Pret A Manger ‘being punished for focusing on UK’ Retail Pret A Manger is being punished for focusing on the UK and this is a “disaster for domestic growth”, according to the chief executive of drinking chocolate chain Knoops. Writing on LinkedIn, William Gordon-Harris said “the sad fact is for UK domestic growth is that so many UK founded businesses focus their growth after launch [...]
Danish bakery Ole & Steen brews up success with buns on demand Retail International bakery Ole & Steen has reported a double-digit uplift in sales, boosted by online deliveries to business and consumers. Turnover grew five per cent last year after a strategy revamp, with revenue increasing to £36m from £34m in 2023. UK managing director Graham Hollinshead said the company has “firmly re-established [its] position as London’s [...]
Will Pret a Manger’s IPO be a tasty treat for the City? Markets There are few better ways to start the morning than with a bacon sandwich. Outside City AM‘s offices on Cheapside, a coterie of cafes and sandwich shops open at 6am to sate City workers’ cravings for the greasy, umami-rich bap. There is often a line stretching out the door at Greggs, which charges £3 for [...]
Morrisons to cut hundreds of jobs and close cafes in huge shake-up March 24, 2025 Supermarket giant Morrisons has put 365 jobs at risk after it revealed plans to close more than 50 of its cafes. The Yorkshire-headquartered chain said 52 of its cafes, 17 convenience stores and dozens of meat and fish counters at its shops are slated for closure. Morrisons said the closures are part of a “wide-ranging” [...]
A sandwich revolution and the City of London February 26, 2025 The humble sandwich is having a revolution in London, but Carys Sharkey takes a tour of the City to see if bigger is always better In the City, queues spill out of sandwich shop doors as the rigmarole of work is punctured by bread and spread. But the sandwich is no longer a humble thing. [...]