By The Canadian Press on May 27, 2024.
VANCOUVER – A&W Food Services of Canada Inc. has signed a long-term development agreement with sandwich chain Pret A Manger (Europe) Ltd. The deal follows a two-year trial period. A&W Food Services holds exclusive master franchisor rights to Canada for the Pret brand. During the trial period, Pret products were offered in certain A&W restaurants and a stand-alone Pret location was opened in downtown Toronto earlier this year. A&W says it will introduce Pret’s products in a variety of formats, starting with a national roll out of Pret coffee in A&W restaurants this fall. It says the development plan calls for an increase in the number of physical locations offering Pret products across Canada over an initial 10-year development term. This report by The Canadian Press was first published May 27, 2024. Companies in this story: (TSX:AW.UN) 9