date:Sep 12, 2012
tal control of the business, making for a strong balance sheet with few worries over pension responsibilities.
Store openings
While high street sales remain weak, the analysts expected Greggs to deliver satisfactory medium-term revenue growth through a step up in store openings to about 90 new stores a year. Modernised and more focused bakeries, coupled with increased capacity and productivity, would allow the baker to exploit its new retail outlets.
The new space and evolving product mix wil