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Old 05-06-2011, 08:06   #23
Tealeaf
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Re: Morrisons new store in Accrington

I wonder what will happen to the Iceland store in the Arndale, should Morrison's succeed in buying the chain? For those of you who are not aware, Iceland is owned by a bankrupt Icelandic bank that is having to dispose of it's assets; the bidding process starts shortly but Morrison's have already appointed financial advisors and are first off the block. It could of course, go to ASDA, Sainsbury's or Tesco's or even a third party and the retail estate split up; even the brand name could be kept.
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