Skip to content
Sign In Subscribe
Financial Times — Companies — Retail — Uk Retail Results — Greggs Plc — Oliver Barnes

Greggs to open 150 stores despite high costs

UK bakery chain Greggs is to open 150 new stores this year despite cost inflation persistently high at 9-10%. Total sales up to £1.5bn, pre-tax profits grew 1.9% year on year to £148mn.

1 min read
  • UK bakery chain Greggs to open 150 new stores this year.
  • Cost inflation will remain stubbornly high at 9-10 per cent this year.
  • Greggs increased prices by 5p-10p twice last year.
  • Total sales for Greggs up to £1.5bn last year.
  • Pre-tax profits grew 1.9% year on year to £148mn.
Greggs to open 150 stores despite high costs
UK bakery chain warns of persistently high energy and wage bills
Financial TimesOliver Barnes

More in Retail

More in Companies

More from Financial Times

Latest