Pret
Coverage focuses on the operational strategy and brand evolution of one of the UK’s most recognisable food-to-go and coffee chains. Reporting includes the rollout of Pret’s coffee subscription model, growth through franchise and travel hub partnerships with platforms like Moto and SSP, international expansion into markets such as the US, France, and India, and developments in menu innovation, delivery, and digital pre-ordering. Insight is designed for operators tracking high-street trading, commuter-driven footfall, and tech-led customer retention in the grab-and-go space.
-
Aug- 2024 -5 AugustCafes and Coffee Shops
Knoops appoints two non-exec directors
Knoops has announced the appointment of Julian Metcalfe and Alice Avis as non-executive directors, both also being investors in the business. Metcalfe is a “renowned” entrepreneur and co-founder of Pret a Manger and founder of Itsu. Avis was previously CEO and chair of the Sanctuary Spa Group, an international beauty…
Read More » -
2 AugustFood and Drink
Welcome Break FY profits rise 7% to £72.7m
Welcome Break, the operator of 35 motorway service stations with F&B outlets and hotels, has had a successful year to 31 December 2023 as operating profits rose by 7% to £72.7m. According to the group, the year was successful in terms of overall performance, particularly in the peak holiday periods…
Read More » -
Jul- 2024 -23 JulySponsored
Deliverect launches pulse to help restaurants bolster marketing intelligence
Deliverect, the leading global food tech SaaS company, today launched Pulse, a powerful marketing intelligence platform that gives restaurants the insights and tools they need to improve visibility and ROI. Pulse integrates with delivery platforms like Uber Eats, DoorDash, and Deliveroo, giving restaurants critical insights into operations and competitive intelligence…
Read More » -
Apr- 2024 -24 AprilNews
Today’s news in brief – 24/04/24
Tortilla revenues rose by 14% to £65.7m in the year to 31 December 2023, as it built on the momentum from the previous year’s record. During the period, the group opened six sites in the UK as well as one franchise site, taking the total to 87 locations. According to…
Read More » -
24 AprilFood and Drink
Pret co-founder returns amid board shakeup
Pret a Manger has announced that its co-founder Sinclair Beecham will return to the company in an advisory role as it reshuffles the makeup of its board. Olivier Goudet, who has been chairman since JAB’s acquisition in 2018, will step down and be replaced by his colleague Konrad Meyer. Meyer…
Read More » -
Jan- 2024 -18 JanuaryNews
Chopstix and Festival Street Kitchen open at Festival Place
Chopstix, the pan-Asian noodle bar, has opened a new location at retail and leisure destination Festival Place. It will be joined by street food operator, Festival Street Kitchen, which is upsizing into the centre. Having opened adjacent to Pret A Manger, Chopstix delivers its fresh pan-Asian inspired menu, spotlighting a…
Read More » -
Oct- 2023 -23 OctoberNews
Today’s news in brief – 23/10/23
Pret A Manger is partnering with franchisee Dallas International to expand its operations in the US. Dallas will operate about 50 Pret shops and have exclusive rights to open new ones in New York, Pennsylvania, and Washington D.C. The deal includes refurbishing shops and developing new formats, including drive-thrus, with…
Read More » -
23 OctoberFood and Drink
Pret A Manger to expand in US with Dallas International JV
Pret A Manger has announced a new joint venture partnership with existing franchisee, Dallas International, to expand its operations in the US through a combination of new equity shops and additional franchise agreements. As part of the new partnership, Dallas will have operational control of approximately 50 Pret shops in…
Read More » -
Jul- 2023 -18 JulyCafes and Coffee Shops
Subscription service helps boost Pret revenues up 20% in H1
Pret a Manger has posted revenues of £429.9m, an increase of 20.2%, for the first half of 2023 compared with £357.8m in H1 2022. The first half of 2023 saw Pret report a record sales week in May and June, driven by the success of its expanded subscription offer, Club…
Read More » -
Jun- 2023 -26 JuneRestaurants
Heavenly Desserts launches partnership with Itsu
Heavenly Desserts has announced a partnership with Itsu to launch sweet chocolate bao buns in its stores. Set to launch in Heavenly Desserts’ 48 restaurants UK-wide, the vegan bao buns are filled with a smooth chocolate filling and are served alongside a caramel dipping sauce. This addition to the Heavenly…
Read More »
