🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Britain's Greggs to roll out home delivery with Just Eat

Published 15/01/2020, 14:34
© Reuters.  Britain's Greggs to roll out home delivery with Just Eat
GRG
-
JE
-
TKWY
-

LONDON (Reuters) - British baker Greggs (L:GRG) has joined forces with online food ordering company Just Eat (L:JE) for its latest growth initiative - offering home delivery across the country.

Greggs said on Wednesday that following a successful trial in London, Newcastle and Glasgow, it had opted to work exclusively with Just Eat, providing sausage rolls and steak bakes, including vegan-friendly versions, as well as sandwiches and sweet treats, direct to customers' doors.

After Birmingham and Bristol, delivery will next launch in Manchester, Leeds, Sheffield and Nottingham in the spring, with a plan to achieve national coverage by the end of the year.

Orders can be placed from as early as 0700 GMT, with no minimum spend, though there is a delivery charge.

Last week Greggs said it would pay staff a special bonus after a "phenomenal" year that included the launch of the vegan-friendly sausage roll and higher-than-expected profits.

Shares in Greggs were up 0.6% at 1408 GMT, taking gains over the last year to 62%, and giving it a market value of 2.5 billion pounds ($3.3 billion).

Just Eat is now part of Takeaway.com (AS:TKWY) after the Dutch firm last week won a 6.2 billion pound bid battle.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.