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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Aug- 2023 -10 AugustAnalysis
Greggs’ recipe for success
By May 2023, Greggs’ sales had shot up by nearly a fifth compared with the same time in 2022, as its offering of sausage rolls and pasties remained “compelling” to customers during the cost-of-living crisis. In the spring of this year, the country-wide chain of bakeries also revealed that hot…
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1 AugustFood and Drink
Greggs profits jump 14.2% to £63.7m in H1
Bakery retailer Greggs has revealed that its underlying profit before tax excluding exceptional items increased 14.2% to £63.7m in the 26 weeks ended 1 July. This comes as the group’s total first-half sales increased 21.5%, with company-managed shops experiencing a like-for-like increase of 16%. Meanwhile, an underlying earnings growth of…
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Jun- 2023 -28 JuneComment
Why plant-based menu items don’t need to reinvent the wheel
It’s time for restaurants to look more critically at their plant-based menus, specifically when it comes to meat-alternatives. You only need to visit your local high street chains to see that while some serve a decent array of vegetarian and vegan options, most fall short in their meat-alt offering, where…
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15 JuneNews
Costa Coffee and Wendy’s to open at Ram Jam Services
Costa Coffee and Wendy’s have recently signed up two new leases for retail space at Godwin’s newest roadside development Ram Jam Services. Costa Coffee has taken a 1,788 sq ft unit whilst Wendy’s, via its franchisee Blank Table Ltd, has signed up to 3,305 sq ft. These deals follow Godwin’s…
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May- 2023 -16 MayNews
Greggs sales rise 17% to £609m in Q1
British bakery chain Greggs has reported 17.1% like-for-like sales growth during Q1 of 2023. Total sales in the 19 weeks to 13 May 2023 were £609m, compared to £495m for the same period last year. The group said this year’s quarter results performed better than the same period last year,…
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9 MayNews
Greggs partners with SSP to open Cardiff Airport site
Greggs and SSP have recently partnered to open a new unit at Cardiff Airport, the first reveal of many planned improvements to the passenger experience at the location. The unit is located on the first floor before the security checkpoint, providing a great convenient option for travellers coming through the…
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Apr- 2023 -20 AprilBusiness
Buyout firms eye joint Subway bid
Some of the world’s biggest buyout firms are exploring the possibility of a joint bid for Subway for around $10bn (£8.3bn), according to Sky News. Advent International, Bain Capital and TPG are considering teaming up in a so-called “club deal” as the second round of bidding comes to a close.…
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Mar- 2023 -7 MarchCafes and Coffee Shops
Greggs sales rise 23% in FY22
Greggs has welcomed a strong performance in FY22, with total sales up by 23% to £1.5bn, and like-for-like sales in company-managed shops up by 17.8% year-on-year. Over the period, pre-tax profits were also up 1.9% to £148.3m, against £145.6m the prior year. It comes as the group reported a “record”…
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Feb- 2023 -23 FebruaryFeatures
The Salad Project: London wants to eat healthy now
What experience do you have within the hospitality industry? I’m 29 years old and I’ve only ever worked in this industry. I have literally never done anything else, not even a summer internship in insurance or anything of the sort. I even studied hospitality management at university in Switzerland. Honestly,…
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Jan- 2023 -5 JanuaryCafes and Coffee Shops
Greggs sales surge 23% in FY22
Greggs has announced that its FY22 sales were £1.5bn, an increase of 23.0% compared with the equivalent period in 2021 (£1.2bn). During the 52-week period, like-for-like sales in company-managed shops were 17.8% higher than sales seen in 2021, with fourth quarter like-for-like sales in company-managed shops growing by 18.2%. It…
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