FDBusiness.com

Greggs Remains on Track

 Breaking News
  • Ireland’s Ancient East Food and Drink Guide for Visitor Experiences Launched Fáilte Ireland (National Tourism Development Authority) has launched ‘Ireland’s Ancient East – A Guide for Food and Drink Visitor Experiences’ for food businesses who wish to diversify into tourism in Ireland’s Ancient East region. The guide will provide businesses with the tools to help give visitors an unforgettable experience by sharing the great stories of our [...]...
  • 10,000 Ghana Cocoa Farmers Able to Receive Premium Payments By Mobile Phone Cargill has made its first ever sustainable premium payment by electronic transfer to cocoa farmers in Ghana. Just over 10,000 farmers are benefiting from the 2 million GHS mobile payments made by Cargill in partnership with its customers through the Cargill Cocoa Promise, Cargill’s commitment to improving the livelihoods of farmers and communities that will secure a [...]...
  • Bridge2Food Announces Finalists in Protein Awards 2017 The finalists have been announced for the Bridge2Food Protein Awards 2017 which celebrate those creating new plant-based and high protein foods and ingredients, driving growth and innovation in the Protein industry. The finalists for each category are as follows: Best Plant-based Food: awarded to a company or individual that has created a new plant-based food. Beyond Meat [...]...
  • Müller Invests £100 Million in UK Yogurt & Desserts Business Müller will invest £100 million over the next three years to develop, manufacture and market a new generation of branded and private label yogurt and desserts products, made from milk produced by British farmers. Already the UK’s favourite yogurt and desserts brand picked from supermarket shelves 208 million times each year*, Müller aims to strengthen [...]...
  • Brexit and the Challenges Facing the Irish Agrifood Industry “250,000 jobs are linked to agrifood, which is the most exposed sector with deep linkages to the wider economy,” pointed out Paul Kelly, Director of Food & Drink Industry Ireland- IBEC, when assessing the Brexit challenge facing the Irish food and drink sector at the recent 4th National Food & Drink Business Conference and Exhibition [...]...

Greggs Remains on Track

Greggs Remains on Track
May 17
15:26 2011

Greggs, the UK’s largest retail bakery, is on track to expand its number of shops by approximately 80 during its 2011 financial year. During the first 18 weeks, the group opened a total of 25 new shops, making a net addition of 20 after five closures, giving a total of 1,507 shops. Greggs passed the milestone of its 1,500th shop in March.

However, the group is continuing to see significant and rising input cost pressures as a result of global commodity price increases, in particular fuel, energy and key ingredients. Greggs expects to mitigate these challenges through its ongoing initiatives to make the business even more efficient, thereby minimising the need to pass on inflationary cost increases to customers.

Greggs is projecting marginally positive like-for-like sales the full year and further top line sales growth as its rate of new shop openings gathers pace.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
  • September 26, 2017FHM2017
  • September 26, 2017POWTECH
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements