United KingdomGreggs, a UK-based bakery chain, announced it has reduced its plan for new store openings this year to between 100 and 110 locations, down from an initial target of 120. Despite facing multiple heatwaves, the company reported a 20% increase in pre-tax profits to £76 million during the first half of 2026. New store openings, combined with a refreshed menu featuring items like chicken rolls and matcha drinks, contributed to a 7.2% sales increase to £1.1 billion. The company also plans to expand internationally, launching a store at Tenerife South Airport through a partnership with Lagardère Travel Retail. While like-for-like sales growth slowed to 2.1% for company-owned stores and 1.3% for franchises, Greggs remains optimistic about future expansion and supply chain improvements.
Bias read (Center): The article presents factual business developments related to Greggs' expansion strategy and financial performance without overtly favoring any political ideology. While the topic involves corporate economic activity, which could have political implications, the framing remains neutral, focusing on
