The Business On... Ken McMeikan, chief executive, Greggs
Friday 07 October 2011
Related articles
C'mon now, what's not to love about the man who runs Greggs?
Well, we wouldn't disagree. If you're looking for comfort food you can't find much that's better than a Greggs sausage roll. And, thanks to Ken McMeikan's ambitious expansion plans, they can be bought in most UK high streets.
There's a but though, isn't there?
Well, the health lobby hardly sings the praises of the Scot's Superstar Doughnuts. They include Triple Chocolate, Strawberry Milkshake, Jaffa Cake and the 440-calorie Coconut Snowball. He wouldn't have lasted long in his first job (he joined the Navy at 16 and saw action in the Falklands) if he'd eaten too many. But in yesterday's trading statement he said like-for-like sales rose 0.8 per cent in the 13 weeks to 1 October (against 0.4 per cent in the previous six months) and 1.4 million Superstars were scoffed in four weeks. And that's before the launch of the lurid, green Slime Donut for Halloween.
How did he come to join Greggs?
Well Mr McMeikan, 45, spent 14 years in various roles at Tesco, including a stint as chief executive of its Europa Foods convenience store business in 2002, where he had responsibility for integrating it into Tesco Express. He also served a stint as chief executive of Tesco in Japan, but only last six weeks as Sainsbury's came calling. It was from there that he joined Greggs, taking on the top job just over two years ago.
Tesco isn't known for resting on its laurels, is it?
No and don't expect Mr McMeikan to either. Greggs has more than 1,500 stores at the moment, but he wants 2,000. He has responded to the economic chill by adding a wildly successful breakfast offering to Greggs, and after his former PA came second in the The Apprentice, he welcomed her back with a big promotion.
What are his views on business?
He says he not a big fan of debt, either in his personal or professional live. That's perhaps not surprising for a Leeds United fan. And he's keen on taking Greggs overseas, so you might be able to get those sausage rolls on holiday one day.
From the blogs
Dish of the Day: How to… make flower power cocktails
Take inspiration from the green-fingered brigade who have been showing off their creativity at the R...
The Retail Ready People project means the future of the high street is in your hands
There are more empty shops on our high streets than ever before, says another report into the state ...
A changing of the guards in English football: From Sir Alex Ferguson to Jose Mourinho
The guard has changed at Old Trafford for the first time in 26 years. Meanwhile, down the road, the ...
The Fall ‘Darkness Visible’ – Series 1, episode 2
There are a good many moments in the second episode of this psychological thriller that deserve refl...
-
Breaking: Soldier killed in Woolwich machete attack named as Drummer Lee Rigby
-
That's some guestlist! Stunning images show huge dynastic wedding between Ultra-Orthodox Jewish families which attracted 25,000 guests
-
'Sickening, deluded and unforgivable': Horrific attack brings terror to London’s streets
-
World news in pictures
-
Ingrid Loyau-Kennett, the mother-of-two hailed as a hero for confronting Woolwich attackers, thought: 'better me than a child'
- 1 Breaking: Soldier killed in Woolwich machete attack named as Drummer Lee Rigby
- 2 'Sickening, deluded and unforgivable': Horrific attack brings terror to London’s streets
- 3 Grace Dent: I’m not sure how these people can avoid being called ‘bigots’. And the more ‘civilised’, the worse they are
- 4 Ingrid Loyau-Kennett, the mother-of-two hailed as a hero for confronting Woolwich attackers, thought: 'better me than a child'
- 5 Woolwich attack: The EDL will seek to exploit this evil crime for their own evil ends
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Making reading fun for kids
Nook is donating eReaders to volunteers at high-need schools and participating in exclusive events throughout the campaign.
Introducing the 'Get Reading' campaign
Get the latest on The Evening Standard's campaign to get London's children reading.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Day In a Page
Edward VIII’s phone calls - and how MI5 bugged them
Hollywood's random acts of red-carpet kindness
Not secure any more: G4S boss heads for exit at last
How to say ‘I’m a sellout’


Comments