Retail news
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Iceland reports record sales
- Posted:
- 10 June 2011 09:51
Frozen foods retailer Iceland today reported a sixth year of growth, with record sales and profits. Iceland, which owns 796 stores, said underlying profits rose 14.8% to £155.5 million in the year to March 2011, with like-for-like sales growth of 2.1%.The company, which also owns the Cooltrader discount food chain, ...read more
Ash cloud clears UK but spreads to northern Europe
- Posted:
- 25 May 2011 09:51
Flights at UK airports returned to normal today after high levels of volcanic ash from the Icelandic eruption cleared UK skies. But airlines, including British Airways, had to axe some German services as the ash cloud moved over northern Europe.There were also concerns that high ash densities could return to ...read more
Jobs fear as Focus DIY closes 120 stores
- Posted:
- 25 May 2011 09:51
Crewe-based DIY chain Focus is to close 120 stores putting thousands of jobs at risk, sources said.The private equity-owned firm, which ran 175 stores and employed 3,920 staff, fell into administration earlier this month.More than 50 of the stores have been sold off but the remaining Focus shops will shut ...read more
Airline chaos as second ash cloud descends
- Posted:
- 24 May 2011 09:48
Flights between Ireland and Scotland were cancelled today as the return of the Icelandic ash cloud threatened travel chaos.Both Ryanair and Aer Lingus halted services to Glasgow, Edinburgh and Aberdeen until at least 1pm.Ryanair said it strongly objected to the disruption under orders from the Irish Aviation Authority (IAA).The IAA ...read more
Iceland Foods "on top of the world"
- Posted:
- 23 May 2011 11:30
Members of Iceland Food's Everest expedition have successfully reached the summit of Mount Everest and planted an Iceland Foods flag at the highest point on Earth for Iceland's Charity of the Year, Alzheimer's Research UK. Climbers Rod Hogg, Justin Packshaw and Graham Duff reached the summit with their Sherpas at ...read more
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