Pret A Manger Reinstates Co-founder to Navigate Expansion and Debt Reduction

As Pret A Manger faces technical issues with its app and customer dissatisfaction, co-founder Sinclair Beecham returns to guide the company's strategic overhaul.

• Pret A Manger brings back co-founder Sinclair Beecham to address challenges and steer global expansion, including opening 150 new stores.
• The company is adjusting its business model to focus more on suburban and rural areas, moving away from city centers due to changes in work patterns post-pandemic.
• Technical problems with Pret's app have caused frustration among users, particularly after changes to the coffee subscription service.
• Pret aims to reduce its significant debt, accumulated during the pandemic, as part of its strategic shift.
• The return of former chairman Larry Billett and the appointment of Konrad Meyer as the new chairman are part of a broader board restructuring.

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