Archive of all Greggs articles – Page 4
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NewsMedia Bites 19 April: Planet Organic/Sainsbury’s, THG, eggs
Sainsbury’s has joined a queue of bargain-hunting shoppers examining a last-ditch rescue of the Planet Organic brand
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NewsGreggs to roll Eco-Shop features out to 400 stores this year
Greggs opened its first Eco-Shop format in Great Billing, Northampton in July 2022
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NewsCity News: Greggs shares under pressure as stubborn inflation eats into profits
It was mixed picture for Greggs this week as the high street bakery chain revealed a 23% jump in 2022 revenues to £1.5bn but a mere 1.9% increase in pre-tax profits to £148.3m as soaring inflation ate into the bottom line.
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NewsMedia Bites 8 March: Greggs, Premier Foods, salmon farms
Coverage of Greggs’ annual results makes all the papers this morning.
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NewsCity snapshot: Record store openings drive sales boom for Greggs
Revenues at Greggs have soared as the high street bakery chain opened a record number of new shops in 2022
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NewsCity News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
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NewsGreggs opens 30th Outlet shop selling discounted day-old food
Greggs’ Outlet shops, which first launched in 1972, aim to help those on tight budgets, in socially deprived areas, while also reducing food waste
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Comment & OpinionThe Secret Genius of Modern Life: Hannah Fry guides viewers through mysteries of ordering apps
Deliveroo’s Will Shu owes all his success to a small gang of grannies from Gateshead. Sort of
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NewsThis partners with Greggs to launch ‘turkey-free’ Christmas baguette
The sandwich comprises ‘hyper-realistic’ turkey-free goujons with a sage and onion crust, cranberry sauce and vegan gravy
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NewsGreggs charitable arm to teach 50,000 children about food security
The foundation aims to deliver one million hours of education to year two and three children in 770 UK schools
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NewsMüller secures two-year fresh milk contract with Greggs
The deal builds on an existing partnership between the two businesses, which has seen the dairy company supply Greggs in Scotland for the past four years
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NewsCity snapshot: Greggs posts double-digit quarterly growth amid surging inflation
Greggs posted growth of 14.6% in its third quarter as it continues to grow its store estate, but cautioned over the impact of economic uncertainty and significant cost inflation
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Comment & OpinionLondon listing could enable Cooks to make the most of a tough time for coffee
Cooks’ estate allows it to capitalise on hybrid working patterns in the UK and Ireland
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NewsCity News: Greggs reassures market after it raises prices
The threat of soaring inflation and its effects on consumer spending have weighed on Greggs shares all year, but the chain reassured the market this week that price hikes were not putting customers off their sausage rolls
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Comment & OpinionIs the cost of living crisis good news for Greggs and its value-led proposition?
Will shoppers trade down to Greggs or will its target audience actually be worse affected?
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NewsFormer Tesco boss Matt Davies to become Greggs chairman
Davies has already joined the board as an independent non-executive director and will take over from current chair Ian Durant on 1 November
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NewsCity Snapshot: Greggs reports surging sales but profits fall flat amid rising costs
Greggs has reported a 27.1% jump in first half sales, but profits remained stagnant due to the reintroduction of business rates, VAT and mounting costs. Plus, trading updates from AG Barr, Domino’s Pizza Group and Devro.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsAscona Group opens its first Greggs concession
Planning permission is underway for the second Greggs concession to be introduced to its at Holywell Service Station
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NewsCity Snapshot: Greggs recovery continues but cost pressures set to increase
A recovery at Greggs has continued in the first quarter as like-for-like sales jumped 27.4% but the high street bakery chain warned of increasing cost pressures.