Greggs warns of weak sales forecast and price hikes
date:Oct 15, 2012
intain our value, warned McMeiken.

The firm partly blamed poor weather in July and flooding in September for the fall and said that it now expects to post negative like-for-like sales growth in the fourth-quarter.
I think it will continue to be another very challenging year next year, particularly the first half, added McMeikan.

However, Greggs overall revenue was up 5.9% thanks to an ambitious store expansion programme. The Newcastle-based baker has opened 70 new outlets, including 30 in moto
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