Food to Go News – Page 15
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Pret reports H1 revenue up 230% on 2021
The food to go brand said regional sales had outstripped growth in the capital on a like-for-like and total revenue basis, with the group returning to profit in March
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Rail strikes hit Pret sales hard
The food to go retailer saw sales down 26% in its City sites in the week to 23 June as footfall in London’s financial and shopping districts fell sharply, according to Bloomberg’s latest Pret Index
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SSP launches new food-to-go concept
Soul + Grain in London’s Victoria station features pastries, salads, and freshly made sandwiches and toasties
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Openings of the week
D&D London, JD Wetherspoon and Tim Hortons feature in MCA’s roundup of the latest openings news this week
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Pret sees boost from office workers
Sales in the City and Canary Wharf were at 88% of pre-Covid levels in the week to 16 June – up 14ppts from the previous week, according to the latest Bloomberg Pret Index
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Itsu planning 50 franchise sites in France
The Asian-inspired brand has signed a master franchise agreement with French restaurant empire Groupe Bertrand and appointed Nick Schapira as its director of international
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Pret to launch in Spain and Portugal
Pret A Manger has reached an agreement with Ibersol Group to launch Pret in Spain and Portugal as it looks to grow its international reach.
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Pret unveils new visual identity
The new look is designed to be fresher and more modern, as well as accessible, inclusive and welcoming, the company said
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Greggs still considering overseas expansion
Former chief executive Roger Whiteside told MCA the food to go retailer still had a small team working on where there could be opportunities to take Greggs outside the UK
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Chopstix aiming for the century within a year
The Asian QSR brand, which earlier this week announced a partnership with Haven, has another five franchise partners lined up, MD Jon Lake told MCA
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Greggs ‘desperate’ to open more transport hubs
Roger Whiteside, who steps down as CEO later today, said even if numbers in London never return to normal, the capital would still be busier than anywhere else
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Greggs achieves 27% lfl rise
The food to go retailer said sales in larger cities and office locations continued to lag behind the rest of the estate but that transport hubs had shown a marked increase in activity in recent weeks
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Easter sales slowdown for Pret
Sales in Pret’s West End sites were down 12% to 86% of pre-pandemic levels in the week to 21 April, with airport sales hit by fight cancellations, according to Bloomberg’s latest Pret Index
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Poke House lines up a further eight UK sites
The Italian-based poke business will open in Covent Garden and Battersea Power Station as part of its plans to open 65 UK sites by the end of next year
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EG Group’s UK foodservice business to fuel growth
EG’s plans including rolling out 50 Leon and 30 Cooplands sites per year, as part of a target to create more than 32,000 jobs globally over the next five years
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Tim Hortons announces first London site
The Canadian QSR brand plans to double its estate in the UK, to 100 sites by the end of 2023, with its first location in the capital to open later this month
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Pret secures new agreement for Irish expansion
An agreement of terms has been reached with existing franchise partner Carebook which will see 20 Pret shops opened across Ireland over the next decade
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Tortilla to accelerate expansion on the back of significant revenue growth
The fast-casual Mexican brand, which listed on AIM in October, achieved revenue growth of +79.5% in the full year to 2 January 2022, with its strong trading momentum continuing post year-end
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Greggs surpasses healthier choices target
The food to go retailer has refreshed the targets in its Greggs Pledge for 2022, which includes increasing the number of its breakfast clubs and reducing food waste
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Kerb to revamp Cucumber Alley
Landlord Shaftesbury said the space adjacent to the main Seven Dials Market would relaunch as a grab and go hub on 8 April, with seven new operators added to the line-up