Greggs sausage rolls up the leaderboard in hospital food poll October 22, 2016 A ranking of the healthiest providers of hospital food revealed that one of the nation's favourite bakeries was narrowly pipped to the top spot. The "Healthy Hospital Food: 2016 Brand League Table" compared the performance of how well companies meet NHS England targets on healthy checkouts, food advertising and price promotions in hospitals. Although the Royal Voluntary Service and [...]
Greggs issues healthy trading update as customers opt for salads over sausage rolls October 4, 2016 Greggs said today that its healthier options had helped boost sales over the summer, as customers shunned sandwiches and pastries in favour of salads. Sales were up 2.8 per cent like-for-like in the 13 weeks to 1 October, in line with the group's expectations. The rate of growth has dipped from the 4.9 per cent [...]
Last Week in the City: Trump threatens trade war March 2, 2018 This week US President Donald Trump threatened a trade war, a number of famous high street names, including Toys R Us and Maplin, got into serious trading trouble and upbeat assessments of the US economy from central bankers helped the US dollar to rally, reversing its recent trend. The FTSE 100 fell 0.2 per cent [...]
Strong results for Greggs as it brushes off the crumbs of Brexit to carry on cooking August 2, 2016 Profits were flat at pasty-flogger Greggs, in the first half of the year as the baker said it hoped to avoid being hit by weaker consumer spending following the EU referendum. The figures Profits before tax at the FTSE 250 high street fast-food outlet were down just shy of one per cent to £25.3m on the back of strong sales [...]
The tastiest deal of 2017? Ginsters owner confirms deal for West Cornwall Pasty Co January 4, 2017 We may only be a four days in to 2017, but there is already a contender for the tastiest – or, at least, stodgiest – deal of the year. Samworth Brothers, the company behind Ginsters, has reached an agreement to acquire West Cornwall Pasty Co. The deal will mean increased competition for Greggs. Read more: New [...]
Greggs’ roll goes soft as high street weakens May 9, 2016 Sales at baking chain Greggs have softened in the first 18 weeks of the year, reflecting the high street environment, as it enters consultation on three bakeries. The figures Total sales were up 5.7 per cent in the 18 weeks to 7 May – a slight deceleration on last year's 5.9 per cent growth – [...]
Ginsters owner to team-up with celebrity-backed Cornish pasty firm January 3, 2017 Baker Greggs' UK pasty dominance is to come under increasing pressure as two of its rivals are set to announce a tie-up as part of a multi-million pound deal. Samworth Brothers, which owns a variety of brands including Ginsters, will announce this week plans to buy West Cornwall Pasty Co – a celebrity-backed firm that was saved [...]
From sausage rolls to california rolls: Pasty purveyor Greggs is about to get healthier, its chief executive says June 13, 2016 There's no easy way to say this. Greggs, everyone's favourite purveyor of pasties and sausage rolls, has announced plans to go healthy (or healthier). The bakery chain, which in recent years has introduced "healthy" options such as sandwiches (and began selling flat whites in January), said healthy food now makes up 10 per cent of [...]
Little Chef is being gobbled up January 24, 2017 Little Chef Owner Kout Food Group has confirmed that several companies have made bids for the classic motorway food restaurant. The group said in a statement: "Kout Food Group confirms that more than one corporation (including an international chain) has expressed interest in commencing operations within the Little Chef portfolio of over 70 sites. Read [...]
Little Chef roadside restaurant chain sold February 3, 2017 Little Chef's owner has announced the sale of the roadside restaurant business. Kout Food Group said today that it had sold its roadside portfolio to Euro Garages, a roadside retail company operating brands such as Starbucks, Subway and Greggs. Read more: Little Chef is being gobbled up City A.M. understands Euro Garages has bought all of [...]