All Greggs articles – Page 8
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NewsTimeline: How the coronavirus crisis unfolded
Here are just some of the twists and turns over the last few weeks. If you want to read all the MCA coverage of the coronavirus crisis click here.
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NewsGreggs secures £150m credit from Covid Corporate scheme
Greggs will be able to meet its liquidity needs for a closure period of up to a year as a result of £150m credit received through the Covid Corporate Financing Facility scheme.
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NewsSupport needed for ‘vital’ takeaway and delivery services during lockdown
Restaurants and cafes will continue to be able to offer food delivery and takeaway under exemptions to the UK lockdown, the government has said.
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NewsWhy are big brands abandoning takeaway and delivery?
Takeaway and delivery last week emerged as a possible silver lining to the biblical storm clouds posing an existential threat to the restaurant and bar industry.
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NewsGreggs slashes outgoings
Greggs is completely shutting its entire estate in order to protect its people and customers, it has announced.
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NewsLoungers, Fuller’s and BRG announce closures, to-go transitions continue
Loungers is the latest operator to announce an estate-wide temporary restaurant closure due to the impact of COVID-19, and Fuller’s will close all London pubs.
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NewsGreggs takeaway only
Greggs will close all of its seating areas as part of an effort to restrict the spread of COVID-19.
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NewsMarch 2020
Unfortunately one issue is dominating the news agenda. Coronavirus presents any number of difficulties for the industry and for now we are in the unenviable position of not knowing how severe they could be. Contributing editor Peter Martin and columnist Dom Walsh explore the issue in their latest columns.
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NewsSunak needs to Super-Size it
The government has put the hospitality industry into limbo, and limbo is a terrible place to be. Yesterday, the PM warned the British public against visiting pubs, restaurants, theatres and bars across the country. For an industry already taking a battering by the coronavirus this was a staggering blow. Effectively the UK has been warned off visiting the likes of Costa, Greggs, McDonald’s, Wetherspoons and more.
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NewsDom Walsh: A growing sense of the surreal
It seems bizarre, but when I wrote my last column only a month ago, coronavirus was still pretty much a Chinese issue that seemed a long way removed from mainland Europe, let alone the UK. The subjects I touched on included the rise of vegan food, Dry January and the rise and rise of Greggs.
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Analysis & InsightOne in three out of home meal visits are to-go
Almost a third of all out of home meal visits are now taken to-go with total FTG visits hitting their highest point across a three year period, MCA’s latest Food To Go tracker has found.
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NewsPret spends £20m on allergy overhaul
Pret A Manger spent £20m last year on anti-allergy measures, including full ingredients labelling, as it overhauled safety measures after the deaths of two people who had eaten its products, The Financial Times reports.
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NewsGreggs: CEO Roger Whiteside predicts hundreds more stores
Greggs has no plans to slow its rapid expansion, despite opening a net total of 97 new stores last year. The business recently increased supply chain capacity to allow it to operate 2,500 outlets, but CEO Roger Whiteside told MCA he believes the total number of Greggs outlets could grow “well beyond” that figure in the future. “We know it’s well beyond 2,500,” he said. “Because we don’t know a final number we just release the next number when we come close to the last one we released. So at 1,500 we said 2,000, now we are at 2,000 we are saying 2,500. So pick a number, we just don’t know it.
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NewsGreggs marks record year but has uncertain 2020 outlook
Greggs has reported an “exceptional year of progress” in its preliminary results released today for the year ended 28 December 2019.
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NewsGreggs and Wingstop to share former Giraffe Bluewater site
Greggs has been lined up to share a former Giraffe unit with Wingstop in Kent’s Bluewater shopping centre.
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NewsPressure, power and positivity
Not to be overly optimistic, and perhaps it’s just the inevitable emergence from a lengthy and brutal period of rationalisation and consolidation, but things appear to be looking up. Admittedly the upticks predicted for 2020 are tiny, like 1% growth for casual dining and a 0.3% acceleration for food to go. But after the carnage of the last couple of years, positive news, however slight, will come as welcome news for the operators that skilfully navigated their way through it.
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NewsSteve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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NewsGreggs launches in-store Asda concession trial
Greggs is set to open its first trial supermarket concessions this year, launching in five Asda stores across the Midlands and North of England.
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NewsPlanting the right seeds for sustained growth
Veganism has been labelled the megatrend of the next decade and the statistics back up this claim. Last month, more than 400,000 people signed up to this year’s Veganuary campaign, a 60% increase on last year, fuelled by shows such as Netflix’ recent “Game Changers” documentary. Whilst uptake of pure vegans has increased markedly, there’s also a very large market out there for people that simply want to reduce their meat intake, whether that is for environmental or perceived health reasons, rather than just animal welfare reasons. Sainsbury’s recent Future of Food report, which looks ahead to 2025, predicts 25% of adults will be either be vegan or vegetarian by then, with the proportion of ‘flexitarians’ set to rise to 50%.
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Analysis & InsightTop 10 F2G brands grow market share
The top 10 Food To Go brands grew sales by 3.4% in 2019 to a market share of 33.6%, outperforming the wider Food to Go (FTG) market, MCA Insight reveals.