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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Mar- 2024 -5 MarchFood and Drink
Greggs profits and sales soar
Greggs has reported pre-tax profits of £188.3m for the 52 weeks ended 30 December 2023, compared with £148.3m from the previous year. Its sales also increased 19.6% to £1.8bn and its underlying profit before tax excluding exceptional income was up 13.1% to £167.7m. The group opened a “record” 220 new…
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Jan- 2024 -10 JanuaryNews
Today’s news in brief – 10/01/24
Greggs plans to open between 140 and 160 new shops in 2024, as total sales in FY23 increased 9.6% to £1.8bn. The food-to-go retailer saw a 9.4% increase in like-for-like sales during Q4 of the year. By the end of the year, Greggs had extended its delivery service with Uber…
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10 JanuaryFood and Drink
Greggs to open 160 new stores as FY23 sales rise
Greggs has revealed it plans to open between 140 and 160 new shops in 2024 as total sales in FY23 increased 9.6% to £1.8bn. The food-to-go retailer saw a 9.4% increase in like-for-like sales during Q4 of the year, which the company said was driven by the popularity of the…
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Dec- 2023 -6 DecemberNews
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division. The transaction agreed by EG Group – the largest KFC franchisee in the UK and Ireland – is an additional…
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1 DecemberNews
Today’s news in brief – 01/12/23
The RMT Union has approved a pay deal from the Rail Delivery Group, halting strike actions until at least spring 2024. The accepted offer includes a 5% pay rise retroactively applied to 2022/23 and a guarantee against compulsory redundancies until the year-end in 2024. While RMT has ceased strikes, Aslef,…
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1 DecemberNews
Greggs and Fenwick launch Bistro Greggs pop-up
Family-owned department store Fenwick is collaborating with leading food retailer Greggs on a pop up at Fenwick Newcastle. Launching on Friday 1 December, and running to New Year’s Eve, Bistro Greggs will be an all-day dining destination, from 9am to 8pm serving breakfast, brunch and lunch dishes from a Parisian-inspired…
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Oct- 2023 -10 OctoberNews
Today’s news in brief – 10/10/23
Pubs see increased spending in September as restaurants struggle. Consumer card spending in UK pubs saw a 6.1% rise in September, likely driven by the Rugby World Cup. Meanwhile, restaurant spending fell 10.8% compared with the previous month, and takeout spending increased by just 6.5%. In a survey, 44% of…
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10 OctoberNews
Greggs opens first café in Sainsbury’s
Greggs and Sainsbury’s have joined forces to launch the first Greggs café inside a Sainsbury’s store. The new Greggs café, which opened in Sainsbury’s Crystal Peaks and created 15 new jobs for the area, is the third Greggs shop to open in partnership with Sainsbury’s, following the successful launch of…
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3 OctoberNews
Today’s news in brief – 03/10/23
Greggs reported a 20.8% increase in total sales for the 13 weeks ending 30 September. Company-managed shop like-for-like sales also rose by 14.2%, driven by extended trading hours and increased app usage. Evening trade contributed to 8.8% of sales, and 13.1% of transactions were made through the Greggs app. The…
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3 OctoberBusiness
Greggs Q3 sales up 21% amid store openings and extended trading hours
Greggs has announced that its total sales rose 20.8% for the 13 weeks to 30 September 2023. Alongside this the company-managed shop like-for-like sales were up 14.2% as a result extended trading hours and increased app usage. Evening trade represented 8.8% of company-managed shop sales while 13.1% of company-managed shop…
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