- Greggs has said it plans to close four manufacturing sites with the expected loss of around 740 jobs in the next two-and-a-half years.
- The job losses are not currently expected to be linked to shops or stores selling goods – and Greggs said parts of the manufacturing process will be relocated.
- It comes after Greggs emerged as the brand with the most coffee outlets in the UK, surpassing Costa Coffee.
- The latest financial results, released on Wednesday, seem to indicate that the chain will focus on beverages and healthier food options rather than baked goods.
- Alex Pugh, an analyst at Freetrade, said: “Greggs is quietly becoming a drinks brand. The home of the sausage roll leaned on matcha and cherry lemonade to get through a scorching summer, and its push into protein, salads, and functional drinks shows it's following customers towards healthier habits.”
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