British baker Greggs bucks retail gloom with higher profit prediction

LONDON (Reuters) - Baker and takeaway food group Greggs raised its profit forecast on Monday, lifting its shares and reinforcing its position as one of Britain's few strongly performing retailers.While Greggs is thriving and expanding, many British retailers are closing stores due to rising costs and the shift to internet sales.The stock rose as much as 14.2%, taking gains over the last year to 69%. This rise has been partly fuelled by the phenomenal success of Greggs' vegan sausage roll.Greggs..