Buzz People

Greggs to open new stores

Bakery chain Greggs is to open 100 new shops in 2021 as it bets on a post-pandemic recovery.
This is despite the chain reporting its first loss for 36 years in 2020 after sales fell by a third amid coronavirus lockdown measures.
Greggs said it had ramped up deliveries, wholesale, and click-and-collect as High Street sales fell.
Chief executive Roger Whiteside added that Greggs had "made a better-than-expected start to 2021".
He added that the chain was "well placed to participate in the recovery from the pandemic".
Sales at company-managed shops fell by more than 36% last year as footfall in city centres and travel hub sites fell substantially during lockdowns.
This was partly offset by deliveries through Just Eat, which is one of the world's biggest food delivery platforms.

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