Greggs to Shut Three Bakeries as Part of £100 Million Investment Programme
Greggs, the UK’s largest retail baker, is to close three of its bakeries as part of a proposed £100 million investment programme in its manufacturing and distribution operations. The smallest site at Sleaford is now being closed and we expect to close our Twickenham bakery in the fourth quarter of 2016 followed by Edinburgh in the second quarter of 2017.
Alongside these closures Greggs will continue to develop its plans to invest in its remaining supply chain network over the next five years in order to create centres of excellence serving the group’s growing shop estate.
Greggs had a total of 1,720 shops trading at 7th May (comprising 1,592 company-managed shops and 128 franchised units). Its shop openings continue to focus on new food-on-the-go locations and the relocation of existing shops to support further growth. In March, Greggs opened its first company-managed shop in Northern Ireland, at Boucher Retail Park in Belfast. The shop is trading well and in the next few weeks Greggs will open its first unit in central Belfast.
