Goodbye Threshers, hello Greggs!
Sadly (at least for the staff) hundreds of branches of Threshers are closing. Popular opinion seems to suggest that this is happening because Threshers’ range of booze is overpriced and can be trounced every which way by most supermarkets.
So those soon-to-be-deserted stores need to filled by a retailer with a different outlook, one that offers good products at good value prices… STEP FORWARD GREGGS!
Oh yes, the masterful purveyors of pasties, pies and the occasional bit of bread aren’t going to make Britain any healthier than Threshers were but they’re a company on the up and with plans to open 600 new shops in the UK, 100 of those could be in old, abandoned Threshers branches.
Greggs CEO Ken McMeikan said ominously: “Our property team is looking at the Thresher estate. We look at every chain that goes into administration. It would probably be in the region of less than 10% of the portfolio.”
We see a future where there is one branch of Greggs for every man, woman and child in this country. And we like it.