Why Greggs is beating Pret in the battle of the lunch break Dougie Hastings While Pret has failed to commit to any real market position, Greggs is reaping the rewards of building an irreverent and loyal fanbase, says Dougie Hastings There’s an old saying in London – you’re never more than 6ft from a rat and 50m from a Pret a Manger. But the popular high street sandwich chain [...]
Pret A Manger names new chair as it sets sights on international expansion Hospitality Pret A Manger has named its new chairman and announced the return of one of its co-founder as it shakes up its board amid a period of international growth.
Blank Street: How the New York coffee chain plans to take over London FOOD City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.
Pret-A-Manger doubles discount on Club Pret as chain looks to take scheme international August 24, 2023 Pret-A-Manger will double the discount it offers on its Club Pret subscription from 10 per cent to 20 per cent as the chain rolls out the loyalty scheme worldwide. Lovers of the cafe’s sandwiches and snacks will now enjoy further discounts alongside five ‘free’ coffees a day. However, Pret will still charge £30 for the [...]
Pret A Manger: Back to profit for first time since 2018 July 18, 2023 Pret A Manger has announced an annual profit for the first time since 2018 thanks to a successful international push and its revamped coffee subscription service. The high-street favourite recorded revenues of £429.9m, growing by 20.2 per cent compared to the same period in 2022 when it reported a loss of £226m. Its last profitable year [...]
Pret hikes price of coffee subscription in wake of soaring inflation April 26, 2023 Pret-A-Manger has revealed that it is increasing the price of its subscription service by £5 in the wake of soaring inflation. The London-born coffee chain said that the price of its ‘Club Pret’ loyalty service is rising from £25 to £30, however, fans of the cafe will now also receive a 10 per cent discount [...]
A bigger bite: Pret hikes team member salaries as commuter coffee favourite vows to invest in workforce March 2, 2023 Pret a Manger will increase the salaries of its workers from the start of next month to avoid falling foul of minimum wage laws, which change on April 1. Sandwich chain Pret said that it would hike pay for its worst-paid staff by 2.9 per cent, from £10.30 an hour to £10.60 an hour. It ensures [...]
Pret launches a value sandwich meal deal, but what can you get and for how much? January 5, 2023 A sandwich for under £3 and a baguette deal for a fiver are part of Pret A Manger’s new value range meal deal announced today. With the cost of living crisis continuing to bite into millions of Brits’ earnings and savings, high-street favourite Pret is now offering food deals to make lunch cheaper. The new [...]
Pret A Manger invests £10m in staff pay bringing salaries above inflation October 11, 2022 Pret A Manger will invest £10m to support its staff with the cost of living crisis, bringing pay above inflation. The outlet will give its workers a salary boost from 1 December to the tune of five per cent. This comes after the coffee chain invested £9.2m in April this year, with 6,500 of its [...]
Pret a Manger back in black after pandemic massacre as sandwich giant eyes overseas expansion July 4, 2022 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 [...]