EMCC European Monitoring Centre on Change

Greggs

Company/Organisation:
Greggs

Geographic Location

Country: United Kingdom

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.24 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Employment Effects

Announcement Date: 16-01-2018
Type of Restructuring: Business expansion
Planned Job Creation: 1500

Additional Information

High Street bakery Greggs unveiled plans to open 130 new stores throughout the UK in 2018, thereby creating around 1,500 new jobs. The chain has made the decision to increase its high street presence following strong sales figures in 2017. The investment plan will also see around 100 outlets refurbished and updated. A spokesperson for Greggs stated that the chain was looking to expand its product range, for example by introducing vegan options. The company has not yet revealed the locations of the new stores.