Pret A Manger set to reach 500 shops worldwide

first_imgPret A Manger has set a target to open its 500th shop worldwide in the next 12 months as it announced its financial results for the 52 weeks to 29 December 2016.Pret recorded 444 sites at the end of last year and opened 50 new shops during 2016, including 31 in the UK, nine in the US, five in France, three in Hong Kong, one in Shanghai and a first in Dubai.“We look forward to opening our 500th Pret shop in the next 12 months and furthering our measured expansion in both existing and new markets,” said Clive Schlee, Pret’s CEO.“We will of course continue to focus on the essentials: menu innovation and the quality of our ingredients, opening new shops in top-class locations around the world and, above all, recruiting and engaging our wonderful teams.”Pret said this was another record year for results, with group sales rising by 15% to £776.2m and like-for-sale up by 4.8%. Meanwhile, EDITDA also rose by 11% to £93.2m.“This is another year of record results for Pret and our 12th consecutive year of revenue and EBITDA growth,” Schlee added.“Pret’s simple recipe of freshly made food and fast, friendly service allows us to flourish in diverse locations around the world – from Penn Station in New York to the campus of Exeter University and Dubai International Airport.”last_img read more

Baker’s leadership needed for mayor

first_imgMark served as president and executive director of the City Center for over 30 years. His leadership, integrity, interpersonal skills and strategic thinking were critical to ensuring the success of the Center.As a result of his leadership, the facility’s usage increased over five-fold. In 2016, the facility held 170 events, which created over 216 revenue producing days for local businesses and boasted an 86 percent occupancy rate. The same skill set that allowed him such success at the City Center is the same skill set that we need in the mayor’s office right now.Mr. Baker has worked with many mayors and city officials with different agendas, from different political parties and varied visions for the town’s growth. He successfully harnessed this diversity of thought to ensure that the best interests of Saratoga Springs came first. With decades of experience partnering, listening and working with a wide variety of people in our community, we can be assured that Mark Baker will continue this inclusive leadership style as mayor.I look forward to voting for Mark Baker on Nov. 7 and hope you will join me.Melissa ZiekerSaratoga SpringsMore from The Daily Gazette:EDITORIAL: Find a way to get family members into nursing homesSchenectady, Saratoga casinos say reopening has gone well; revenue down 30%EDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Thruway tax unfair to working motorists The Saratoga City Center came into existence in 1984 through the efforts of many local business and community leaders. The founders knew they needed someone at the helm who could steer this project successfully and enable the center to become the economic engine that it is. They found that leader in Mark Baker. Categories: Letters to the Editor, Opinionlast_img read more