Greggs news and analysis – Page 8
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NewsCity snapshot: Greggs to create 500 jobs as first half sales and profits rebound
Greggs has bounced back to first half profitability as sales recovered due to the relaxation of coronavirus restrictions
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NewsCity Snapshot: Greggs sales recovery continues at stronger-than-expected pace
Greggs has continued to see customers flooding back to its stores in greater than expected numbers since the relaxing of coronavirus restrictions, the high street bakery chain said in an unscheduled trading update. Plus, Coca-Cola HBC acquires minority stake in premium Italian coffee company Caffè Vergnano.
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Comment & OpinionFood to go’s ‘strong rebound’ is set to begin driving innovation again
Morrisons says meal deal sales have surged to above pre-pandemic levels
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NewsCity Snapshot: Greggs profits from easing of lockdown as sales surge
Profits at Greggs look set to return to pre-Covid levels quicker than expected after sales at the bakery chain surged as shoppers flocked back to the high street in April. Plus, a trading update from Hotel Chocolat reveals a strong performance.
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Analysis & FeaturesWhat does the reopening mean for food and drink stocks?
With the FTSE250 at pre-Covid levels, and the FTSE350 actually trading higher, we look at how grocery, retail, leisure and food to go stocks have fared
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NewsGreggs’ frozen range flies as bakery chain’s stores suffer
“Throughout the pandemic, when Greggs was shut, we doubled our sales on that particular range,” said Iceland trading director Andrew Stanilan
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NewsNew Asda Worksop store features sit-down Greggs café
The 37,000 sq ft store features a range of food-to-go concepts, as Asda ramps up its partnerships with out-of-home companies
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NewsCity snapshot: Greggs to cut jobs as sales remain well below pre-coronavirus levels
Greggs has confirmed it will cut staff numbers as its level of custom will remain “below normal for the foreseeable future” as sales remain well down year-on-year. Plus, Hotel Chocolat falls to annual loss, B&M’s sales surge continues and all the rest of the latest news from the City.
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NewsGreggs targets supermarket concessions for growth post-Covid
Greggs has now reopened the vast majority of sites, including four concessions in Asda superstores
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NewsGreggs raises £150m through coronavirus Bank of England finance scheme
Greggs has raised £150 through the government created Covid Corporate Financing Facility.
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NewsCoronavirus: Greggs to close its stores tomorrow as weekly sales plunge 9.9%
Food to go chain Greggs has announced it will close its entire shop estate by the close of business on Tuesday 24 March in response to the coronavirus crisis
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NewsGreggs hints at expanding concessions across big four grocers
CEO Roger Whiteside said today that if the new trial with Asda was a success, other supermarket rivals may be interested
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NewsGreggs hails ‘exceptional’ year but New Year sales slow
Greggs has posted a jump in annual sales and profits following an ‘exceptional’ year for the food to go chain, but admitted it has seen a ‘significant’ slowdown in sales in February due to stormy weather.
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NewsGreggs gifts Stormzy ‘Concierge’ card in Twitter stunt
In a publicity stunt for the bakery chain on Twitter, Stormzy today announced his new “Greggs black card”
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Comment & Opinion‘Piers Morgan’ nabbed in vegan sting
The TV presenter labelled Greggs’ vegan steak bake a ‘con’
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NewsGreggs struggles to meet demand for vegan steak bake
Greggs has launched a ‘Locate a bake’ website where customers can find the nearest store stocking the item
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Comment & OpinionGreggs boss Roger Whiteside’s vegan move could be a Game Changer
Netflix documentary The Game Changers looks like being the Super Size Me of its generation
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NewsCity snapshot: Greggs outlook unchanged as third quarter sales rise
Greggs posted another quarter of sales increase, while analysts predict Tesco’s interim sales to flatline amid strong comparatives and Brexit uncertainty
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Comment & OpinionDon’t write off the Greggs evening meal just yet
On the face of it, a Greggs evening meal doesn’t sound particularly appetising. But don’t underestimate the brand’s powers of reinvention
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NewsCity snapshot: Greggs profits soar on stellar first half sales growth
Greggs first half profits surge on strong sales growth, Reckitt Benckiser’s first half growth sags to just 1%, Greencore third quarter sales fall in “challenging” period and all the rest of the latest news from the City.