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

Greggs issues message to customers in eight UK locations and says 'we plan'

Greggs is set to open 160 new branches as cthe bakery chain, based in the North East, issued an update on prices.

by · Birmingham Live

Greggs has confirmed a list of stores will be opening within weeks as it identifies new sites after Christmas. Greggs is set to open 160 new branches as the bakery chain, based in the North East, issued an update on prices.

Roisin Currie, the bakery giant's chief, said: “2023 was a year of further progress by Greggs. I am proud of our teams, who did a fantastic job serving more customers as we continue to grow our shop estate and offer greater availability through digital channels and extended trading hours.

"We enter 2024 with plans to continue to invest in our shops and expand supply chain capacity to deliver the growth strategy, supported by our strong balance sheet. Our value-for-money offer and the quality of our freshly prepared food and drink continue to evolve and position us well for further progress in the year ahead.”

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The full list of Greggs stores confirmed so far include within Tesco, Bar Hill in Cambridge, Chester Road, Mold, within Tesco, Ealing in London, Church Walk Shopping Centre, Walker and General Rees Square, Cwmbran. Other sites will open in Northenden Road, Sale and U2 Portland Walk, Barrow-in-Furness as well as MFG service station, Hyde Road, Mottram.

It opened a record 220 new shops over 2023, with 33 closures and 42 relocations leaving it with 145 new sites on a net basis and taking its total estate to 2,473. Today, Greggs has revealed plans to open between 140 and 160 new shops in 2024.

Ms Currie, chief executive of Greggs said: "We enter 2024 with plans to continue to invest in our shops and expand supply chain capacity." Ms Curries also said she has "no plans currently" to increase prices across its ranges.

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