Home Business News Supermarket has ‘been building up stocks of key lines that could have been at risk, such as frozen meat’

Supermarket has ‘been building up stocks of key lines that could have been at risk, such as frozen meat’

by LLB staff reporter
23rd Sep 21 1:38 pm

Iceland’s managing director Richard Walker has said today that his supermarket chain has plenty of stock ahead of Christmas.

Iceland has been “building up stocks” of key frozen food lines such as “frozen meat,” but warned there could be problems with fresh produce if issues in the industry are not resolved soon.

On Thursday Tesco’s boss warned that Christmas panic buying could be worse than the first lockdown in March 2020.

Walker told Sky New, “We’re fortunate. We’re obviously frozen experts, we’ve got lots and lots of stock.

“I am not overly concerned and certainly there’s no need for customers to panic buy. We certainly don’t want to go back to those dark days.”

“We’ve been building up stocks of key lines that could have been at risk, for example frozen meat,” he added.

Walker said he was “horrified” to find out that 60% of the UK’s CO2 supplies comes from just two plants owned by US-owned CF Industries.

However, he said Iceland has “very tight supply lines” and he is confident that these wil be “uninterrupted.”

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