I must admit to being well satisfied with Greggs; since buying in Aiugust not only have I seen an interim divi. but also a small capital gain. Its hardly an exciting share but if all my investments were doing as well I'd be a very happy man.
11 Oct '13
I'm with you. Greggs need to look at what made them popular. Try any of the small mining towns of the North East and they will find their answer. Small family bakeries with great pies and cakes. Too much reliance on cheap fatty puff pastry and size of product dropping faster than a Nestle chocolate bar. Kick the accountants off the factory floor and listen to the bakers first. Forget sensory analysis etc. just look where the queues are at the family bakers and pork butchers and digest please. Still hanging in here as I am hoping they get it soon.
28 Sep '13
Here here! And you can't get a decent 'stottie' south of Sunderland.
28 Sep '13
some greggs shops
Are barely worth opening, and don't make profit, they should shut them down and save costs, , they are training up people from moto to work in greggs franchise shops, in petrol stations etc, and they have food in Iceland obviously. Some of the cakes they make are horrendous lately, the sandwiches are nice and some of the pies and pasties, they need to go back to basics, whats wrong with good traditional food, nice homely recipes, i think they are trying to be too clever these days and losing people. They should sack the ideas people, and employ food tasters! some of the Halloween cakes last year had chilli in them and were almost inedible, they had to pull the range they were so bad. The biggest and worst thing they ever did was to change the cheese in the cheese pasties to some tasteless gloop! And what amazes me is you cant buy bread in every shop, its a bakers for crying out loud lol. If they go back to basics, get rid of the dead weight shops, and tighten up the management of absences, as well as give the shops more hours instead of pushing the staff to the edge, and employ a better waste management/availability system, then im sure we will see a sustained recovery!
25 Sep '13
What is everybody's feeling about the traiding update coming on in october? everytime I pass a Greggs shop it is packed!
6 Aug '13
Every time i go in Greggs the prices have gone up. The prices seem to go up weekly. Its like Zimbabwe in the hyper inflation days, well almost .
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