Get All Access for $5/mo

What Pret a Manger's Sandwich Sales Can Tell Us About Wall Street's Work-From-Home Habits The 'Pret Index' is real.

By Amanda Breen

The Covid-19 pandemic has upended the ways we live and work — leaving many wondering just what a return to "normal" might look like, especially in an increasingly remote and hybrid era.

Well, the 'Pret Index' is answering that question.

Each week, the U.K.-based, international sandwich powerhouse Pret a Manger provides Bloomberg with data about its sales in business hubs around the world, and it's already revealing a significant development on Wall Street: New York City bankers are far less inclined to return to the office than their global peers.

Calculated against a baseline from January 2020, the Pret Index compares transaction data beginning from March 8 against the average from that month; each point (.01) on the index signifies 1% progress toward reaching those pre-pandemic levels.

Related: 3 Pandemic-Fueled Commerce Trends

According to Bloomberg's Pret Index, transactions on Wall Street have remained around the 50% mark for weeks — notably behind those in London's City and Canary Wharf districts, where sales have almost returned to normal, and significantly behind those in airports, where sales are 40% higher than pre-pandemic levels as more people travel.

The most recent Covid wave has likely factored into much of Wall Street's decision to work from home, but not all banks are on the same page, policy-wise. Despite presenting a united front in the past, major players including Citigroup and Goldman Sachs are now divided, CNN reported, with the former allowing workers to opt for a hybrid setup, and the latter requiring five days a week in the office.

New York isn't the only city with a slow return to normal: Hong Kong, heavily impacted by a Covid surge in the spring, has also only seen slight improvements.

Related: Sales Tactics to Survive the Extended Effects of the Pandemic

Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Making a Change

Learn All of Rosetta Stone's Languages for $152

A lifetime subscription is nearly $250 off for a limited time.


How His Personal Battle With Cancer Inspired This Founder's Solution for Patient Care

On this episode of "The Founder CEO," Michael O'Neil, founder and CEO of GetWellNetwork, discusses his inspiring journey as a leader and the transformative role of AI in healthcare.


5 SEO Hacks to Help You Rank Fast

Discover the best SEO hacks you can use to rank fast and avoid waiting for months to see results.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Starting a Business

Inside the Exclusive Private Club Devoted to Food, Wine and the Arts

Barrett Wissman breaks down the passions and partnerships behind his latest venture Domus Artium Reserve.