Analysts Say Pret Coffee Subscription ‘Commendable’ But ‘Nervous’ Of Industry Shift

From: news.yahoo.com

Pret a Manger’s decision to launch an innovative monthly coffee subscription comes amid far-reaching shifts to the food industry that have not yet been fully realised, analysts warned on Friday.

While commending the move, analysts at Shore Capital said that changes to the UK’s food sector in the wake of the coronavirus pandemic made them “nervous” for firms that currently rely on city centre footfall.

Pret on Friday launched the country’s first ever in-shop coffee subscription, which entitles those who pay £20 a month to five coffees per day.

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