Inside Iceland: A Budget Supermarket

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Inside Iceland: A Budget Supermarket

Christmas is the biggest time of year for all retailers, but especially for Britain's ultra-competitive supermarkets. They have to think about Christmas for at least ten months a year, says Iceland's Head Development Chef.

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Season 1
Brits who are seeking more value for money are buying more frozen food. Iceland is battling to keep its frozen crown as supermakrets look to cash in.
In this episode, with British supermarkets chasing every pound going and under more pressure than ever now that Lidl and Aldi have shaken up the market, the budget chain is under pressure to find new ways to drive costs down.
Sir Malcolm Walker, who founded Iceland 50 years ago, has handed the reins of the company to his son Richard. The 38 year old Managing Director has big plans to build on the £3 billion empire he's been handed, opening new stores and launching new products.
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