The much discussed auction for the British discount supermarket chain Iceland Foods has been lengthened as two private equity funds who submitted bids have decided to extend their due-diligence process, the Wall Street Journal reports.
Posted on 13 February 2012.
The much discussed auction for the British discount supermarket chain Iceland Foods has been lengthened as two private equity funds who submitted bids have decided to extend their due-diligence process, the Wall Street Journal reports.
Posted in Business, Featured, Iceland, MBL, United Kingdom, United StatesComments (0)
Posted on 29 January 2012.
Second-year students at the Art University of Iceland have caused a stir in Reykjavík by putting advertisements in empty shop windows claiming that H&M and other famous brands will be opening up soon in Iceland.
Posted in Art, Business, Featured, Iceland, International, MBLComments (0)
Posted on 09 January 2012.
The German DIY chain Bauhaus has decided the time has come to open its Icelandic store, which has lain empty since completion in 2008.
Posted in Business, Featured, Iceland, International, MBLComments (1)
Posted on 19 December 2011.
Iceland’s biggest hardware and DIY retailer has been sold after a very rocky period following the economic crash.
Posted in Business, Denmark, Featured, Iceland, MBLComments (0)
Posted on 07 December 2011.
It is predicted that over 5,000 Icelanders will visit Boston this season — the vast majority on Christmas shopping trips. The American city has seldom, if ever before, been so popular among Icelandic travellers.
Posted in Business, Featured, General, Iceland, International, MBL, Society, Travel, United StatesComments (0)
Posted on 19 November 2011.
Frank Michelsen, the Reykjavik watchmaker and retailer whose shop was attacked in an armed robbery last month, says that demand for the recovered stolen Rolex watches is sky high.
Posted in Business, Featured, General, Iceland, International, Lifestyle, MBLComments (0)
Posted on 30 October 2011.
A doll that could make Barbie look fat has been removed from shops in Sweden after a Facebook storm erupted over an upset mother’s snapshot.
Posted in Business, Culture, Featured, General, MBL, Society, SwedenComments (0)
Posted on 06 October 2011.
A Danish department store is to open a bar dedicated solely to nursing mothers after it caused controversy last week by banning breastfeeding altogether from one of its cafés.
Posted in Business, Culture, Denmark, Featured, General, Lifestyle, MBLComments (1)