Pret owners in discussions for IPO or possible sale June 6, 2025 Pret’s parent company JAB Holding has engaged advisors to explore options for the sandwich chain, which include a potential sale or stock market float. Luxembourg-based JAB, which bought Pret for £1.5bn in 2018, told the Financial Times that it was not “currently” considering a sale, but added: “As we move closer to a potential IPO, [...]
Pret A Manger: Why prices rises are ‘inevitable’ after surviving ‘near-death crisis’ May 19, 2025 The boss of Pret A Manger in the UK has revealed the tough economic reality the country is currently facing means it is “inevitable” that some prices will have to be increased. Clare Clough admitted recent years have been “challenging” for the high street staple but that the brand’s number one priority is to find [...]
Pret A Manger hit with winding up petition by water company February 14, 2025 Pret A Manger has been hit with a winding up petition by a business water supplier over unpaid debts
Pret grows globally as £1 in every £4 now spent outside the UK September 17, 2024 Pret a Manger may be a London lunchtime staple but it has made a firm push for international growth, with over a third of its stores and a quarter of its sales now in international markets. In its half-year results, the sandwich and coffee chain said its sales grew by 10 per cent year on [...]
Pride month is ripe for pinkwashing, but LGBTQ charities need corporate support to survive June 15, 2024 Corporate Pride campaigns get a bad rep for pinkwashing, but, when done right, businesses can support meaningful change, writes Amy Heritage.
Why Greggs is beating Pret in the battle of the lunch break May 30, 2024 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 April 24, 2024 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 October 31, 2023 CityAM 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 [...]