Back And Breader Than Ever – Panera Takes The Double Bread Bowl Nationwide

Beginning on Valentine’s Day, Double Bread Bowls Available for a Limited Time Including Delivery St. Louis, MO  (RestaurantNews.com)  Just in time for Valentine’s Day—because what’s more romantic than sharing soup? — Panera Bread is officially launching Double Bread Bowls across…
Panera Bread to Acquire Au Bon Pain

Panera Bread has entered into a definitive agreement to acquire Au Bon Pain Holding Co. Inc., parent company of Au Bon Pain. The Boston-based bakery-cafe chain has 304 units worldwide, and will be part of Panera’s initiative to intensify growth…
The Restaurant Deal Frenzy Has a Shelf Life

The best deal-makers know to strike while the iron is hot. By that measure, the restaurant industry is sizzling. Wednesday’s $7.5 billion acquisition of Panera Bread Co. by JAB Holding Co. was the largest-ever U.S. restaurant deal and the third…
Panera Bread to Be Acquired in $7.5 Billion Deal

Panera Bread and JAB have entered into a definitive merger agreement under which JAB will acquire Panera for $315 per share in cash, in a transaction valued at approximately $7.5 billion, including the assumption of approximately $340 million of net…
Panera Bread Menu is Now 100% Clean

St. Louis, MO  (RestaurantNews.com)  Panera Bread (NASDAQ:PNRA) has announced that its entire U.S. food menu and portfolio of Panera at Home products are now free from all artificial flavors, preservatives, sweeteners, and colors from artificial sources as defined by the…
Panera Bread Appoints Blaine Hurst President

St. Louis, MO  (RestaurantNews.com)  Panera Bread Company (NASDAQ:PNRA) has named company veteran Blaine Hurst President effective Monday, December 12, 2016, following the resignation of Drew Madsen for personal reasons. Hurst has been with Panera since 2010 and has held a…
How Greg Flynn Became America’s Largest Restaurant Franchisee

In 1997 Greg Flynn, an over-educated 33-year-old commercial real estate investor based in San Francisco, got a phone call from his father. Donald Flynn was on the Greek island of Corfu and had decided to buy a villa, a fixer-upper.…
Covelli Enterprises Acquires Twenty One Additional Panera Bread Cafes in Cincinnati

Acquisition Gives Company Over 300 Bakery-Cafes Warren, OH  (RestaurantNews.com)  Ohio headquartered Covelli Enterprises, the largest franchisee of Panera Bread, announced today the acquisition of an additional 21 bakery-cafe locations in the Cincinnati, Ohio area. The acquisition gives Covelli over 300…
Panera Bread Issues 2014 Responsibility Report

Company Shares Strategic Vision for Delivering on Promise of ‘Food as it Should be’ St. Louis, MO  (RestaurantNews.com)  Today, Panera Bread (NASDAQ:PNRA) unveiled its first Responsibility Report to update guests, associates and other stakeholders on the Company’s strategic vision for…
Panera Bread Announces Progress On A Number Of Key Value Enhancing Initiatives

HIGHLIGHTS Increases share repurchase authorization to $750 million Authorizes $500 million of new debt to repurchase shares Signs letters of intent to sell and refranchise 73 Company-owned cafes St. Louis, MO  (RestaurantNews.com)  Panera Bread Company (NASDAQ: PNRA) (“Panera” or the…
Covelli Enterprises Acquires Eleven Additional Panera Bread Cafes in Dayton

Cleveland, OH  (RestaurantNews.com)  Warren, Ohio-based Covelli Enterprises, the single largest franchisee of Panera Bread with locations in the five states and in Canada announced today the acquisition of eleven more Panera Bread bakery-cafes in the Dayton area. The company now…
Unhappy Meal Options: Consumers Losing Taste For Fast Food

A new study conducted by New York-based brand and customer loyalty and engagement consultancy, Brand Keys has shown that demographics and associated core values of generational cohorts explain critical factors initiating failure of fast food brands to increase same-store sales…
Restaurant News Bites: Panera, Chipotle, Cinnabon, Red Lobster

Panera’s CEO: We Are Changing The Fast Food Industry, Again In the 1980s, Ron Shaich changed the industry by introducing a new fast food business model, which included handmade artisan food served in a pleasant dining environment.  Panera Bread turned…
Panera Announces 100% Franchisee Commitment to Panera 2.0

St. Louis, MO  (RestaurantNews.com)  Today, Panera Bread (NASDAQ: PNRA) is pleased to announce that 100% of its franchisees have committed to the eCommerce platform that will serve as the backbone for Panera 2.0. This commitment involves payment of capital contributions to…
Panera Bread Issues Comprehensive Food Policy

Intends to Remove Artificial Additives From Bakery-Cafe Food Menu by End of 2016 St. Louis, MO  (RestaurantNews.com)  Today, Panera Bread (NASDAQ: PNRA) shared a comprehensive set of commitments around food. The Food Policy, which is a formal articulation of Panera’s…
Panera Bread Reveals Test Bakery

Demonstrates Continued Investment in Baking Innovation St. Louis, MO  (RestaurantNews.com)  Panera Bread Company (NASDAQ: PNRA), the restaurant founded on a commitment to fresh baked bread, is announcing a new test bakery facility. At the bakery in New Haven, CT, the…
Do fast-food chains have an identity crisis?

Fast-food chains like McDonald’s, Wendy’s and Pizza Hut are regularly testing new items to see if they can eat into the market share of more upmarket rivals like Panera and Chipotle. Despite these efforts, experts say their menus aren’t connecting…