Greggs to close four manufacturing sites in overhaul putting around 740 jobs at risk
Greggs will close four UK manufacturing sites over the next two and a half years, putting around 740 jobs at risk, as it seeks £20m in annual savings by 2029.
Greggs has announced plans to close four of its manufacturing sites as part of a major overhaul of its food production network, putting around 740 jobs at risk.
The closures will be phased over the next two and a half years and are subject to a consultation with trade unions and employee representatives, the company said on Wednesday.
Greggs said the changes, “while difficult, are necessary” to meet its capacity needs “in the most cost-efficient manner”. The restructuring is expected to cost around £60m in cash, comprising £40m of capital expenditure and redundancy costs, and to deliver annual savings of about £20m realised across 2028 and 2029.
The bakery chain, which employs about 33,000 people and has 14 manufacturing and distribution sites, said cost inflation is forecast at about 2% on a like-for-like basis, though it warned of greater inflationary pressures in 2027.
The announcement came alongside a trading update for the 13 weeks to 26 September showing total sales up 7.7% and like-for-like sales up 3.4%. Greggs now expects a “modestly improved” full-year outcome for 2026.
The company operates 2,796 shops. It did not name which sites face closure pending the consultation.
Sources
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