service in Madrid with Too Good To Go. Furthermore, it has partnered with Oxfam International reinforce its FairTrade products. Separately, Iceland claims it has reduced its use of plastic by 29% over two years, while, finally, Albert Heijn has announced plans to launch milk from carbon neutral farms in 2021.    Alcampo expands To...
26 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco opens first NHS Nightingale hospital stores:  Tesco has opened stores at the NHS Nightingale hospital, at London's ExCeL centre and the National Exhibition Centre in Birmingham. Open 24 hours a day and staffed by colleagues from nearby stores, they ...
16 April 2020
We look at what Iceland Foods is doing to meet the evolving challenges of the Coronavirus (COVID-19) pandemic. Increasing home delivery capacity Iceland will be increasing its online capacity 250% according to The Grocer; The retailer will be adding its The Food Warehouse branches to its online service Iceland began adding the larger banner’s stores to its online service last year,...
06 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: GB grocery market sees fastest growth on record. Market growth for the 12 weeks to 22 March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks. . More details ...
18 March 2020
Iceland has announced it is encouraging stores to introduce priority shopping hours to allow the elderly and vulnmerable to shop when it's quieter, where possible. Meeting shoppers needs Priority hours for participating stores will be; Iceland: the first hour of each day The Food Warehouse: 8am - 9am each day  Managing director Richard Walker has said; "We are encouraging o...
11 March 2020
Iceland has released results showcasing its progress on removing plastic from its private label range. 29% reduction in plastic usage The reduction to date represents 3,794 tonnes. This has been driven by high-volume lines such as frozen ready meals, where packaging has been switched from non-recyclable black plastic into paperboard-based trays. Iceland has also said it has made signific...