Greggs rolls out expansion

NEWCASTLE-based bakery business Greggs has announced plans for further expansion and said it will look to serve customers "at work and as they travel".

NEWCASTLE-based bakery business Greggs has announced plans for further expansion and said it will look to serve customers "at work and as they travel".

The bakery chain, which has 1,400 outlets in the UK, also said it planned to bring its Bakers Oven business under the Greggs banner and offer customers outlets with both cafe and bakery facilities.

The retailer said it could see "considerable potential" for growth across the UK, particularly in the south of England and North West.

Greggs said it planned new outlets in locations away from its traditional high street bases. It already has a store at Newcastle Airport but could now move into areas such as industrial estates, housing estates and bus stations.

The company said it was looking to serve customers "at work and as they travel".

The plans emerged as Greggs posted decent trading figures for the 25 weeks to December 6, with like-for-like sales growth of 3.8% matching the rate reported in early October.

Chief executive Ken McMeikan said the priority would be to "simplify the business and strengthen its capabilities" next year so it was ready for "accelerated growth and expansion" in 2010.

 

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