Greggs store to close in Lincolnshire

High street chain Greggs said it plans to close three bakeries, including one in Lincolnshire, as it looks to reshape the business.

It will result in a loss of 355 jobs and is part of a £100 million investment to upgrade Greggs over the next five years.

The group, which currently runs 12 bakeries and just under 1,700 shops, said the posts will be axed as a result of the reorganisation.

A spokesperson for Greggs said:

The retail chain opened 122 new shops last year and closed 74, as the business trims its high street presence in favour of more outlets in retail parks and motorway service stations.

It also refurbished 202 shops in 2015, and upgraded 20 stores to cafe conversions.

Chief executive Roger Whiteside said: