Pret
This coverage focuses on Pret A Manger’s strategic initiatives and retail activities in the UK market. In 2025, Pret introduced a new store format featuring made-to-order food and expanded dining areas, aiming to accelerate regional growth beyond London. The company has reached 500 shops across the UK, with 82% of new locations opening outside London since January 2023. Insights are tailored for retail professionals, brand managers, and business executives seeking to understand Pret A Manger’s impact and trajectory in the UK retail sector.
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Sep- 2025 -9 SeptemberHigh Street
Pret to trial new meal deal format amid strong FY24 sales
Pret A Manger has announced its plans to trial new meal deal formats later this year to capture demand for value-led food-to-go, as the company set out a new medium-term strategy to accelerate growth in its home market and internationally. The news comes after Pret reported sales of £1.2bn for…
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Jul- 2025 -21 JulyPeople Moves
TFG London appoints new chief brand officer
TFG London, owner of Hobbs, Whistles, Phase Eight and White Stuff fashion brands, has appointed Julia Monro as chief brand officer, with immediate effect. Reporting to the CEO, Monro will work closely with brand and cross-functional teams to define and implement marketing strategies that give TFG London’s house of brands…
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18 JulyShopping Centres
Cotswolds designer outlet officially opens to public
Cotswolds Designer Outlet has opened to the public, offering a mix of fashion, lifestyle and food brands alongside family-friendly facilities. The new outlet, developed by Robert Hitchins and managed by Multi-Realm, is located just off Junction 9 of the M5, on the edge of Tewkesbury. More than 50 national and…
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Jan- 2025 -31 JanuaryShopping Centres
Gloucester Quays sees 7.4% sales uptick in FY24
Gloucester Quays has announced a “record” Christmas trading with sales a 7.4% sales increase in FY24, 6.7% ahead of the national average. With Black Friday falling on November payday in 2024, and some retailer offers in advance of that date, the Christmas period proved successful for Gloucester Quays’ tenants. Across…
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Sep- 2024 -17 SeptemberNews
Today’s news in brief-17/9/24
THG (The Hut Group) has announced plans to potentially demerge its technology arm, THG Ingenuity. This move follows the group’s interim results for the half-year ending June 30, 2024, which showed a 1.6% rise in adjusted EBITDA despite a 3.6% decline in year-on-year sales. THG Ingenuity saw a notable 12.6%…
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17 SeptemberHigh Street
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit £1.1bn for FY23 for the first time, following its expansion into overseas markets. Pret confirmed that it achieved its medium-term growth target during FY23, which was set in 2021. The…
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Aug- 2024 -12 AugustNews
Today’s news in brief-12/8/24
Asda’s chair, Lord Rose, expressed embarrassment over the supermarket’s recent performance, citing a 5.3% drop in like-for-like sales and a market share decline from 14.8% to 12.7%. He suggested it might be time for co-owner Mohsin Issa to reduce involvement. Asda has initiated a £50m store upgrade and £30m investment…
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12 AugustHigh Street
Pret hands out body cams to staff amid rise in retail crime
Pret A Manger has dished out body cameras to its staff amid a surge in shoplifting cases and attacks on retail workers in the wake of the pandemic, according to the Telegraph. The coffee shop chain has reportedly launched a trial of the body-worn cameras in six of its London…
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Apr- 2024 -24 AprilNews
Today’s news in brief-24/4/24
Bérangère Michel, the executive director of finance for the John Lewis Partnership, is resigning after 16 years with the company. She is leaving to explore new career opportunities, having played a vital role in enhancing the business’s financial performance. Her departure prompts a recruitment process for her replacement, expected to…
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24 AprilHigh Street
Pret co-founder returns amid board shakeup
Pret a Manger has announced that its co-founder Sinclair Beecham will return to the company in an advisory role as it reshuffles the makeup of its board. Olivier Goudet, who has been chairman since JAB’s acquisition in 2018, will step down and be replaced by his colleague Konrad Meyer. Meyer…
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