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Iceland Foods Limited, trading as Iceland, is a British supermarket chain headquartered in Deeside, Wales. [3] It mainly sells frozen foods, including prepared meals and vegetables, alongside non-frozen grocery items such as produce, meat, dairy and dry goods. The company also operates a chain of shops called The Food Warehouse.
Iceland [1] 6 convenience Samkaup ehf. Kr. 2 convenience FESTI hf. Mini Market: 3 convenience none Krambúðin 21 convenience Samkaup ehf. Nettó: 15 discount Samkaup ehf. Samkaup Strax: 1 convenience Samkaup ehf. Kjörbúðin 15 convenience Samkaup ehf. Extra 3 convenience Basko ehf.
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Within just a few years, the chain became the biggest supermarket chain in Iceland. In 1992, another Icelandic supermarket, Hagkaup, bought a 50% stake, and in 1993, Hagkaup and Bónus established a joint purchasing company named Baugur. [3] In 1994, the company made its first investment in Faroe Islands. [4]
Hagar hf. is an Icelandic holding company based in Kópavogur that owns a number of retail and wholesale companies in Iceland, Sweden, and Denmark. Each of Hagar's companies are run individually. As of 2014, Hagar's subsidiaries had a combined 48% market share in the Icelandic food retail market. [1]
Krónan is a discount supermarket chain in Iceland. [1] [2] Krónan has been operating since 2000, and is a subsidiary of the holding company Festi. There are a total of 26 Krónan stores in Iceland. [3] [4] [5]
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The company soon expanded and opened up its first store in the barn. In 1967 Hagkaup opened the first supermarket in Iceland in an old warehouse in Skeifan, Reykjavík, which continues to enjoy great popularity among its customers to this day. The Hagkaup head office is located in Holtagarðar, Reykjavík.