Business

Pret a Manger to open 20 new stores in Ireland and the Netherlands over the next decade

Pret a Manger will open 20 new stores across Ireland and Northern Ireland over the next decade, creating 500 jobs

  • The expansion of the sandwich shop is expected to create about 500 jobs
  • This is part of Pret’s ambition to enter new markets around the world
  • Pratt closed about 40 stores in Britain and cut 3,700 jobs in 2020

Pret a Manger is set to join Ireland and Northern Ireland as it promotes expansion plans following the closure of dozens of stores during the pandemic.

The coffee and sandwich chain has said it plans to open 20 new stores on the island over the next decade, with the first to open in Dublin this summer.

Pratt has closed about 40 stores in Britain and cut 3,700 jobs since the beginning of Covid after inflicting significant losses when office workers switched to remote work.

Extension: Pret a Manger will open its first Irish café in Dublin this summer

The company, owned by investment group JAB and founder Sinclair Beechem, will open new stores thanks to an agreement with Carebrook Partnership, one of the longest-running franchise partners.

The move is expected to create about 500 jobs and is part of Pret’s ambitions to expand into new markets around the world.

The network has finally started to see the business coming back when employees return to the office sales at its stores in the City of London are at 86 per cent from levels up to Covid last month.

Last September, the company unveiled plans to open more than 200 new stores in the UK in two years.

It says there will be new outlets concentrated in more suburban and provincial areas, where attendance is better than in urban centers, as well as in transport hubs and road maintenance stations.

At the time, he also said he was looking to double the business in five years, launching five new markets by the end of 2023.

Mr. Christo’s CEO wants to enter five new markets by the end of 2023

Mr. Christo’s CEO wants to enter five new markets by the end of 2023

The Executive Director of Mr Christou said: “Opening a store in the Republic of Ireland and Northern Ireland has been our plan for a long time and we are very pleased that we have finally managed to make it happen.

“Our neighbors from the island of Ireland have long had a demand to bring freshly prepared Pret food and organic coffee, and now with the support of Carebrook Partnership Ltd we can do it.

“We look forward to the success of this partnership.”

Currently, Pret has stores in the UK, US, Hong Kong, France, Dubai, Switzerland, Brussels, Singapore and Germany.

The company, which built its business by capturing downtown trade using the “follow the skyscraper” mantra, had to adapt to changes in consumer behavior after the pandemic.

He has liaised with the UK’s largest independent operator Motor Fuel Group and Moto, a service company.

It has also launched the UK’s first street coffee subscription service, where customers can pay £ 25 a month to get up to five free drinks a day, new organic coffee products, and partnered with such supermarkets. as Tesco.

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Pret a Manger to open 20 new stores in Ireland and the Netherlands over the next decade

Source link Pret a Manger to open 20 new stores in Ireland and the Netherlands over the next decade

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