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The Rise and Fall of Pret a Manger

wired.co.uk

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Re: The Rise and Fall of Pret a Manger

#2
We need to wait and see how things develop.

Even if people continue to WFH in the long term, I think many would still like to buy Pret a Manger (and others) products because it's not because people are at home that they necessarily want to cook their lunch every day or don't want to buy snacks.

So there may be an opportunity to adapt and perhaps we'll have Pret a Manger vans driving around in residential areas like ice cream vans do on sunny weekends.

People have been saving on this and the hugely expensive train fares (around London) and realise how much more cash they have left at the end of the month, which also explains why they don't want to go back to office. But that means that there is an opportunity for new services to make people spend that cash.

Re: The Rise and Fall of Pret a Manger

#3

We need to wait and see how things develop. Even if people continue to WFH in the long term, I think many would still like to buy Pret a Manger (and others) products because it's not because people are at home that they necessarily want to cook their lunch every day or don't want to buy snacks. So there may be an opportunity to adapt and perhaps we'll have Pret a Manger vans driving around in residential areas like i…

> So there may be an opportunity to adapt and perhaps we'll have Pret a Manger vans driving around in residential areas

I actually love this idea but I question whether Pret will be the people to do it. They're set up all wrong now: they have a huge number of retail properties in locations useless for residential area delivery! I'd suspect the market is open for a new challenger to arrive with no such overhead.

Re: The Rise and Fall of Pret a Manger

#4

We need to wait and see how things develop. Even if people continue to WFH in the long term, I think many would still like to buy Pret a Manger (and others) products because it's not because people are at home that they necessarily want to cook their lunch every day or don't want to buy snacks. So there may be an opportunity to adapt and perhaps we'll have Pret a Manger vans driving around in residential areas like i…

Let people keep their newfound cash and invest it for the future, hard times are ahead for many of them.

Re: The Rise and Fall of Pret a Manger

#5

We need to wait and see how things develop. Even if people continue to WFH in the long term, I think many would still like to buy Pret a Manger (and others) products because it's not because people are at home that they necessarily want to cook their lunch every day or don't want to buy snacks. So there may be an opportunity to adapt and perhaps we'll have Pret a Manger vans driving around in residential areas like i…

man i am so happy not to have to spend for overpriced tiny sandwiches for lunch when i can cook something at home which is both healthier and cheaper - combined with the crazy expensive transport i am saving on, i wish WFH continues as long as possible!

Re: The Rise and Fall of Pret a Manger

#6
Fast eats like this are total rubbish in the UK. Don't know why. SF is so much better. Walk downstairs, grab a quick sandwich at Working Girls, or Specialty's (now dead), or Chipotle. Pret is like 7-Eleven food. Probably for the best that it dies.

Fortunately, lots of food carts out in London that'll benefit.

Re: The Rise and Fall of Pret a Manger

#7

Fast eats like this are total rubbish in the UK. Don't know why. SF is so much better. Walk downstairs, grab a quick sandwich at Working Girls, or Specialty's (now dead), or Chipotle. Pret is like 7-Eleven food. Probably for the best that it dies. Fortunately, lots of food carts out in London that'll benefit.

First time I saw one was when I was interviewing in NYC. I walked in and grabbed a sandwich and couldn't believe what dry flavorless garbage it was. 7-Eleven is honestly a step up.

Re: The Rise and Fall of Pret a Manger

#8
post #7

Fast eats like this are total rubbish in the UK. Don't know why. SF is so much better. Walk downstairs, grab a quick sandwich at Working Girls, or Specialty's (now dead), or Chipotle. Pret is like 7-Eleven food. Probably for the best that it dies. Fortunately, lots of food carts out in London that'll benefit.

First time I saw one was when I was interviewing in NYC. I walked in and grabbed a sandwich and couldn't believe what dry flavorless garbage it was. 7-Eleven is honestly a step up.

It's like someone saw bottom tier airline food and said "You know what? This would be great in a store". As far as I can tell, they leverage store location.

Re: The Rise and Fall of Pret a Manger

#9

Fast eats like this are total rubbish in the UK. Don't know why. SF is so much better. Walk downstairs, grab a quick sandwich at Working Girls, or Specialty's (now dead), or Chipotle. Pret is like 7-Eleven food. Probably for the best that it dies. Fortunately, lots of food carts out in London that'll benefit.

Hm not surprised, from a country that has special racks to 'cool the toast'. So they don't have to eat it warm. So its properly cold and stale.

Re: The Rise and Fall of Pret a Manger

#10
My guess from chatting to some of the people in the stores is there's gonna be a bloodbath. Your average food shop is running on what kind of margin? Maybe 20% at best, 15% more commonly?

I chatted with a guy who says his business is down 90%. The guy at Subway said something similar. Before the apocalypse, the business made sense because of the sheer number of people walking by. You could pay for the food, the labour, and the landlord, reliably, because there are so many jobs based in central London.

Now that WFH has been "discovered" it's doubtful. I mean if everyone works from home just one day a week, that's 20% fewer sandwiches they will need to buy.

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