Greggs reveals pizza plans after suffering £13.7million loss
- Credit: Greggs
Bakery chain Greggs, with stores across Norfolk, is pinning its hopes on a potential new rival to its famous sausage rolls.
The firm, which suffered its first loss in 36 years because of Covid, has some big plans to bounce back.
It comes as bosses announced a pre-tax loss of £13.7m in 2020, compared with a £108.3m profit a year earlier, with sales dropping from £1.17bn to £811.3m because of store closures.
And this year has not improved with like-for-like sales down 28.8pc in the 10 weeks to March 13.
But the firm said it was "positive for the future" and had committed to opening 100 new stores this year.
You may also want to watch:
Chief executive Roger Whiteside also revealed they are looking at doing more with their pizza slices as new hot foods possibly delivered in the evenings.
"We probably sell more pizza slices than anybody else in the UK because other people sell whole pizzas and we sell slices."
- 1 GP surgery in special measures after inspectors find range of faults
- 2 Your favourite pub, café, restaurant and hotel in Norfolk revealed
- 3 Consultation launched on plans to merge primary and secondary schools
- 4 Heartbroken parents’ appeal over final 13 hours before son’s death
- 5 7 cheap or free things to do in Norfolk this weekend
- 6 Town mayor officially welcomed in with civic ceremony
- 7 Tractor fire leads to barn blaze
- 8 Man could face jail over crash which killed woman, 75, court hears
- 9 Council leaders congratulate Liz Truss on reshuffle promotion
- 10 Norfolk survivor of 9/11 'can still hear the screams' 20 years on
Greggs also aims to open between eight and 10 drive-throughs each year.