Iceland news

07 September 2021
As frozen food specialist Iceland launches its largest range of new products, we look at developments from the retailer and look at how the frozen food sector is evolving. 250 new lines Iceland has added 250 lines to its range, made up of brands and private label. This includes 19 new products developed with Ed’s Dinner, the fast-food chain. The retailer has also partnered with Italian r...
25 August 2021
We visited frozen food specialist discounter Oops in Preston to see what it had to offer. About Oops The first Oops opened in October 2020 in Bolton. Since then, it has opened a further three stores. The retailer originally sold surplus food from major manufacturers struggling to export to Europe following Brexit. Now, this makes up around 25% of its stock. Oops repackages some of the...
18 August 2021
The GB market declined 4% on 2020 in the 12 weeks to 8 August, according to the latest results from Kantar. In the latest four weeks, the sales decline was less, at 0.5%. More frequent shops, with smaller baskets continues Consumers have been steadily returning to pre-pandemic shopping habits, making smaller, but more frequent trips to the shops. Shoppers made an additional 108,000 trips...
28 July 2021
Frozen food specialist Iceland has released its results for the 52 weeks ending 26 March 2021. We look at the figures in detail and give a view on what 2021 holds for the retailer. 2020 saw strong sales growth… In Iceland’s FY2020 sales grew +16.4% to £3,714m, from £3,191m. The positive results were driven by heightened demand generated by the pandemic, which was experienced by all major su...
22 July 2021
The GB grocery market declined by 5.1% on 2020 in the 12 weeks to July 11th, according to the latest results from Kantar as the whole period annualised against pandemic-elevated comparatives. Despite this impact and a less-than-expected boost from Euro 2020, sales remained £3bn higher than the same period of 2019, Limited boost from Euro 2020 With many shoppers taking advantage of newfound ...
23 June 2021
The GB market declined 1.6% in the 12 weeks to 13 June, according to the latest results from Kantar. Market growth declines but sales remain elevated This period saw restrictions ease further and the continuation of the vaccine programme rollout. However, as there has not been a complete return to normality this has created a mixed set of results. Despite the market declining, sales remaine...
25 May 2021
The GB market declined 0.4% in the 12 weeks to 16 May, according to the latest results from Kantar. The decline reflects the tough comparisons against record-breaking figures from 2020 and the beginning of the pandemic. Reduced restrictions and the roll out of the vaccination programme has further impacted sales, with shoppers starting to return to their pre-pandemic buying habits. Despite thi...
30 March 2021
The GB market grew 7.4% in the 12 weeks to 21 March, according to the latest results from Kantar. This period sees the annualisation of retailers’ performance against the record-breaking sales of March 2020, when the country went into its first lockdown. Sales over the most recent four weeks were down 3% versus last year, with shoppers making 117m fewer trips to the supermarket than in March 2020...
15 March 2021
UK frozen food specialist retailer Iceland has confirmed that it is opening a trial store in a new format under the name ‘Swift’. The full proposed specification and plan can be seen in the planning application (see below). Promises fuller grocery range and a ‘fresh, fast and local’ shopping experience Launching on 18 March at Four Lane Ends, Longbenton, Newcastle-upon-Tyne, the store promi...
02 March 2021
The GB market grew 12.5% in the 12 weeks to 21 February, according to the latest results from Kantar. This period included Christmas and the reintroduction of lockdown restrictions, which drove growth. Strong growth is now expected to slow Sales accelerated further in the last four weeks to +15.1%. This was the fastest rate of growth since June 2020. Market growth is however now expected to...