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Greggs

From Wikipedia, the free encyclopedia
For other uses, seeGreggs (disambiguation).

Greggs plc
FormerlyGreggs Bakeries Limited (1951–1983)[1][2]
Company typePublic
IndustryFood(Food on the go)
Founded1939;85 years ago(1939)inGosforth,Newcastle upon Tyne,England
FounderJohn Gregg
HeadquartersNewcastle upon Tyne[1]
Number of locations
2,500[3]
Key people
Products
  • Sausage rolls
  • Pastries
  • Pizzas
  • Sandwiches
  • Cakes
  • Baguettes
RevenueIncrease£1,809.6 million (2023)[4]
Increase£171.7 million (2023)[4]
Increase£142.5 million (2023)[4]
Number of employees
21,500 (2023)[5]
Websitegreggs.co.uk
Historic shop front, Greggs,Brecon(2005)

Greggs plcis a Britishbakerychain. It specialises in savoury products such as baked goods,sausage rolls,sandwichesand sweet items includingdoughnutsandvanilla slices.It is headquartered inNewcastle upon Tyne,England. It is listed on theLondon Stock Exchange,and is a constituent of theFTSE 250 Index.Originally a high street chain, it has since entered the convenience and drive-thru markets.

History

[edit]
Greggs in a Grade II* listed building on Abbeygate in Bury St Edmunds, Suffolk

Early history

[edit]

Greggs was founded byJohn Greggas aTynesidebakery in 1939.[6]It opened its first shop at 69/71 High Street inGosforth,Newcastle upon Tynein 1951.[7]When Gregg died in 1964, the bakery was taken over by his son, Ian, assisted by his brother Colin (who in 2017 was convicted and jailed for the sexual abuse of children[8]).

As Greggs of Gosforth, the first main factory on Christon Road on the Gosforth Industrial Estate opened on 30 April 1968.[9]

Major expansion took place at Greggs in the 1970s, including the acquisitions of other bakeries such asGlasgow-based Rutherglen in 1972,Leeds-based Thurston's in 1974, Broomfields the Bakers, London, Bowketts the Bakers inKent,Tooks the Bakers (East Anglia) and Price's (Manchester) in 1976.[10]

Expansion

[edit]

In 1994, the company acquired theBakers Ovenchain of bakers' shops fromAllied Bakeries.[10]In 1999, Greggs rebranded its one hundred Braggs shops as Greggs of the Midlands, and its Leeds-based Thurston chain as Greggs of Yorkshire.[11]

In 2008, Greggs rebranded its 165 Bakers Oven shops as Greggs so they could benefit from its national advertising campaign.[12]The company opened its 1,500th premises, inYork,in 2011.[13]

In 2013, Greggs replaced its CEO Ken McMeikan withPunch TavernsCEO Roger Whiteside. McMeikan left the firm forBrake Bros.[14][15][16]

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.[17]Many of its stores now open earlier and close later, in order to target those going to and coming back from work,[18]expanding its breakfast menu,[19]and discontinuing the sale of bread andsconesin many of its stores.[20]

In 2014, the company requested help fromGooglewhen an image of the Greggs logo, altered to include aparodicfake slogan referring to the firm's customers as "scum", was presented in Google search results as the actual company logo – falling afoul of imperfections in the "Google algorithm".[21]The firm's lighthearted social media response, which included a tweet sent to Google's official Twitter account offering doughnuts in exchange for fixing the problem, was noted as a "lesson in Twitter crisis management".[22][23]

In 2016, Greggs moved their head office fromJesmond,Newcastle upon Tyne[24]toQuorum Business Park,Longbenton,North Tyneside.[25][26]

In that same year, Colin Gregg was accused of preying upon children, partly using his philanthropic role within the company. Eventually, he was convicted in March 2017 on nine counts of indecent assault and was sentenced to imprisonment until at least 2030.[8]

In 2020, all shops closed in response to theCOVID-19 pandemic.[27]

In 2022, Greggs opened its largest location in aPrimarkstore inBirmingham.A queue formed outside the shop 30 minutes before the grand opening, with some people running under the barriers as they were opened. A collaborative clothing range, "Greggs X Primark", was also released.[28]

COVID-19 impact

[edit]

In response to the ongoing disruption, Greggs was forced to close all stores on 24 March 2020, furloughing most of its employees. On 24 April 2020, it was decided Greggs were carrying out a controlled trial of 20 stores in Newcastle with regard to safety measures taken in response toCOVID-19.This was later called off; due to the amount of press coverage it was deemed dangerous and trials were carried out behind closed doors at undisclosed locations throughout the UK.[29]

After a successful trial Greggs announced it was opening 800 shops around 15 June 2020, with all the new measures in place which include perspex screens, social distancing markers and door staff. The company has also said reduced trading hours and a reduced menu will be in place until further notice. Greggs opened all shops with the new measures near the end of July 2020.[30]Some food items were reintroduced to the menu in September 2020.[31]In November 2020, the company announced it would be cutting 820 jobs due to the COVID-19 pandemic that affected the company's sales.[32]

Senior leadership

[edit]
  • Group Chairman: Ian Durant (since May 2013)[33]
  • Chief Executive: Roisin Currie (since May 2022)[34]

List of former chairmen

[edit]
  1. Ian Gregg (1984–2002)[35]
  2. Derek Netherton (2002–2013)[33]

List of former chief executives

[edit]

This post was formerly known as Managing Director.

