Pret A Manger CEO on Hybrid Work, India Market, Inflation

The video discusses the impact of hybrid work on business, Pret's expansion strategy, particularly in India, and the challenges posed by inflation and mortgage rates on pricing. It also covers Pret's long-term ownership strategy and the possibility of an IPO.

What is the speaker's opinion on the future of hybrid working?

• It will only be temporary.

• It is here to stay.

• It will be replaced by full remote work.

• It will be phased out soon.

What is the company's strategy regarding store locations in London?

• They plan to open more stores in London.

• They are closing all stores in London.

• They have closed some stores but do not plan to close more.

• They are relocating all stores to the UK.

Which international market is highlighted as a significant growth opportunity?

• Australia

• Brazil

• India

• China

How does the company plan to handle inflation and mortgage rate challenges?

• By reducing product quality

• By increasing prices significantly

• By closing stores to cut costs

• By maintaining competitive pricing and high-quality ingredients

What is the company's stance on reducing the quality of their ingredients?

• They plan to reduce quality to cut costs.

• They have no intention to reduce quality.

• They will reduce quality if necessary.

• They will replace ingredients with cheaper alternatives.

What is the company's current position on pursuing an IPO?

• They are actively pursuing an IPO.

• They have no current plans for an IPO.

• They are planning an IPO next year.

• They are undecided about an IPO.

What is the focus of the company's long-term strategy?

• Reducing operational costs

• Aggressive market expansion

• Sustainable growth and long-term investments

• Immediate financial gains