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Sales fail to rise for baker Greggs

Bakery chain Greggs said sales growth slowed in recent weeks as consumers reined in their spending on sandwiches and snacks.

The company said like-for-like sales were up 0.2% in the 13 weeks to October 2, compared with 0.7% in the first six months of its financial year. The same-store figure for the current quarter is likely to be flat, but Greggs said the trading performance remained in line with its expectations.



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