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03.03.26 - 10:42
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′Peak Greggs′? Bakery chain′s profits slump and sales slow (The Guardian)
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Retailer known for its sausage rolls and steak bakes says it has been resilient in a challenging marketBusiness live – latest updatesGreggs has reported a slump in profits as it bemoaned “challenging” market conditions hitting consumer confidence and disposable income, amid pressure to prove the UK has not hit “peak Greggs”.The high street bakery chain, known for its sausage rolls and steak bakes, said statutory pre-tax profits fell by 17.9% to £167.4m for the year to 27 December, compared with a year earlier. It also reported a slowdown in sales growth over the start of the new year. Continue reading......
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01.10.25 - 13:30
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Greggs to put up price of breakfast deals and other items after weak summer sales (The Guardian)
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Bakery chain hit by sales growth slowdown as July heatwave led to shoppers shunning hot pastriesThe bakery chain Greggs has said it will increase the price of its breakfast deal and a number of other products this week after unusually hot weather hit sales over the summer.The group said its three-part offer, which includes breakfast roll or baguette, a hot drink, and a side, will rise in price from £3.95 to £4.15. The two-part deal, which includes a main item and a drink, will rise from £2.95 to £3.15. Continue reading......
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29.07.25 - 11:36
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UK has not hit ′peak Greggs′, says CEO, as sales slow in heatwave (The Guardian)
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Bakery chain reports 14% drop in first-half profit as shoppers shun sausage rolls and pastries in hot weatherBusiness live – latest updatesThe boss of the UK's largest bakery chain has denied that Britain has reached “peak Greggs”, after reporting a drop in earnings as consumers lost their appetite for baked goods such as sausage rolls and pastries during recent spells of hot weather.Greggs, which operates 2,649 shops across the UK, notched up more than £1bn in sales in the first six months of the year for the first time, but its profits fell as it battled rising costs, lower footfall and more weather disruption than in 2024. Continue reading......
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20.05.25 - 10:48
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Greggs sales pick up as its mac and cheese goes viral (The Guardian)
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Bakery helped by new products including iced tea and pizza boxes after having raised prices earlier this year Business live – latest updatesSales at Greggs have picked up after the UK's biggest bakery chain branched out into iced drinks, pizza boxes and a macaroni cheese that has gone viral on social media.The bakery, which is headquartered in Newcastle upon Tyne, reported a 2.9% rise in comparable sales in the first 20 weeks of the year. Continue reading......
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