All Pret A Manger articles – Page 9
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OpinionDominic Walsh: On not-so-Super Saturday and the pain that’s yet to come
If anyone thought that July 4 would bring down the curtain on the 15-week coronavirus purdah, they were soon disabused of the notion. Super Saturday was – like the weather – something of a damp squib. While some of the big pub companies opened as many as 80% to 85% of their estates on day one, research by CGA suggests that only 45% of hostelries opened their doors on Independence Day.
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NewsPret to close 30 shops
Pret CEO Pano Christou has said it is a “sad day” for Pret after he announced it was permanently closing 30 shops as a result of the coronavirus crisis. He said the impact of the virus on operating costs and cashflow had been “significant”, with sales down 74% year on year, and that Pret would now look to reduce staff across its remaining shops and at its London HQ. It will also look to sell the lease of the building.
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NewsPret could close 10% of UK stores
Pret A Manger could close up to one in ten of its around 400-strong UK estate as it deals with the dramatic drop-off in city centre footfall.
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NewsPret job cut fears following sales slump
Pret could be set to make job cuts as it’s been revealed that weekly sales have plummeted by 85% during the coronavirus crisis.
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NewsPret trials click and collect
Pret has launched a click and collect trial in five of its London stores.
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NewsVeggie Pret reopens with new delivery service
Pret is reopening all of its Veggie Pret stores across the UK this week.
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InterviewsPret CEO Pano Christou: We expect a permanent delivery boost
Pret a Manger expects to see a permanent boost in delivery volumes, with the lockdown accelerating its technology development by three or four years, CEO Pano Christou has told MCA’s The Conversation.
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NewsPret to reopen further 204 stores next week
Pret is to reopen a further 204 stores for takeaway and delivery next week.
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NewsTwo-metre distancing needs ‘flexible interpretation’
If the Government refuses to re-evaluate its two-metre physical distancing guideline, it will be up to the industry to interpret the rule “as flexibly as we can,” Jeremy Roberts, Living Ventures co-founder has said.
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NewsOperators continue to reopen for takeaway and delivery
Starbucks, Subway, Chipotle, Caffe Nero and Loungers are among the latest operators to reopen sites for delivery and takeaway services this week.
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NewsPret to open another 20 shops in London on Friday
Pret will reopen 20 more shops in London on Friday, following a successful trial where it reopened ten shops in the capital. As before, all the outlets will be open for collection and delivery only. Pret said since reopening ten shops on 16 April it had “found a way to operate shops safely and in line with government guidance”.
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NewsPret: What it's like to operate in a lockdown
There are three main reasons for reopening. Firstly, we wanted to find a way to support the NHS and essential workers during this difficult period. Since we temporarily closed, we’ve received several requests from hospitals and healthcare workers wanting access to freshly prepared food. That’s why we’ve initially chosen Pret shops located near hospitals to reopen for takeaway and delivery only.
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OpinionPeter Martin: How to make friends, and influence the right people
The prime minister is safely back in Downing Street, and there are more signs of life in the out-of-home market as the likes of Burger King, Pret a Manger and KFC take tentative steps to reopen sites. But for much of the hospitality and leisure sector the outlook remains uncertain and confusing. Last week’s pronouncement by chief medical officer Chris Whitty that “disruptive” social distancing is likely to be a feature of day-to-day life even until the end of the year, did nothing to calm the nerves of an already under pressure industry.
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NewsPret seeking €100m loan for post-coronavirus period
The Financial Times has reported that Pret A Manger is seeking a “€100m urgent loan from global banks” to navigate it through the coronavirus crisis. Pret CEO Pano Christou told the FT that Pret had enough cash to make it through the current lockdown but it needed funds for a “test and learn stage” to develop the operation once lockdown restrictions have been lifted.
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NewsPret adds Just Eat to delivery partners
Pret A Manger has launched a new partnership with Just Eat for delivery, with an exclusive click and collect proposition for in store.
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NewsPret to re-open ten shops on Thursday
Pret will re-open ten shop kitchens located near hospitals on Thursday, for takeaway and delivery only, after requests from NHS workers and hospitals. It’s also reinstated the 50% discount for NHS workers until April. The move will also allow Pret to start up its supply chain and donate around 7,000 meals a week to homeless charities. The kitchens will be open between 8am and 2pm and delivery will be made via third party operators. Pret will also start selling basic groceries like milk, butter and tea.
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NewsMcDonalds, Nando’s and Pret among brands to close entire estate
McDonalds, Nando’s and Starbucks are among a list of operators that have announced estate-wide closures following Friday’s Government announcement.
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NewsPret to close all stores
Pret a Manger has just announced it will be closing all its 400 UK stores from this evening.
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NewsPret spends £20m on allergy overhaul
Pret A Manger spent £20m last year on anti-allergy measures, including full ingredients labelling, as it overhauled safety measures after the deaths of two people who had eaten its products, The Financial Times reports.
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Analysis & InsightSteve Gotham: The devil in the detail on outlet growth
Outlet numbers are a critical metric we closely study within MCA’s Operator Data Index. Recently we rechecked December 2019 numbers, reassessed growth trends and reviewed outlook announcements from operators, ahead of producing our own forecasts of expansion/contraction across 250 leading casual dining brands.