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under review. It features healthy meals, high quality, fresh ingredients and products developed for<br />

this market (squeezed juice and smoothies). Elsewhere, ICA is r-branding its Rimi format,<br />

emphasizing low price, high quality and good service. Some 108 Rimi conversions occurred so<br />

far. Overall, during 2010, some 28 new stores were opened in five countries. The ICA Ekologiskf<br />

organic line is being re-branded under the new ICA I love Eco organic range. Its “love” is depicted<br />

in the shape of a green heart symbol.<br />

Procurement Contacts: Ariella Rotstein, Brand Manager<br />

ICELAND FOODS GROUP LTD.<br />

Deeside, Flintshire CH5 24W, UNITED KINGDOM<br />

Tel: +44 1-244-830-100<br />

Fax: +44 1-244-814-531<br />

www.iceland.co.uk<br />

Total Fiscal 211 Sales: $3.8 Billion (£ 2.4 Billion) +5.9%<br />

Percentage Sales in Exclusive Brands: 80% (E)<br />

Principal Business: Celebrating its 40th year in 2010, Iceland Foods Group is the United<br />

Kingdom’s largest frozen food retailer, acting as the holding company for two frozen food grocery<br />

retailers, 742 Iceland Foods stores and 54 Cooltrader stores. When owned by the Baugur Group of<br />

Iceland, also in this database, the company, was renamed The Big Food Group, and nearly failed.<br />

EB Identities: Iceland<br />

EB skus: N/A<br />

Profile: During the year, this retailer added 21 new stores: 13 Iceland fascia and 8 Coltrader, while<br />

closing one unit, for a net gain of 20 stores, bringing the chains to 796 total stores. Iceland Foods<br />

also launched 200 new products during the year. Iceland Foods, still 67% owned by Landsbanki<br />

the Icelandic bank in charge of bankrupt Baugur Group (see listing in this database), is being put<br />

up for sale in 2011 by Icelandic bank. Iceland’s strong performance make it a likely candidate for<br />

sale: its: net profits, before takes up by 14.8% to £ 155.5 million. During the year, the company<br />

launched a ad campaign featuring the actress Stacey Soloman as spokesperson. Some 15 new<br />

stores are planned for 2011.

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