Greggs achieves landmark 500th franchise shop
Leading UK food-to-go retailer Greggs today announces the opening of its 500th franchise shop in Monktonhall, East Lothian, with the company’s franchise partner MFG.
The opening of the 500th franchise shop not only highlights the strength of Greggs’ collaboration with franchise partner MFG, but also marks a key milestone for Greggs as it progresses the continued expansion of its shop estate, in line with its strategic growth plans. In 2023, Greggs opened 71 franchised units, with these now accounting for approximately 20% of the total estate.
With a legacy of fostering strong and long-standing relationships with some of the UK’s largest franchise partners and forecourt operators, Greggs today works with 16 franchise partners across the UK. The franchise partners play an important role in providing access to restricted locations such as motorway services areas, petrol filling stations, educational establishments and smaller high street convenience locations.
Through its partnership with MFG, Greggs has a network of 84 shops, all trading as part of petrol filling station locations across the UK. Many of the MFG franchised shops are strategically positioned in roadside locations and retail parks, enabling Greggs to cater to customers on-the-go. The 500th shop at Monktonhall is located at a petrol filling station site just off the A1 outside of Edinburgh.
Malcolm Copland, Commercial Director at Greggs said: “Just one year since we marked our 400th franchise, we’re now delighted to open our 500th – this is a huge milestone that underscores the success of our franchise model. As we round off 2023, we’re pleased to be well on track to meet our ambitious shop expansion targets for the year ahead.
“The relationships we’ve built over the years with our valued franchise partners have been critical in enabling us to accelerate our shop expansion plans, reach key travel hub locations across the UK and enhance even greater accessibility for our customers.”
By Mark Adair – Correspondent, Bdaily
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