Rejoice, lovers of the sausage roll! Greggs, the UK's favourite bakery, has announced its plans to open 130 new branches during the next 12 months. That's more than 10 new stores every month. Pretty good going, Greggs.
The company's plans to expand also include refurbishing 100 existing branches across the country to bring them up-to-date with its new modern and versatile image.
The locations of the new stores haven't yet been announced, but with 1,854 branches already existing, there can't be that many gaps left around the country to fill. Amazingly, Greggs now has more stores across the UK than there are McDonald's.
With 17 consecutive quarters of like-for-like sales growth, Greggs hopes to continue its trend by not only increasing the rate of new branch openings but also investing into its supply chain. Roger Whiteside, the company's chief executive says it's all part of an ongoing plan to "continue to grow Greggs as a leading food-on-the-go brand".
So if you're partial to a sausage roll, steak bake or doughnut (drool), by the end of the year you'll probably be closer than ever to a branch of Greggs. God bless our waistbands. [i News]