Iceland
Article Abstract:
Iceland is a strong performer among British food retailers, and the sector as a whole has seen its stock price affected by a competition investigation, which creates opportunities for investors. The company is adept at judging consumer moods, and withdrew genetically modified foods in 1988. Iceland has set up an agreement with Bhs to place its foodstores in chains run by Bhs. The company is also developing its catering activities, and has launched an internet shopping service, attracting new shoppers who spend more. The company's pre-tax profit is forecast at 70 million pounds sterling for 2000 by Charterhouse Securities.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Somerfield
Article Abstract:
Spmerfield has seen a drop in volume sales at Kwik Save, and the conversion of Kwik Save to Somerfield stores caused problems so was halted. The company has a new chairman with a good past record.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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A fresh face
Article Abstract:
The strategy of Safeway boss, Carolos Criado Perez, is examined in detail. The company faces strong competition from other supermarket chains operating in Britain, but has undergone a recovery under Criado Perez.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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