The co-founder of Iceland’s Bonus supermarkets, Johannes Jonsson, has been removed from the board of Hagar following a decision by Arion Bank that both parties’ best interests are no longer served by working together. Read the full story

The Reykjavik District Court has ordered Hagar to pay ISK 315 million in fines for abuse of market position. Read the full story

Iceland’s Arion Banki has decided to list retail giant Hagar on the Reykjavik stock exchange as a public listed company. Read the full story

Representatives of a large investment group wishing to buy Iceland’s Hagar retail business say they have been locked out, claiming to be disappointed on behalf of the man on the street. Read the full story

Icelandic businessman and political campaigner, Jon Gerald Sullenberger promised last December to open a new low cost supermarket in Iceland to rival Bonus. The new store opened yesterday under the name Kostur – but it was not an easy birth. Read the full story