Pret A Manger Aims For A Bigger Bite Of The U.S. Sandwich Market
The post Pret A Manger Aims For A Bigger Bite Of The U.S. Sandwich Market appeared on BitcoinEthereumNews.com. Fresh sandwich and coffee chain Pret A Manger aims for rapid U.S. expanson throuhg its new franchise … [+] deal. (Photo by Spencer Platt/Getty Images) Getty Images U.K.-based fresh sandwich and coffee chain Pret A Manger is set to triple its U.S. footprint over the next five years in a new joint venture initiative with Dallas International. With the Dallas International deal, which is already a franchise partner, it will take control of 52 Pret A Manger stores in New York, Pennsylvania and Washington. All told, Pret A Manger currently operates 58 U.S. stores, 40 of which are in Manhattan, plus eight shops in Canada in a partnership with A&W Canada. Pret, which is owned by investment firm JAB and founder Sinclair Beecham, said that the agreement is expected to be completed in February 2024 and will grant Dallas International exclusive rights to open new outlets in those markets. Dallas also currently has eight shops in the U.K. with another six opening in early 2024, one in New York’s Hudson Yards, and plans to open four shops in California in the first half of 2024. Following completion, Dallas will operate over 60 shops across both countries and more than 100 outlets by 2026 through a new business called Empire JointStar Inc., though the joint venture does not extend to existing franchise shops in New York, Pennsylvania, and Washington, D.C. Pret A Manger U.S. Expansion Pret A Manger started collaborating with Dallas Holdings in the U.K. in November 2021 before entering a U.S. partnership in December 2022 to expand its presence, notably in New York and California. Mirroring its strategy in Britain, as well as diversifying Pret’s U.S. footprint to suburban locations and travel hubs, Dallas International will also carry out a refurbishing program and debut the chain’s first drive-thru outlets.…
The post Pret A Manger Aims For A Bigger Bite Of The U.S. Sandwich Market appeared on BitcoinEthereumNews.com.
Fresh sandwich and coffee chain Pret A Manger aims for rapid U.S. expanson throuhg its new franchise … [+] deal. (Photo by Spencer Platt/Getty Images) Getty Images U.K.-based fresh sandwich and coffee chain Pret A Manger is set to triple its U.S. footprint over the next five years in a new joint venture initiative with Dallas International. With the Dallas International deal, which is already a franchise partner, it will take control of 52 Pret A Manger stores in New York, Pennsylvania and Washington. All told, Pret A Manger currently operates 58 U.S. stores, 40 of which are in Manhattan, plus eight shops in Canada in a partnership with A&W Canada. Pret, which is owned by investment firm JAB and founder Sinclair Beecham, said that the agreement is expected to be completed in February 2024 and will grant Dallas International exclusive rights to open new outlets in those markets. Dallas also currently has eight shops in the U.K. with another six opening in early 2024, one in New York’s Hudson Yards, and plans to open four shops in California in the first half of 2024. Following completion, Dallas will operate over 60 shops across both countries and more than 100 outlets by 2026 through a new business called Empire JointStar Inc., though the joint venture does not extend to existing franchise shops in New York, Pennsylvania, and Washington, D.C. Pret A Manger U.S. Expansion Pret A Manger started collaborating with Dallas Holdings in the U.K. in November 2021 before entering a U.S. partnership in December 2022 to expand its presence, notably in New York and California. Mirroring its strategy in Britain, as well as diversifying Pret’s U.S. footprint to suburban locations and travel hubs, Dallas International will also carry out a refurbishing program and debut the chain’s first drive-thru outlets.…
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