Is Pret a Manger in Israel?
It’s now been reported that Pret has gone back on this agreement, worth millions of pounds, and will not open Pret stores in Israel. The boycott campaign that had begun against Pret has forced it to reconsider and reverse a major business decision. Following the outbreak of COVID-19, Pret has faced significant operating losses. While the business has reopened over 300 UK shops and established an effective new operating model to protect customers and Team Members, footfall and sales remain down across the UK. Sales across UK shops are 74% down year on year.The group reported a pre-tax loss of £525m last year, compared with a £61. Despite high demand for its products, Pret has struggled with a number of shocks since 2018.