Monday, March 06, 2006

Iceland returns to growth after restoring frozen food format

The Guardian, Financial, p. 29

By Simon Bowers

Malcolm Walker, the founder of Iceland who returned to take the business private last year, said yesterday that restoring the focus on "old-fashioned freezer centres" had catapulted it back to growth and allowed him and his backers to recoup all their acquisition financing within a year.
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