Greggs plans to close four manufacturing sites amid inflation pressure

Greggs: Greggs is a major British bakery chain operating high street stores across the UK and specializing in savoury pastries, sandwiches, and baked goods. The company recently announced plans to close four manufacturing sites as part of a broader review to consolidate operations and improve cost efficiency in response to growing inflation pressures. Sector Trends: Food retailers are increasing promotional activity to help offset cost pressures on key categories such as meat and dairy. Inflation Pressures: UK retailers continue to absorb rising costs from business rates, employment, energy, and packaging amid ongoing challenges in the food supply chain.