Europe's food retailers are braced for a round of consolidation, analysts at J.P.Morgan Cazenove said this week. While the industry waits to see what deals could emerge, Metro Group and Auchan have formed a private-label venture. In the UK, the founder of frozen-foods retailer Iceland Foods is said to want to buy back the company and, in an exclusive interview, we speak to Tim Hurrell, the head of The Co-operative Group's food retail chain.