Greggs blames weather and shorter days for flaky sales

Kasmira Jefford
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GREGGS chief executive Ken McMeikan said fewer trading hours and the miserable weather had caused the bakery chain’s like-for-like sales to fall 2.9 per cent in the five weeks to 7 January.

The fact that two of the busiest trading days fell on Sundays, when shopping hours are restricted, dragged like-for-like sales down two per cent, he said.

Total sales were up 4.8 per cent for the year to 29 December, with like-for-like sales down 2.7 per cent.

The group has 1,670 shops after opening a record 121 stores in 2012.