When it comes to global expansion, international operators are quick to point to the U.S. as the gateway to success. Foodservice here is booming, with expected restaurant industry sales in 2014 surpassing $680 billion, according to the National Restaurant Association—and the limited-service sector accounts for about $230 billion of it.
Pret A Manger
Whether or not consumers are flocking to the better-for-you items they’re demanding from quick-serve restaurants is up for debate, but there’s really no argument about yogurt’s success. The dairy product’s growth is hard to ignore; according to U.S. Department of Agriculture data, yogurt production doubled between 2002 and 2012 to meet demand.
Customers are increasingly on the go in today’s society, and quick-serve brands hoping to capitalize on their needs for more convenient food products are turning to pre-packaged, grab-and-go options.
Pret A Manger, the London-based quick-serve restaurant and coffee shop, announced that Joseph Iazzetta was promoted to the role of vice president of store development. His responsibilities will include overseeing the company’s real estate ventures, in addition to his previous leadership responsibilities in shop design, construction, and facility functions. Iazzetta has been with the company since 2010.
Prior to joining Pret A Manger, Iazzetta spent nine years at Dunkin’ Donuts holding various leadership roles in construction, real estate, franchising, and franchise operations.
An independent panel of foodservice operators from the across the industry has selected the finalists for the 2013 Operator Innovations Awards. Three finalists in each of five categories—Food Safety, Health and Nutrition, Menu Development, Sustainability, and Technology—will be brought to Chicago for the 2013 National Restaurant Association Restaurant, Hotel-Motel Show this May. The winners in each category, as well as an Innovator of the Year selected from all finalists, will be announced live in Chicago during the Destination: Celebration gala on May 18.
Now that many domestic brands are looking overseas for growth opportunities—and with Americans’ taste for ethnic flavors continuing to grow—international quick-service and fast-casual chains are expanding their presence in the U.S. The many up-and-coming operators offer stiff competition to myriad U.S. chains, including those in the chicken, Asian, baked goods, and sandwich categories.
Pret A Manger, Britain's leading sandwich chain, today announced the opening of its latest shop, inside Chicago's new CityTarget, in the Sullivan Center.
This opening represents the first retail partnership of its kind for Pret A Manger U.S. and includes a move from its traditional stand-alone store fronts that are expanding rapidly in the New York, Washington, D.C., and Chicago markets.
The in-store location will provide Target shoppers with the opportunity to enjoy fresh sandwiches, salads, snacks, and coffee while they shop.
By now, thanks to menu labeling laws in states like New York and California, slapping a calorie count on menuboards is old hat for many brands. But one brand has taken it a leap further.
Last month, Pret A Manger—a sandwich chain with stores in markets like New York, Chicago, and Washington, D.C.—began adding saturated fat, sugar, and sodium levels to its product labels both in store and online.
RKF, the exclusive retail-leasing agent in Manhattan for Pret A Manger, is helping the sandwich chain expand throughout the city, most recently by arranging two new long-term retail leases.
The newly opened shops are located at 350 Hudson St. and 62 West 45th St. in Manhattan. In total, Pret A Manger has 33 Manhattan locations.
RKF Vice President Joshua Strauss and Director Jackie Totolo arranged a 3,854-square-foot ground-floor lease for Pret A Manger at 350 Hudson St. in west SoHo. The landlord, Trinity Real Estate, was represented in-house.