Bakery chain Gail’s plans to open 40 more outlets as sales soar
PositiveFinancial Markets

- The upmarket bakery chain Gail's has announced plans to open 40 additional outlets following a significant sales increase of 20% last year, bringing total sales to £278 million. Despite the growth, the company reported a widening pre-tax loss of £7.8 million, attributed to rising staff and energy costs as well as expenses related to the expansion of new locations.
- This development indicates a strong demand for Gail's products and a strategic move to capitalize on this growth, although the company faces challenges with profit margins. The expansion could enhance its market presence and potentially improve profitability in the long term.
— via World Pulse Now AI Editorial System







