Greggs has warned the future price rises of up to 9% could hit sausage roll and steak bake lovers. The cost of its products may be forced up as the retailer is forced to spend more on key ingredients, packaging and energy bills, it said.
Plans to extend opening hours and offer more delivery across its stores have already been confirmed. However, its manufacturing and running costs are set to rise, which could be passed onto customers as a result.
The Mirror reports that the company has been working to keep product prices down while ingredients, packaging and energy bills have all risen around them. Greggs also revealed that sales jumped 27.1% in the 26 weeks to July 2, to total £694.5m.