date:Jan 10, 2014
growth and fundamentally improve the retail proposition, Singer Equity analyst Sahill Shan said.
Greggs' new chief executive Roger Whiteside, who has issued two profit warnings while undertaking the strategy shift, said there was more to be done to cement Greggs's turnaround and announced 410 jobs would be cut from both the company's in-store bakeries and its management and support teams, to help reduce costs.
The redundancies will result in costs and asset impairment charges of 9 million pou