Best Served Cold av Malcolm Walker

349,-

Kjøp

This is the dramatic story of the ups and downs of a born entrepreneur. Malcolm Walker was born in the West Riding of Yorkshire in 1946. With fellow Woolworth''s trainee manager Peter Hinchcliffe, Walker opened a small frozen food shop called Iceland in the Shropshire town of Oswestry in 1970. Iceland became a public company 14 years later, through one of Britain''s most successful stock exchange flotations of all time, and by 1999 it had grown into a ¿2 billion turnover business with 760 stores. In August 2000, Iceland merged with the Booker cash and carry business and Walker announced that he would step down as CEO in March 2001. In preparation for his retirement, he sold half his shares in the company and left for the holiday of a lifetime in the Maldives. However, while he was away the new management of the company slashed profit expectations, plunging Iceland into a ¿26m loss rather than the ¿130m profit the City had been expecting. Walker was fired and spent three years under inv