Baker's Oven
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Bakers Oven was a British bakery chain. In May 1994, it was acquired by Greggs; in December 2008, the shops of Bakers Oven were renamed as Greggs.


History

Bakers Oven was founded by
Allied Bakeries An alliance is a relationship among people, groups, or states that have joined together for mutual benefit or to achieve some common purpose, whether or not explicit agreement has been worked out among them. Members of an alliance are called ...
in 1976, and its first location was in Barnard Castle. In 1984, the company acquired the sixty four outlets of Carricks of Newcastle, and converted them to Bakers Oven. In March 1990, there were 628 outlets and four main bakeries.Greggs buys Baker's Oven , Herald Scotland
/ref> In May 1994, it was sold to Greggs for £18.5 million in cash."Greggs buys chain." Times ondon, England28 May 1994: 22. The transaction included 424 shops and two main bakeries, one in Twickenham, and one in Newcastle. The majority of outlets of Bakers Oven were located in the
South of England Southern England, or the South of England, also known as the South, is an area of England consisting of its southernmost part, with cultural, economic and political differences from the Midlands and the North. Officially, the area includes Gr ...
, whilst most Greggs outlets were in the North, so the property portfolios were complementary.ABF rises on Baker's Oven sell-off plan The Observer (1901–2003) ondon (UK)10 April 1994: A2. 20% of stores were freehold. Both chains had sales of around £100 million, but Greggs was significantly more profitable. 169 Bakers Oven outlets had in store bakeries, and 170 outlets provided seating. After the takeover by Greggs, shops of Bakers Oven coexisted with Greggs, offering higher quality at higher prices, and focussing on a higher socio economic demographic. The 2007 ''Retail Directory'' stated that were 216 outlets of Bakers Oven.


Rebranding to Greggs

On 9 December 2008, Greggs announced that Bakers Oven South and Midlands divisions would fully merge with Greggs plc. All 165 shops of Bakers Oven became Greggs, forming the division of ''Greggs East''.


References


External links


Official site
{{UK Food Retail companies of the United Kingdom Bakeries of the United Kingdom Food and drink companies disestablished in 2008 Companies based in Newcastle upon Tyne 1976 establishments in England Food and drink companies established in 1976 British companies established in 1976 British companies disestablished in 2008