Greggs PLC: reached a milestone of 500 franchise stores

Newcastle upon Tyne / UK. (gs) British Greggs PLC, the leading bakery food-on-the-go retailer in the United Kingdom with more than 2,400 retail outlets throughout the country, reaches a milestone of 500 franchise stores across the country.

The 500th franchise shop opened in December 2023 in a petrol station in Monktonhall, East Lothian, just off the A1 outside Edinburgh, with the franchise partner MFG.

For Greggs this is a big milestone as the company continues to expand the shop estate in line with its strategic growth plans. It also highlights the success of the franchise model which today accounts for approximately 20 percent of the total estate.

20231230-GREGGS-01(Photo: Greggs PLC)

The retailer has developed strong relationships with 16 different franchise partners, all of which play a pivotal role in Greggs’ business. These partnerships enable the bakery to accelerate its shop expansion plans, establish a presence in additional on-the-go locations and become even more accessible for its valued customers.

Commercial Director Malcolm Copland: «Just one year since we marked our 400th franchise store, we’re now delighted to open our 500th location. As we round off 2023, we are pleased to be well on track to meet our ambitious shop expansion targets for the year ahead.»

20231230-GREGGS-02(Photo: Greggs PLC)