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Greggs Making Progress With Infrastructural Changes

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Greggs Making Progress With Infrastructural Changes

Greggs Making Progress With Infrastructural Changes
October 06
10:46 2016

Greggs, the UK’s largest retail baker, is making good progress with the first stages of its supply chain investment plan. The work to facilitate Greggs’ new distribution centre in Enfield is now finished and the site will be brought into operation in the coming weeks. As a result Greggs will complete the previously-announced closure of its Twickenham bakery in November.

Greggs is also continuing to upgrade its retail business. In the year-to-date, it has completed 145 shop refurbishments and is on track to refurbish around 200 shops this year. It has also opened 103 new shops, including 41 franchised units predominantly in transport locations. 58 shops have been closed, giving a total of 1,743 shops trading at 4 October (comprising 1,600 of Greggs’ own shops and 143 franchised units).

The pipeline of new shop locations remains good and for the year as a whole Greggs still expects to open 140-150 shops and close about 70-80, a net increase of around 70.

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