All articles by Dominic Bernard – Page 13
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NewsEgg processor Bumble Hole acquired by Hardeman
The companies were now more ‘agile, resilient, and ready to lead in a rapidly evolving market’, according to Ton Gielen, CEO of The Hardeman Egg Group
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Analysis & FeaturesWill workers’ rights bill trigger ‘flurry of tribunals’?
Unions say it doesn’t go far enough; businesses want it softened
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NewsReturn to growth provides shot in the arm for THG shares
Shares in THG have rallied to a three-month high after the business returned to growth in Q2
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NewsEuropean Commission opens investigation into Mars-Kellanova deal
Preliminary investigations raised fears the Mars-Kellanova deal could lead to higher prices on shelves
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NewsRetail distress surges to highest level since financial crisis
Tight credit conditions, cost inflation and weak consumer demand have contributed to a sharp rise in financial distress in the sector
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NewsRTD maker Pimentae secures £1.5m backing for retail expansion
The investment will be used to scale the brand into new retailers, add new brand activations and digital media presence, as well as accelerate its rollout into Europe
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NewsTHG beats fears to deliver ‘much improved’ performance
Myprotein is anticipated to deliver THG around £170m this financial year
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NewsHeatwave sparks healthy eating sales boost
Yoghurt and berries were among the biggest winners as summer got off to a hot start
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NewsEnergy drink brand Prime crashes as sales suffer 71% collapse
Prime Hydration UK’s profits also vanished as revenues slumped last year
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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
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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
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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
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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
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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
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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
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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
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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
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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’
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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
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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