United Kingdom
Location of affected unit(s)
North East; Yorkshire; Scotland
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Food, Beverages And Tobacco In Specialised Stores
47.24 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

200 jobs
Number of planned job losses
Job loss
Announcement Date
4 August 2006
Employment effect (start)
Foreseen end date


High street bakery chain Greggs have announced that they are to cut 200 jobs. The firm, that employs 19,000 in the UK, made the announcement as it reported a 20% drop in profit. Pre-tax profits fell to £12.5m in the six months to June 17 from £15.6m a year earlier. Greggs blamed sweltering weather for hitting sales in the last two weeks of the period, although like-for-like sales were up 3.1% overall, rising to £243.1m. With profits down, Greggs has decided to close 14 Bakers Oven shops in northern England because of the "unsatisfactory performance" of the division in both the north and Scotland over recent years. The company plans to transfer 49 of the 63 Bakers Oven shops in the two regions to its divisions in the north-east, Yorkshire and Scotland. The shops will be rebranded as Greggs, and the costs of the closures are expected to reach £2.5m.


  • 4 August 2006: The Guardian


Eurofound (2006), Greggs, Relocation in United Kingdom, factsheet number 63861, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63861.