Greggs
This coverage examines Greggs’ performance and strategy within the UK retail food-to-go sector. Reporting highlights new store openings, menu launches, marketing campaigns, sustainability initiatives, and leadership changes — all analysed for their impact on sales, customer engagement, and competitive positioning. The content is tailored for retail managers, brand executives, and professionals operating in high-street and foodservice retail environments.
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Jan- 2024 -10 JanuaryNews
Today’s news in brief-10/1/24
Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by 9.3%, with Christmas grocery sales up 8.6%. General merchandise sales dropped 0.6%, but excluding the impact of Argos’ closure in Ireland, they increased by 1.5%. The company reiterated its full-year…
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10 JanuaryNews
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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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 AugustHigh Street
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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Jul- 2023 -25 JulyNews
Greggs opens new Gatwick Airport site
Greggs has yesterday (24 july) opened a new shop in Gatwick Airport’s South Terminal, marking the first airport site in London, and eighth airport location in the UK. This is a major milestone in Greggs’ growth strategy, as the group looks to expand beyond the high street to key transport…
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May- 2023 -26 MayNews
Greggs opens first concession with Sainsbury’s
Greggs and Sainsbury’s have recently teamed up to bring customers a new type of concession inside Sainsbury’s Biggleswade petrol station. The partnership, which has created 12 jobs, is the first of its kind but the retailers are expected to open further concessions together later this year throughout the UK. The…
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Mar- 2023 -15 MarchClothing & Shoes
Burberry appoints new chief financial officer
Burberry has announced the appointment of Kate Ferry as chief financial officer and executive director. By early September 2023, Ferry will replace Julie Brown – who after working for Burberry for more than six years will depart the company on 1 April 2023. In her new role, Ferry will have…
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7 MarchHigh Street
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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Jan- 2023 -6 JanuaryHigh Street
LCP Group acquires Gateway Retail Park
The LCP Group has announced it has acquired a Gateway Retail Park in Harwich, Essex – marking more than 20 retail acquisitions in 12 months. The group, which is part of M Core, the acquisitive commercial property collective that has invested more than £160m over 12 months in retail assets,…
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5 JanuaryHigh Street
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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