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.
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Aug- 2020 -10 AugustBusiness
Pret A Manger reduces staff working hours
Embattled sandwich chain Pret A Manger has reduced the working hours of its staff in a bid to retain jobs. It comes as the group’s sales are currently down 65% compared with pre-Covid levels. In London sales are down 80%, where the challenges are reportedly most acute. It said that…
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Jul- 2020 -6 JulyCoronavirus
Pret set to slash 1,000 jobs and shutter 30 stores
Pret a Manger is reportedly set to slash almost 1,000 staff roles and shutter 30 of its 450 UK stores amid spiralling sales. According to a report by the Financial Times, Pret’s CEO, Pano Christou, said today (6 July) that the chain is facing a “significant restructuring of the business”,…
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Jun- 2020 -25 JuneCafes and Coffee Shops
Pret a Manger to pay just 30% of rent payments next quarter
Pret a Manger will pay only 30% of its rent over the next quarter after it warned it does not have “sufficient funds” to pay the bill in full. In a letter to landlords seen by the Evening Standard, chief executive Pano Christou warned landlords that the chain was in…
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23 JuneCoronavirus
Pret a Manger: job cut fears grow amid sliding sales
There are reportedly growing fears of imminent job cuts at sandwich shop chain Pret a Manger after a leaked video revealed a significant drop in sales. According to BBC News, a video has been leaked showing Pret boss Pano Christou telling staff that an announcement would be made about the…
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16 JuneCoronavirus
Deliveroo warns of ‘grave damage’ to hospitality sector without Government action
Deliveroo CEO and founder Will Shu, alongside 90 restaurant partners, including some of the UK’s leading restaurant brands, have today written to the prime minister to call for action to support the restaurant sector in the face of continuing challenges posed by Covid-19. The signatories, which collectively represent more than…
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10 JuneCafes and Coffee Shops
Veggie Pret sites to reopen this week amid pandemic
Pret A Manger has announced the reopening of its Veggie Pret stores across the UK this week, with the majority offering delivery for the first time. All 10 locations, which include nine London sites and one Manchester store, will reopen tomorrow (11 June), having closed since March amid the Covid-19…
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May- 2020 -20 MayCoronavirus
Wagamama to reopen 67 sites amid Covid-19 pandemic
Wagamama has announced it will reopen 67 of its sites for delivery and collection by the end of June. The restaurant has revealed from tomorrow (21 May) 24 of its sites will reopen, following a further 20 to be opened next week (28 May). The move comes after Wagamama temporarily…
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12 MayCoronavirus
Pret reopens a further 71 sites
Pret A Manger has continued the gradual reopening of its UK store estate with the announcement of a further 71 of its stores now open for takeaway and delivery. Pret had previously reopened 30 initial sites in and around London last month however the new reopenings include sites in Birmingham,…
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1 MayBusiness Bites
Are we beginning to re-open anyway?
The PM says he will soon announce the reopening plan after weeks of compulsory lockdown for the UKs public and its businesses. Boris Johnson is under pressure to come up with the blueprint for restarting the economy as the list of suffering firms grows larger and more and more redundancies…
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Mar- 2020 -25 MarchCoronavirus
Britain ‘sees opportunity’ for food and drink deliveries, says CGA
In the week prior to the Prime Minister’s stay-at-home order, 53% of the public used or planned to use delivery as an alternative, according to the latest research from CGA. Some 13% of the public received delivery from a restaurant or takeaway either for the first time, or more often…
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