Greggs
Coverage tracks the growth, strategy, and innovation of one of the UK’s most successful high street food-to-go operators. Reporting includes store expansion into travel hubs and retail parks, extended trading hours with evening menu trials, partnerships with delivery platforms like Just Eat, and development of the click-and-collect app. Insight also covers performance updates, value-led pricing strategy, and shop design evolution, offering a detailed view for operators monitoring scalable, convenience-led formats and accessible brand positioning in UK food retail.
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Jun- 2024 -10 JuneNews
Today’s news in brief – 10/06/24
St Austell Brewery has reported a “record” year where total revenues rose 10% to £229.5m. This comes as the group’s total operating profits for the financial period reached £13.2m, showing a rise of 15% on the previous year. During 2023, St Austell saw inflation reduce from the peak of the…
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10 JuneNews
Greggs to open new production and logistics facility
Greggs has announced it has entered into a lease agreement for a new state-of-the-art frozen production and logistics facility in Derby, Derbyshire. Greggs’ strategic growth plan, announced in 2021, set out ambitious expansion targets requiring investment in significant supply chain capacity. At 12 May 2024, Greggs had 2,500 shops trading…
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May- 2024 -14 MayNews
Today’s news in brief – 14/05/24
Marstons reported a £0.8m underlying loss before tax during H1. However, the group’s revenues increased 5.2% to £428.1m, with good momentum across food and drink sales. The pub group also recorded a 22% increase in underlying pub operating profit to £52.7m, with profit margin increasing from 10.6% to 12.3%. Various…
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14 MayCafes and Coffee Shops
Greggs sales rise 7.4% to £693m in Q1
Greggs has reported that like-for-like sales rose 7.4% to £693m during the first 19 weeks of 2024, as it remains on track to open between 140 and 160 stores for the full year. The group also progressed its strategic growth plan, with delivery sales, evening trade and increased participation in…
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10 MayNews
Today’s news in brief – 10/05/24
Krispy Kreme’s revenues increased 5.7% to $442.7m (£353.2m) in Q1. Organic revenue for the group grew 6.7%, fueled by a 19.4% increase in points of access and the success of global brand activations including Valentine’s Day and St. Patrick’s Day doughnuts. Transactions at pubs, bars and clubs reached a 2024-high…
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10 MayFood and Drink
Greggs opens 2,500th shop in five-year growth plan
Greggs has announced the opening of its 2,500th shop, hitting a “significant” milestone in its estate expansion strategy. This comes as, in 2021, the group launched its five-year growth plan, which outlined its ambition to reach over 3,000 shops across the UK in the long-term. For the rest of 2024…
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Apr- 2024 -19 AprilPeople
Asda appoints new MD for Leon
Leon owner Asda has announced the appointment of the former Tapas Revolution executive, Mac Plumton, as the new managing director of the healthy fast food chain. Plumpton will succeed Ashley Davis, who has served in an interim capacity as MD since November 2023. Davis is set to depart Leon in…
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5 AprilNews
Today’s news in brief – 05/04/24
Majestic Wines has acquired Vagabond Wines out of administration, saving nine of its wine bars from closure. The strategic acquisition provides clarity and job security for 171 Vagabond staff, following a period of uncertainty. Majestic plans to invest in the long-term future of the Vagabond business, with ambitions to open…
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5 AprilPeople
Greggs appoints non-executive director
Greggs has announced the appointment of Tamara Rogers as an independent non-executive director on its board, effective from 1 June. From June of this year, Rogest will also join Greggs’ audit, remuneration and nominations committee. Rogers, who has over 30 years of experience across a range of commercial and marketing…
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Mar- 2024 -5 MarchNews
Today’s news in brief – 05/03/24
Greggs reported pre-tax profits of £188.3m for 2023, as sales increased 19.6% to £1.8bn. The group opened a “record” 220 new shops in 2023 and 75 closures (145 net openings), growing the estate to 2,473 shops as at 30 December 2023. Looking ahead, Greggs expects no change to management’s expectations…
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