All Pret A Manger articles – Page 10
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News
Steve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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Peter Martin: Fairness and equality – the campaign still has a way to go
There’s good news and bad news on the diversity front this month. New official figures show that 33% of all FTSE 100 board directors are now women, hitting the Government’s own target a year early, and up from just 12.5% less than a decade ago. That’s the positive bit – and the fact the milestone was achieved on a voluntary basis, without the need for legislation, fines or penalties, received big thumbs-up from business secretary Andrea Leadsom.
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News
Pret ‘behind the curve’ on digital
Pret has been a “bit behind the curve” in terms of digital innovation, UK MD Clare Clough has told MCA’s Food to Go conference.
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Analysis & Insight
Food to Go key take-outs
Now I might be a tad biased, but I thought MCA’s recent Food to Go conference was rather good. It’s always great to hear from operators at the coal-face, and the line-up included several interesting speakers all prepared to share some insights on how they are grappling with the opportunities and challenges of the maturing Food to Go marketplace. And yes, let’s not be in any illusion, some of the froth has come off this previous darling of the Eating Out market, with increasing signs of localised saturation only reinforcing the importance of enhancing consumer relevance. So how is this being pursued?
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Analysis & Insight
Top 10 F2G brands grow market share
The top 10 Food To Go brands grew sales by 3.4% in 2019 to a market share of 33.6%, outperforming the wider Food to Go (FTG) market, MCA Insight reveals.
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News
Retailers’ Retailer full nominees list revealed
The finalists for MCA’s Retailers’ Retailer Awards 2020 have been announced, with the cohort reflecting a diverse and vibrant range of eating and drinking out operators.
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News
Benzie swaps Pure for Barkby
The Barkby Group, the premium gastropub operator and coffee group, has appointed Douglas Benzie as chief financial officer.
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Pret to accelerate Eat conversions
Pret plans to have the Eat estate fully absorbed into the Pret brand by the Summer.
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News
Pret most admired brand for eleventh consecutive year
Pret has been crowned the ‘most admired brand’ by leading industry professionals for the eleventh consecutive year.
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Analysis & Insight
UK coffee shop numbers shrink by 0.9%
The UK coffee shop market has shrunk by 0.9% in terms of outlet numbers, following restrained investment in the context of Brexit uncertainty and tough high street trading, Allegra World Coffee Portal reveals.
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News
Gunwharf Quays – Restaurant and retail therapy a plenty!
With more than 30 bars, cafés and restaurants (as well as over 90 shops) Gunwharf Quays offers an abundance of opportunities for plenty of remedial treatment. Supported by its impressive waterfront location, attractive design and assorted leisure-related reasons to visit, Gunwharf Quays is one of the UK’s finest outlet shopping centres. So amongst some Christmas shopping, I was keen to see how it is using its extensive assortment of Food & Beverage purveyors to both restore weary shoppers as well as to act as a footfall driver in its own right. But also, and more critically, I was keener to see some something new and surprising.
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News
Pret’s chief customer officer resigns
Pret’s chief customer officer, Barnaby Dawe, has resigned and will leave the business at the end of the year. Dawe, who joined Pret in 2018, plans to return to work in media and ecommerce where he worked at Harper Collins, Sky, The Sun, The Times and Channel 4.
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News
Pret, TGI Fridays and M&B sign up with allergy app
Pret, TGI Fridays and Mitchells & Butlers have all teamed up with a new smartphone app to help people with allergies avoid food which could trigger them. The free app, called Dinepilot, allows consumers to filter meals based on 14 of the most common allergies, and it also ensures operators comply with food allergy management.
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Jollibee heading for Liverpool
Filipino fried chicken chain Jollibee is set to open its second UK site in Liverpool.
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Papa John’s appoints R&D director
Papa John’s has appointed Tom Allen to the newly-created role of R&D director for the UK.
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News
Pret lines up Eat conversions
Pret a Manger is converting the first Eat into a Pret in Moorgate, while a Veggie Pret will follow in Canary Wharf later this month.
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News
Profits down at Pret A Manger but sales up
Pre-tax profits at Pret fell from £64.9m to £48.8m for the year ending 3 January 2019, a drop of 25%. However, sales were up 12% to £710m compared to £636.7m the year before. The business said Pret planned to continue delivering consistent like for like growth by focusing on innovating its menu, growth of day-parts, increased brand awareness, operations and expansion.
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News
Pret rolls out coffee cup recycling scheme to majority of shops
Pret has expanded its coffee cup recycling scheme to more than 350 UK shops – almost 90% of its estate – following successful trials in London, Leeds and Glasgow.
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News
Pret to complete allergen labelling roll-out this week
Pret A Manger is on target to complete the roll-out of full ingredient labels on freshly made products, at all 391 of its UK shops, by the end of this week.