Dominic Bernard
Dominic is The Grocer's finance reporter.
Contact info
- Tel:
- 01293846512
- Email:
- [email protected]
NewsEnergy drink brand Prime crashes as sales suffer 71% collapse
Prime Hydration UK’s profits also vanished as revenues slumped last year
NewsPartners Group pounces on petfood maker MPM Products in £400m buyout
Partners’ £400m bid represents a 17% jump in MPM’s value since the end of March alone
NewsInsomnia Cookies wins further backing for global growth drive
The on-demand bakery has accelerated plans to open 1,800 bakeries globally over the next 10 years after winning further backing from investors
NewsKellanova shares slip as antitrust rumours circulate
Reports of a “full-scale EU antitrust investigation” into Mars’ $36bn acquisition of Kellanova have cooled excitement for the deal in New York
NewsGrocery sales flop in May, latest retail figures show
A slump in food store sales in May has powered the worst monthly fall in retail sales since December 2023
NewsConsumers gain confidence in economy – but not their wallets
Consumers’ thawing attitude towards the UK economy has powered a modest two-point boost to their overall spending confidence, according to GfK’s latest barometer
NewsMagnavale wins £500m backing for 10-year growth
Cold storage firm Magnavale has secured a £500m loan to pursue growth, following the completion of its new 101,000-pallet cold store near Grantham
NewsPerfectTed tops startup ranking with 500% growth spurt
Matcha energy drink startup PerfectTed’s staggering growth spurt over the past two years has made it the fastest-growing founder-led startup in the UK
NewsTesco credit rating boost follows strong results
Tesco is in good shape to cope with a supermarket price war, according to S&P, leading to an upgrade from the credit ratings agency
NewsActivist investor grabs 5% in ‘attractive’ WH Smith
Activist investment firm Palliser revealed it had built up a near 5% stake in WH Smith, calling the retailer an ‘attractive investment opportunity’
NewsBRC blames ballooning bills for poor May footfall
The BRC has blamed high household bills for May’s “disappointing” footfall figures, as consumers proved reluctant shoppers despite the warmest start to May on record
NewsEvri-DHL merger faces CMA scrutiny
The deal, announced in mid-May, would see Evri acquire DHL’s ecommerce wing in exchange for a minority stake in its own shares