Iceland boss: Absence of government support on energy bills risks job losses and bankruptcy for firms August 23, 2022 Iceland boss Richard Walker has called on ministers to issue more support for businesses struggling with sky-high energy bills. Without a price cap on businesses’ energy bills, smaller firms would surely collapse, the supermarket’s managing director told CityA.M. An absence of further support for businesses was “really serious,” as the colder months approach, Walker said. [...]
Iceland to launch energy labelling on food as households battle sky-high bills August 23, 2022 Iceland will launch energy saving cooking guidance on packaging this autumn, as it partners with an energy firm on providing cost-cutting tips to households. Through a joint campaign, Iceland and Utilita are carrying out a dramatic overhaul of the supermarket’s own-product packaging to focus on energy efficient cooking methods. From early next month, the ‘Shop [...]
Over 60? Supermarket giant Iceland to fight cost-of-living crisis by giving older shoppers 10 per cent discount May 20, 2022 Frozen food chain Iceland is set to introduce a discount for seniors as Britons struggle with soaring prices. The supermarket chain has announced that, from May 24, customers aged over 60 will receive a 10 per cent discount on their groceries every Tuesday with no minimum spend. In order to redeem the discount, senior shoppers [...]
Food sector boss warns of permanent shortages in restaurants and shops September 10, 2021 Shoppers in the UK should expect permanent shortages of products now, according to a food and drink industry leader. The food and drink sector was short of around half a million workers, CEO of the Food & Drink Federation, Ian Wright, told the Institute for Government’s panel on supply chain disruption. The nation would not [...]
Iceland boss: Government Covid test plan ‘pointless solution to Pingdemic’ July 28, 2021 The Iceland boss, Richard Walker, has said that the government’s Covid-19 test plan is a “pointless solution” because it excludes supermarket workers. “It’s only depot and factory workers so that only fixes half the supply chain issue,” Walker told the BBC. Despite daily testing for some sectors starting on Monday, some smaller firms have complained [...]
Supermarket boss says there is no need to start panic buying July 22, 2021 The boss of Iceland has said that there is no need to begin panic buying, but that the “pingdemic” risks shutting stores up and down the country. Richard Walker, managing director of Iceland, told 5Live’s Breakfast show that photographs of empty shelves were “isolated incidents”. Over 500,000 people were alerted by the app in the [...]
Small shops face £1.7bn debt, says report by ex-boss of Iceland July 16, 2021 Small shops are struggling under £1.7bn debt, the former retail chief of Iceland, has warned. Independent businesses’ borrowing increased fourfold during the pandemic, according to the report. While the money borrowed has allowed small shops to survive, the task of paying back the loans still looms over them, said Bill Grimsey, the author of the [...]
Iceland to open borders for fully vaccinated travellers this week March 17, 2021 Iceland will this week open its borders to all visitors who have been vaccinated against Covid-19 without mandatory testing or quarantine. The North Atlantic country hopes more tourists will help revive its pandemic-hit economy. In a statement, the government said it will welcome all fully vaccinated visitors into the country without being subject to border [...]
Iceland to launch new convenience store format Swift this week March 15, 2021 Iceland is preparing to unveil a new convenience store format, with the first branch set to open this week. The frozen food retailer will launch the Swift store concept in Newcastle on Thursday, according to reports. The store will be in a converted Iceland branch and will sell “the full spectrum of grocery” with a [...]
Iceland hires 3,000 workers to keep up with online delivery demand September 8, 2020 Iceland has created more than 3,000 new jobs as the supermarket seeks to meet the surging demand for home deliveries created by the coronavirus lockdown. The budget supermarket announced this afternoon demand for deliveries increased four-fold after the lockdown was announced, with online shopping orders jumping 300 per cent since August last year. Iceland said [...]