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Greggs
Greggs plc is a British bakery chain. It specialises in 'on-the-go' savoury products such as baked goods, sausage rolls, sandwiches and sweet items including doughnuts and vanilla slices. It is headquartered in Newcastle upon Tyne, England. It is listed on the London Stock Exchange (LSE), and is a constituent of the FTSE 250 Index. Originally a high street chain, it has since entered the convenience and drive-through markets.
Greggs was founded by John Gregg in 1939. The first shop, which stood on Gosforth High Street, opened in 1951. When Gregg died in 1964, the bakery was taken over by his son, Ian, assisted by his brother Colin.
As Greggs of Gosforth, the first main factory on Christon Road on the Gosforth Industrial Estate opened on 30 April 1968.
Major expansion took place at Greggs in the 1970s, including the acquisitions of other bakeries such as Glasgow-based Rutherglen in 1972, Leeds-based Thurston's in 1974, Broomfields the Bakers, London, Bowketts the Bakers in Kent, Tooks the Bakers (East Anglia) and Price's (Manchester) in 1976.
In 1994, the company acquired the Bakers Oven chain of bakers' shops from Allied Bakeries. In 1999, Greggs rebranded its one hundred Braggs shops as Greggs of the Midlands, and its Leeds-based Thurston chain as Greggs of Yorkshire.
In 2008, Greggs rebranded its 165 Bakers Oven shops as Greggs so they could benefit from its national advertising campaign. The company opened its 1,500th premises, in York, in 2011.
In 2013, Greggs replaced its CEO Ken McMeikan with Punch Taverns CEO Roger Whiteside. McMeikan left the firm for Brake Bros.
In 2013, Greggs began to transition out of the bakery market, reasoning that it couldn't compete with supermarkets on that front. Instead, the company switched to focusing solely on "food on the go" after discovering that 80% of its business was in that market. Many of its stores now open earlier and close later, in order to target those going to and coming back from work, expanding its breakfast menu, and discontinuing the sale of bread and scones in many of its stores.
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Greggs
Greggs plc is a British bakery chain. It specialises in 'on-the-go' savoury products such as baked goods, sausage rolls, sandwiches and sweet items including doughnuts and vanilla slices. It is headquartered in Newcastle upon Tyne, England. It is listed on the London Stock Exchange (LSE), and is a constituent of the FTSE 250 Index. Originally a high street chain, it has since entered the convenience and drive-through markets.
Greggs was founded by John Gregg in 1939. The first shop, which stood on Gosforth High Street, opened in 1951. When Gregg died in 1964, the bakery was taken over by his son, Ian, assisted by his brother Colin.
As Greggs of Gosforth, the first main factory on Christon Road on the Gosforth Industrial Estate opened on 30 April 1968.
Major expansion took place at Greggs in the 1970s, including the acquisitions of other bakeries such as Glasgow-based Rutherglen in 1972, Leeds-based Thurston's in 1974, Broomfields the Bakers, London, Bowketts the Bakers in Kent, Tooks the Bakers (East Anglia) and Price's (Manchester) in 1976.
In 1994, the company acquired the Bakers Oven chain of bakers' shops from Allied Bakeries. In 1999, Greggs rebranded its one hundred Braggs shops as Greggs of the Midlands, and its Leeds-based Thurston chain as Greggs of Yorkshire.
In 2008, Greggs rebranded its 165 Bakers Oven shops as Greggs so they could benefit from its national advertising campaign. The company opened its 1,500th premises, in York, in 2011.
In 2013, Greggs replaced its CEO Ken McMeikan with Punch Taverns CEO Roger Whiteside. McMeikan left the firm for Brake Bros.
In 2013, Greggs began to transition out of the bakery market, reasoning that it couldn't compete with supermarkets on that front. Instead, the company switched to focusing solely on "food on the go" after discovering that 80% of its business was in that market. Many of its stores now open earlier and close later, in order to target those going to and coming back from work, expanding its breakfast menu, and discontinuing the sale of bread and scones in many of its stores.