Pret a Manger back in black after pandemic massacre as sandwich giant eyes overseas expansion return to profitability Sandwich and coffee chain Pret a Manger has said it returned to profitability in March after suffering another year of hefty losses in 2021 amid lockdowns and Covid restrictions. The group revealed it remained in the red with operating losses of £225.9m last year, in new filings on Companies House. This was an improvement on [...]
Pret A Manger plots dozens of new sandwich shops in Republic of Ireland and Northern Ireland debut PRET EXPANSION Sandwich chain Pret A Manger has announced plans to open up stores in the Republic of Ireland and Northern Ireland for the first time. The new openings follow an agreement of terms being reached with franchise partner Carebrook Partnership Ltd. Some 20 Pret shops will be opened across the island, creating some 500 jobs, the [...]
Firm behind loyalty schemes for Pret A Manger, Asda and Pizza Express recovers from pandemic Back in the black 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 [...]
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 sales lag behind pre-Covid levels as office workers slowly return to desks after Omicron fears January 11, 2022 Workers have been slow to return to the Square Mile this year, Pret’s coffee and sandwich sales reveal. Transaction volumes in the City of London and Canary Wharf districts were more than one third down on pre-pandemic levels last week. Bloomberg’s Pret Index laid bare the impact of Covid guidance introduced at the end of [...]
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.
Suburban takeover: Pret sets out plans for more than 200 new shops September 22, 2021 Sandwich chain Pret a Manger has announced plans to open more than 200 UK shops in the next two years, as it aims to become more than a “white collar worker’s staple”. The business hopes to double its size within five years, with a £100m net investment by JAB and Pret founder Sinclair Beecham to [...]
Pret A Manger mulls expanding into coffee vending machines in move to diversify July 29, 2021 Pret A Manger is set to expand into coffee vending machines. The sandwich chain is joining the trend, according to the Financial Times, to widen its product offering through automated dispensers as the sector suffers from the drop in commuters and staff shortages. Earlier this month, the company’s application to trademark the name “Pret Express” [...]