Greggs sales growth slows August 9, 2011 BAKERY chain Greggs has seen sales growth slow after a “challenging” first half, it said yesterday. The baker, known for its sausage rolls and steak bakes, recorded sales growth of just 0.4 per cent in the 26 weeks to 2 July, down from 0.8 per cent in the first 18 weeks of the year. But [...]
Budget fuels crisis on the high street March 22, 2012 SOME of the UK’s most senior retailers yesterday slammed the chancellor’s supposedly pro-business Budget, saying his failure to address a planned hike in business rates will deal a blow to Britain’s ailing high streets. George Osborne has said he will cut corporation tax faster than planned to 24 per cent this year. But retailers were left [...]
Greggs set for frozen market in Iceland deal July 4, 2011 BAKERY chain Greggs said yesterday it has started a trial with Iceland Frozen Foods to test the potential for the supermarket to sell frozen Greggs branded sausage rolls for shoppers to bake at home. “This is a trial which will enable Greggs to assess the potential for its savoury foods to be sold into the [...]
Greggs set for frozen market in Iceland deal July 4, 2011 BAKERY chain Greggs said yesterday it has started a trial with Iceland Frozen Foods to test the potential for the supermarket to sell frozen Greggs branded sausage rolls for shoppers to bake at home. “This is a trial which will enable Greggs to assess the potential for its savoury foods to be sold into the [...]
Subway to create 6,000 new UK jobs January 26, 2012 SUBWAY, the sandwich franchise chain, has announced ambitious plans to open over 2,000 stores in the UK and Ireland over the next three year, creating more than 6,000 jobs. The company, which is famous for its US-style foot-long rolls, said its expansion plans were fuelled by a growing consumer demand for “convenient, affordable” food on [...]
Greggs gets a boost over Easter May 11, 2011 High street baker Greggs said like-for-like sales growth of 0.8 per cent over the past 18 weeks “reflected good Easter trading and the favourable weather”. Chief executive Ken McMeikan said that having successfully targeted the UK breakfast market in 2010 with meal deals combining sausage or bacon rolls with tea and coffee, the firm has [...]
Amazon tops customer satisfaction table October 28, 2011 Amazon has retained its crown as Britain’s favourite retailer in an annual consumer poll. Satisfaction with the company’s service even increased over the past year, according to the Nunwood Customer Experience 100 survey. Amazon beat off the challenge of second place John Lewis and third place Virgin Atlantic, which was marginally ahead of competitor Emirates. [...]
Greggs in record profit March 16, 2011 Baker Greggs made a record profit in 2010 as shoppers tucked in to its value-for-money sausage rolls, pasties, cakes and buns in a tough economic climate. The Newcastle-based company, which also sells sandwiches and bread to over six million customers a week from about 1,490 shops, said it was well positioned to make further progress [...]
Greggs posts record profit on store openings March 16, 2011 Baker Greggs posted a record profit in 2010 as it benefited from new store openings and said it was well positioned to make further progress in 2011 despite the worsening consumer environment. The Newcastle-based firm, which sells pasties, sandwiches, bread and cakes to over six million customers a week from over 1,480 shops, said it [...]
Keep a cool head – put a lock on greed November 2, 2011 AS ANY elite athlete will tell you, timing is everything. It is just as true for investing. When you get in and out of a market is often vital for returns. As Warren Buffett – before his foray into advising the US government on taxation policy – said in a sage piece of advice: “Be [...]