April 19, 2021

Manly Quarantine

Healthy is Life

Greggs was on a roll before Covid, but has it passed peak pasty?

The baker’s results this week may foreshadow how much the virus is changing Britain’s shopping...

The baker’s results this week may foreshadow how much the virus is changing Britain’s shopping and eating habits

It’s crunch time for Greggs this week as the bakery chain reveals what the future may hold after the pandemic took a big bite out of its sales.

The company, which has more than 2,000 outlets dispensing sausage rolls across the UK, warned in January that it expected to make a full-year loss of up to £15m, the first since it listed on the London Stock Exchange in 1984, and possibly its first ever. Sales are expected to have fallen £300m after the group was forced to close some branches during the high street lockdown, and it lost takeaway trade from commuters, shoppers and those on the school run.

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