In the News
Greggs - Scone, but not forgotten!
Greggs, the (very) popular bakery chain has decided to stop selling scones across all of its 1,700 shops across the country and its customers aren't impressed.
Greggs, which has sold scones for several decades has made the decision to remove them completely as it looks to reposition its product offer and move away from from baked goods to more trendy food-on-the go items as well as its rising emphasis on more healthy food options.
The bakery is also moving towards more wraps and burrito's as it switches it emphasis away from sausage rolls and pasties. Greggs even announced that they may stop selling freshly baked loaves
This move is gold dust for business students as it appears that the Boston Matrix has reared its head once more as Greggs say that demand for scones, in their stores at least, has fallen considerably.
Has the humble scone become a dog for Greggs? Low market share in a low growth market?
It looks to be the case as Greggs looks towards a more balanced product portfolio.
Exam support for 2022
Online Grade Booster Courses for A-Level Exams in May & June 2022
Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams