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Big 8 Foods Ltd history
Big 8 Foods Ltd company history timeline
1970: Malcolm Walker and Peter Hinchcliffe open the first loose frozen foods store.
After acquiring a second shop and a 20,000-square-foot cold storage facility in Rhyl in 1973, Walker and Hinchcliffe put the Iceland concept into high gear.
1981: The company sells a 16 percent share to British Rail Pension Fund for £1.6 million.
In 1983, the company made its first major acquisition when it bought up the failing 18-store chain of St Catherine frozen food centers.
1984: The company completes an initial public offering on the London Stock Exchange.
In the end, Iceland won, barely, gaining 50.09 percent of Bejam's shares in 1988.
The first of the "Iceland at Littlewoods" stores was rolled out in 1993.
Iceland quickly expanded its foodservice division, adding Cold Move, in 1997.
In 1999, Iceland found a new bandwagon from which to trumpet its health-conscious message.
Company co-founder Malcolm Walker stepped down from the chairman's spot in March 2001.
Though 2001 had been something of an bad year for BFG, in the 2001-02 fiscal year the company saw pre-tax profits (before one-off costs) rise from £40.1 million to £42.9 million.
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Big 8 Foods Ltd competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Western Beef | 1968 | $220.0M | 110 | - |
| Grocery Outlet | 1946 | $4.4B | 946 | 107 |
| Buy For Less | 1988 | $5.3M | 25 | - |
| Save A Lot | 1977 | $1.0M | 25 | 129 |
| Old Time Pottery | 1986 | $500.0M | 2,000 | - |
| 99 Cents Only Stores | 1982 | $2.1B | 17,000 | - |
| Mac's Fresh Market | - | $3.7M | 35 | - |
| Fiesta Mart | 1972 | $3.0B | 8,200 | 248 |
| Hi Nabor Supermarket | - | $51.0M | 235 | 5 |
| Foodarama | 1973 | $110.0M | 600 | - |
Big 8 Foods Ltd history FAQs
Zippia gives an in-depth look into the details of Big 8 Foods Ltd, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Big 8 Foods Ltd. The employee data is based on information from people who have self-reported their past or current employments at Big 8 Foods Ltd. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Big 8 Foods Ltd. The data presented on this page does not represent the view of Big 8 Foods Ltd and its employees or that of Zippia.
Big 8 Foods Ltd may also be known as or be related to Big 8 Foods Ltd.