Pret a Manger facts for kids
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Inside Pret a Manger, Victoria, London
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| Private | |
| Industry | Fast casual restaurant |
| Founded | 21 October 1983 |
| Founder | Julian Metcalfe and Sinclair Beecham |
| Headquarters |
London
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UK
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Number of locations
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697 (as of April 2024) |
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Area served
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17 Countries and Regions: UK, US, France, Hong Kong, UAE, Canada, Belgium, Germany, Greece, India, Ireland, Italy, Kuwait, Luxembourg, Singapore, Spain, Switzerland and Qatar. |
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Key people
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Pano Christou (CEO) |
| Products | Sandwiches, salads, soups, coffees and snacks |
| Revenue |  £790.1 Million (2022) |
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Operating income
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£52.1 Million (2022) |
| Owner | JAB Holding Company |
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Number of employees
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12,000 (2018) |
Pret a Manger /ˈprɛt ə ˈmɒ̃ʒeɪ/ (prêt à manger is French for ready to eat) is a British sandwich shop franchise chain headquartered in London, United Kingdom, and founded in 1983. It is popularly referred to as Pret. As of April 2024, Pret had 697 locations worldwide, including 498 in the UK and 62 in the US, It also has locations in France, Hong Kong, India, Switzerland and 11 other countries (see Locations).
History
First restaurant
Jeffrey Hyman founded the first Pret a Manger in London on 21 October 1983. The first shop opened in Hampstead, London, in 1984. The name Prêt à Manger (French pronunciation: [pʁɛt‿a mɑ̃ʒe], "ready to eat") was based on prêt-à-porter, French for 'ready-to-wear' clothing.
Opening in June 1983, the company traded at 58 Hampstead High Street for 18 months at which time takings had dropped to below break-even point and the company went into liquidation. The name and visual branding was purchased from the company liquidator David Rubin by two university friends, Sinclair Beecham and Julian Metcalfe.
1986 onwards
Beecham and Metcalfe started a new operation, using the Pret a Manger name purchased from the former company's liquidator. They opened their first Pret a Manger in July 1986, located at 75b Victoria Street in London. They developed the chain's menu of handmade natural food, prepared in shop kitchens, and remained significant shareholders.
In 1995, Metcalfe and Beecham set up The Pret Foundation, to help alleviate poverty in the UK. The Pret Foundation received donations from collection boxes in shops, funding a fleet of electric vans that deliver unsold food to homeless shelters at the end of each day, including FareShare, The Felix Project and City Harvest. The Pret Foundation has awarded over £7 million to over 100 charities across the UK, tackling homelessness, hunger and poverty.
The first shop outside London was opened on Broad Street, New York, in 2000, and by 2016, there were 74 Pret shops across the United States. In 2001, McDonald's bought a 33% non-controlling stake in the company, which they sold in 2008 to the private equity firm Bridgepoint Capital.
In 2008, Pret a Manger's charitable foundation, The Pret Foundation, launched its "Rising Stars" programme, which supports people at risk of homelessness, including former prisoners and refugees, with sustainable employment in Pret shops, training, free travel, gift-cards to buy new clothes and peer-to-peer weekly support groups. As of 2022, over 600 people have joined Rising Stars, with 80% completing the 12-week programme. Some "Rising Stars" have gone on to become shop managers, or have been recruited to Pret's head office in London, known as "75B". 50p from every sandwich on its Christmas menu, 50p from Pret's "Hog Roast Mac n Cheese" and 10p from every soup goes to The Pret Foundation.
Pret a Manger opened its first shop in France in 2012 and had 51 shops in France by 2022.
In June 2016, after running an online poll, Pret a Manger opened a vegan and vegetarian branch in Soho, London, under a new brand name, Veggie Pret, changing its Twitter page for the launch from burgundy to green. "We opened our Veggie Pret pop up as an experiment," Pret's group chief executive at the time Clive Schlee wrote in a blog post, "never imagining it would be around for more than a month. We ended up making it permanent..."
In 2016, Pret's group sales were £776 million.
In April 2017, the company opened its second Veggie Pret in Shoreditch, East London.
In September 2018, JAB Holding Company acquired Pret a Manger from Bridgepoint.
In May 2019, Pret bought rival chain Eat for an undisclosed sum, originally planning to convert many branches into Veggie Pret shops.
On 27 August 2020, during the 2020 coronavirus pandemic in the UK, the company announced that it would cut 2,890 jobs from its UK workforce (more than a third of the current employees). The primary reason given was a severe downturn in trade. Most jobs would be lost from shops, with 90 roles lost in the company support centre.
In April 2022, the company announced plans to enter the Irish market, opening 20 outlets and creating 500 jobs.
In April 2023, Pret A Manger opened its first outlet in India in partnership with Reliance Industries.
In August 2023, Pret a Manger was fined £800,000 for a health and safety offence after an employee was trapped in a walk-in freezer for more than two hours.
In February 2024, Pret announced that it was abandoning its vegetarian-only stores and would be converting its final three Veggie Pret outlets to normal Prets by the end of the month. Later the same month, Pret revealed that it would be cutting the prices of its best-selling sandwiches following accusations of profiteering. Officials at the chain blamed the price increases on rising energy bills and the cost of labour.
Locations
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The company emphasises the use of natural ingredients and advertises that its sandwiches are made on the day of purchase in a kitchen at each location (with the stated exception of a few small outlets). Food left unsold at the end of the day is collected by charities. Sandwiches are packaged in paperboard rather than sealed plastic.London is Pret's biggest market where 42% of its stores are located. There are 697 locations worldwide as of April 2024 in the following locations:
- United Kingdom: 498 (479 in England including 291 in London; 17 in Scotland; 2 in Wales; and 1 in Northern Ireland)
- United States: 62 (58 on the East Coast; 2 in Chicago; and 2 in Los Angeles)
- France: 48
- Switzerland: 11
- Canada: 5
- Hong Kong: 25
- India: 11
- Ireland: 6
- United Arab Emirates: 7
- Belgium: 1
- Germany: 9
- Kuwait: 6
- Italy: 1
- Luxembourg: 1
- Singapore: 1
- Greece: 1
Organisation
In 1998, the company employed 1,400 people, of whom 19% were from the UK and 60% were from other European Union countries, mainly in Eastern Europe. Pret a Manger employs 1 in every 14 applicants. Applicants go on a one-day experience day at a shop and their success is determined by votes from the staff members. Many managers and senior executives have come from within the company.
The organisational structure of Pret a Manger is divided between its stores and the main offices. The London head office is the hub for the UK stores, while the office in New York City is the hub for the American stores. Each store contains levels of positions that range from team member to general manager of the store. Above the in-store manager is the operations manager who is in charge of a group of roughly 10 stores, and above that are more senior management positions based out of the offices that are tasked with coordinating a region and maintaining communication with the company's CEO in London. All office employees are paired with a "buddy shop" where they work at least two days a year.
While the uppermost levels of management are located in the offices, not all the office jobs are above the store jobs in the organisational structure. Orders do not strictly flow from the head offices in a top-down manner; instead, the channel of communication between the executives and the stores is open in both directions.
Pret a Manger promotes an internal culture as described in a leaflet entitled "Pret Behaviours". The behaviours break down traits into three categories: passion, clear talking and team working – and identify specific behaviours as "Don't want to see", "Want to see", and "Pret perfect!" The number of behaviours Pret hopes an employee exhibits increases with rank within the company: team members should practise around six behaviours, managers ten, and the company's executives all of them.
See also
In Spanish: Pret a Manger para niños
