Greggs is shrugging off the effects of the credit crunch with a total sales increase of 6.7% in the 16 weeks to 4 October. The bakery retailer said sales growth slowed over weeks seven to 13, but have picked up again more recently. Poor weather, and more favourable 2007 conditions, were blamed for the slower growth. In a interim management statement, the company said: “In spite of the increasing pressure on household budgets we have seen only modest erosion of customer numbers and transaction values.”Greggs is reducing its operation profit prediction for the financial year by £3 million, due to the slower sales growth and temporary margin impact from higher costs. Prices of many major ingredients including vegetable oils and vehicle fuel are beginning to stablise, so operating margins should improve in the final 12 weeks of the year, it said.Greggs has 1,399 shops, and has opened 53 new shops and closed 22 this year.
Kavan also received the President’s Council Academic Excellence Award earlier this year. In order to be eligible for the award, the student-athlete must be in good academic standing, must demonstrate good citizenship through good sportsmanship and significant community service, and must participate in a sport during the season of recognition. Hailing from Lincoln, Neb., Kavan leads Drake with three assists this season and ranks second with two goals and seven points. Kavan, a redshirt senior majoring in marketing and minoring in graphic design, boasts a 3.99 GPA and was selected to the MVC’s Scholar-Athlete First Team in 2018. Last month she was featured as the MVC Scholar-Athlete of the Week in recognition of her success on the field, in the classroom, and in the community. ST. LOUIS, Mo. – Vanessa Kavan has been named one of ten recipients of the State Farm Missouri Valley Conference Good Neighbor Award, the conference announced Wednesday. Honorees are selected by MVC Commissioner Doug Elgin in an effort to recognize the achievement of exceptional student-athletes. The Bulldogs travel to Illinois State on Thursday for a crucial matchup in deciding MVC Tournament seeding. Click here for a preview. Print Friendly Version