Exclusive: The boss of London’s oldest office provider returns from retirement to drive the City’s bounce-back April 4, 2022 As we passed the two-year anniversary of the first lockdown last month, City A.M. sits down with the CEO of London’s oldest office provider, who came out of retirement to drive the business’ post-Covid recovery. Shedding light on how the business and City has suffered, Argyll CEO John Drover reveals to this paper how his [...]
Firm behind loyalty schemes for Pret A Manger, Asda and Pizza Express recovers from pandemic March 16, 2022 The marketing firm behind loyalty schemes for brands such as Asda, Pret A Manger and Pizza Express is back in the black after a small pandemic loss. Eagle Eye Solutions, which manages schemes for major chains through coupons,, subscriptions and gift services, announced its half-year figures up to January, with £600,000 in profit, after a [...]
Pret coffee subscription service to increase £5 amid rising costs February 2, 2022 Sandwich chain Pret A Manger is hiking the price of its coffee subscription service 25 per cent amid soaring ingredient and labour costs. Pret said the monthly cost – which covers five barista-made drinks a day – would increase from £20 to £25 from tomorrow. This will apply to new subscribers straight away while those [...]
Pret sandwich sales in the Square Mile surge as City workers return to desks February 1, 2022 Two in three City workers were back at their desks last week, as Pret A Manger coffee and sandwich sales edge closer to pre-pandemic levels. According to the latest data from Bloomberg’s Pret Index, the coffee chain’s sales transactions hit 68 per cent of pre-Covid levels in the City and Canary Wharf. This marks the [...]
Unchecked climate change to drive up coffee prices January 31, 2022 Climate change could destroy half of the world’s prime coffee growing land, according to Swiss scientists, which will push up prices for caffeine cravers. The study published last week, which looked at how a moderate climate increase would impact the harvest of coffee, cashews and avocados, found that the world’s largest coffee producer – Brazil [...]
Pret A Manger boosts pay for staff in £9.2m investment January 12, 2022 Sandwich chain Pret A Manger has hiked pay for staff to above £10 an hour, in what it has called its biggest ever pay increase. In a £9.2m investment, some 8,000 staff members in the UK are set to see pay increase from a baseline of £9.40-9.56, to up to £10.15 per hour. Baristas will [...]
Pret A Manger sees dwindling City sales amid latest Covid-19 wave December 23, 2021 Pret A Manger has seen dwindling transactions amid the latest Covid-19 wave, which has hit its City stores hardest. Sales in the café chain’s store in the City have dropped by nearly a third, according to the Office for National Statistics, the lowest level Pret has experienced since late August. Pret, which operates around 400 [...]
Pret A Manger receives thousands of complaints over subscription December 20, 2021 Pret A Manger has been bombarded with complaints after its drinks subscription service excludes some hot and cold beverages.
Pret sales in City of London below pandemic levels November 23, 2021 Pret a Manger’s weekly sales are still down on pre-pandemic levels in the City of London while across the UK office lunch sales have made a full recovery. Sales of sandwiches and coffees from the chain’s Square Mile sites were 13 per cent down on pre-pandemic levels last week. Many City workers are still working [...]
Coffee prices soar as poor harvests hurt supply November 22, 2021 Coffee shops which have benefitted from the return of office workers are being hit hard by poor harvests in Brazil.