Greggs Expansion: Fresh Growth or Rethink?
Update: 2026-01-03
Description
Greggs, the UKs popular bakery chain, is expanding rapidly despite a sales dip in 2025. With 2,675 stores, they aim to reach 3,500 by adding 800 new branches, backed by a £300 million capital spending boost. Their Newcastle factory produces one million sausage rolls daily, shipped nationwide for fresh baking. Greggs, founded in 1939, grew through acquisitions and pivoted to grab-and-go foods, doubling sales to £2 billion by 2024. However, like-for-like sales have fallen due to bad weather and warmer summers, causing share price drops and activist investor pressure for cost cuts. Despite concerns about market saturation and rising prices, Greggs chief executive insists theres no peak for the brand, with customers still flocking to stores. All eyes are on Greggs January 8th results to determine if expansion fuels growth or requires a rethink.
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