Results for: Store Openings

Pret A Manger, the renowned coffeehouse chain with a global presence, has unveiled plans to open five new stores in strategic locations. These new additions will further expand the company’s reach, bringing its freshly prepared food and organic coffee to travelers and locals alike in popular destinations like Lanzarote’s César Manrique Airport, Athens International Airport, Milan Malpensa Airport, and Barcelona Josep Tarradellas EI Prat Airport. Pret’s commitment to accessibility and convenience is evident in its choice of locations, including both landside and airside stores at Athens International Airport. This move aligns with Pret’s strategy to reach a broader customer base by establishing a presence in international hubs and regional towns.

Starbucks Corp (SBUX) reported disappointing fiscal second-quarter financial results on Tuesday, missing analyst estimates for both revenue and earnings. Revenue declined 2% year-over-year to $8.6 billion, while earnings per share came in at 68 cents, below estimates of 79 cents per share. Comparable store sales fell 4% globally, driven by a decline in transactions. The company ended the quarter with 38,951 total locations globally, after opening 364 net new stores in the quarter.