Greggs hit by card payment outage

20th Mar 2024 09:15

(Sharecast News) - Bakery chain Greggs was facing disruptions in its operations on Wednesday morning, due to an IT issue impacting card payments.

The BBC reported that a number of the FTSE 250 company's stores had been forced to close or to accept cash only.

Greggs issued a statement acknowledging the problem.

"We are currently experiencing issues accepting payments in our shops," it said, reporting that efforts were underway to rectify the issue.

The incident came in the wake of similar card payment outages experienced by major retailers in recent days, including Sainsbury's, Tesco and McDonald's.

At 0916 GMT, shares in Greggs were down 0.28% at 2,822p.

Reporting by Josh White for Sharecast.com.