  1. John Gregg(1939–1964)[36]
  2. Ian Gregg (1964–1984)[35]
  3. Sir Michael Darrington(1984–2008)[37]
  4. Ken McMeikan (2008–2012)[38]
  5. Roger Whiteside(2013–2022)[34]

Operations

[edit]
A contemporary Greggs branch inLeeds,West Yorkshire.

In 2019, the chain had over 2,000 outlets, nine regional bakeries that make products local to the area, like Scotch Pie in Scotland, and also employed 22,000 staff.[39]Some items are only sold in particular regions.[40]The company also sells some of its products – such as bakes, melts and pasties – through the supermarket chainIceland.[41]

Delivery service and Click & Collect

[edit]

In October 2016, Greggs announced that it would be launching a delivery service on a trial basis, with plans to implement it nationwide if the trial proved to be successful.[42]The initial trial was held inCobalt Business Parkin North Tyneside, and the next trial phase encompassed the city's other 29 Greggs stores.[43]

Greggs Drive Thru and 24-hour openings

[edit]

In June 2017, Greggs opened their firstDrive-through,at Irlam Gateway Service Station inSalford.[44]Subsequent drive-through outlets opened inAshby-de-la-Zouch,[45]Bradford,[46]Blackburn,[47]andNewcastle.[48]Greggs are trialling certain drive-thru stores being open 24 hours a day.[45]

In 2023, Greggs was involved in a dispute over operating 24 hours inLeicester Squareafter the location was refused an overnight license by Westminster Council.[49]Greggs appealed and was granted permission for late-night opening, but not 24 hours.[50]In July 2023 the company applied for licenses for 24 hour opening at sites in Canterbury and Liverpool.[51]

Greggs Moment Stores

[edit]

In September 2011, Greggs opened its first Greggs Moment, a 104-seater coffee shop, in its home town ofNewcastleonNorthumberland Street.[52]This store was then followed by one in the nearbyMetroCentrein August 2012,[53]with five outlets in operation by February 2013.[54]In August 2013, the company announced that it would discontinue its attempt to enter the coffee market, and instead focus on selling coffee from its existing stores.[55]

Greggs Outlet

[edit]

Greggs also has a small number ofoutlet shopsin Northern and Central England, Scotland and two in Wales, selling unsold stock, mis-shapes and factory rejects at a discounted price, under the name Greggs Outlet.[56][57]They were started in 1972 inArthur's Hill,Newcastle under the name of the Greggs 'Seconds' shop.[58]

Products

[edit]
The Greggs meat-free sausage roll (home-baked)

Products includesausage rolls,[59][60]vegan sausage rolls,[61][62][63][64]meat-free steak bakes,[65]bacon rolls,[66]croissants,pains au chocolat,[67]sandwiches,[68]and soups.[69][70]

In Channel 4'sTricks Of The Restaurant Trade,it was discovered that Greggs' cream of tomato soup contained much more sugar than was disclosed in its nutritional information.[71]

Marketing

[edit]

In July 2002, American actress and modelMilla Jovovich,a fan of the store and its pasties,[72]said that she would be willing to become the "face of Greggs" in a new marketing campaign if the firm approached her. However, no such approach was made.[73]

Greggs Rewards

[edit]

In February 2014, Greggs launched an electronic loyalty scheme app called"Greggs Rewards".[74]

Pasty tax

[edit]

In March 2012,Chancellor of the ExchequerGeorge Osborneproposed to simplify the taxing of takeaway food. In the United Kingdom, most food intended to be cooked and eaten at home is zero rated, meaning that businesses do not have to charge their customers the standard VAT on those products.[75]

With the pasty tax, any food besides freshly baked bread which is sold while above room temperature would be subject to the 20% VAT charge with no exception for intended serving temperature. Chairman of the company, Derek Netherton warned that such a tax would lead to "further unemployment, high street closures and reduced investment".[76]Greggs participated in a campaign to reverse this decision, which became known as the "pasty tax"or" Pasty Gate ".[77]

Greggs: More Than Meats the Pie

[edit]

An eight part documentary series, calledGreggs: More Than Meats The Pie,which goes behind the scenes of the bakery and all its areas, was broadcast onSky1and Sky1 HD in April 2013.[78]Sky revealed the documentary programme's first episode was Sky1's number one original show in April, with a final total of 1.27 million viewers.[79]

References

[edit]
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