Greggs to open up to 160 new stores this year

Greggs has revealed plans to open up to another 160 stores in the year ahead as it cheered a strong end to 2023.

The high street bakery chain opened a record 220 new shops over 2023, taking its total estate to 2,473.

It is set to open between 140 and 160 new shops this year as it looks to give customers more convenient access to its stores.

‘Where there’s any location where you can’t currently access a Greggs easily, we want to try and get into that location,’ chief executive Roisin Currie said.

The company said cost pressures were continuing to ease back, with expectations for a ‘more stable cost base in the coming year’.

Ms Currie added: ‘Wage inflation remains, although higher rates of pay across the economy will also provide support to consumer incomes,’ according to the group.

‘We enter 2024 with plans to continue to invest in our shops and expand supply chain capacity.’

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