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CommentWire
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Bakery chain Greggs has partnered with the independent forecourt retailer, Euro Garages, to open its first outlet at a UK service station. The move follows Greggs' recent strategy of targeting commercial customers by opening stores on retail estates. The chain's highly price-competitive offer and consumers' increased tendency to eat on the move places the retailer in good stead for success.
Published By Datamonitor
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20 Aug 2009 |
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Expert View
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UK foodservice operator Greggs has benefited from its continued aggressive space expansion during the 12 months to January 1, 2011. Despite like-for-like growth of just 0.2%, total sales increased by 0.6% off the back of a net 68 new retail outlets. Datamonitor believes that Greggs is well positioned to continue to take advantage of emerging value, convenience, and health trends.
Published By Datamonitor
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21 Mar 2011 |
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Expert View
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Greggs has had a difficult start to 2012, with like-for-like sales hit by bad weather and weak consumer spending. The retailer is pinning its hopes on the Olympics and the Jubilee, but faces controversial legislation set to add VAT to many of its goods. Rather than opposing the proposed tax, it would be wise to plan how it will phase in the inevitable price increases over the coming months.
Published By Datamonitor
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22 May 2012 |
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