Britain has not reached ‘peak Greggs’, the boss of the bakery chain insisted yesterday, amid fears Ozempic could suppress appetite for its food.
Chief executive Roisin Currie said she has faith in plans to expand to 3,000 shops over the next few years as there are still plenty of areas where it does not have a presence.
‘I absolutely don’t believe we have reached peak Greggs,’ Currie said, adding the business would expand into retail parks and supermarkets.
The comments came as Greggs said footfall at its 2,649 shops was hit by ‘unusually hot weather’ in June, dragging profits down by 14.3 per cent to £63.5million for the first six months of the year.
The heatwaves deterred shoppers from buying hot pastries, a spokesman said.
Currie said the company has a ‘watching brief’ on how fat jabs are changing what people buy on-the-go.
Expansion: Greggs chief exec Roisin Currie said she has faith in plans to expand to 3,000 shops over the next few years
She said: ‘We have to make sure that if you are on one of these drugs, you can still shop at Greggs.’
The group has expanded its ranges to include healthier options, the spokesman added.
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Britain has not reached ‘peak Greggs’, says bakery chain boss amid fears fat jabs could hit sales