Greggs (GRG.L) to close four sites; circa 740 redundancies over 2.5 years
Greggs said proposed closure of four sites is expected to result in circa 740 redundancies over two and a half years, subject to consultation. The plans include circa £60 million cash costs with an expected £20 million annual cash saving in 2028-2029.
7% Sales Growth Greggs - Cost Inflation Expected At Circa 2% Lfl In 2026 Greggs: Subject To Consultation, Would Result In Cash Costs Of Circa £60 Million Comprising Capital Expenditure Of Circa £40 Million Greggs: Annual Cash Saving In Pre-tax Operating Costs From Conclusion Of Change Programme Is Expected To Be Circa £20 Million Source text:... com;)