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Greggs’ sales soften as appetite for pasties wanes

on May 9, 2016 | 0 comments

By John Glenday

Bakery chain Greggs has reported a decline in sales over the first 18 weeks of the year as it succumbs to the wider headwinds afflicting Britain’s embattled high streets.

Sales rose 5.7 per cent over the period, marking a slight dip on the 5.9 per cent growth recorded over the same period last year.

In a statement Greggs said: “As has been widely reported, conditions on the high street were softer in March before recovering in recent weeks; these conditions were reflected in our own performance.

“We have made a good start to the year. Input cost inflation remains low despite increased wage Read full story ›

Source: The Drum