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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Sep- 2020 -11 SeptemberCafes and Coffee Shops
Caffe Nero drafts in KPMG for landlord negotiations
Caffe Nero has drafted in KPMG in a bid to negotiate high street rent cuts with landlords, according to Sky News. It comes as the coffee chain, which operates 660 stores across the UK, is looking to “review its options” regarding its property portfolio amid the latest government restrictions concerning…
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4 SeptemberCafes and Coffee Shops
Pret to launch ‘first ever’ in-shop coffee subscription service
Pret A Manger has announced it is to launch the “UK’s first ever” in-shop coffee subscription on Tuesday 8 September – the company’s first step to deliver its new multichannel strategy. The ‘YourPret Barista’ coffee subscription will cover all drink options prepared by Pret’s barista team and comes at a…
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Aug- 2020 -28 AugustCafes and Coffee Shops
Pret a Manger to cut 2,800 jobs
Pret a Manger has confirmed it is to cut 2,800 high street jobs as part of a restructuring following almost two months of consultations with team members. The high street chain said that although sales and footfall have started to show “clear signs of recovery”, Pret sales over the last…
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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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