Case 3 – Panera Bread. Panera Bread is a quickly expanding bakery-café with 1‚493 company owned and franchised operated bakery-cafés in 40 states and the District of Columbia and Ontario Canada by mid-2011. Under the names Panera Bread‚ Saint Louis Bread Company and Paradise Bakery & Café reported revenue of $1.5 billion with average sales of $2.2 million per store location and an average of 6 million customers system wide each week. 1. Panera Bread’s strategy is to be a premium specialty
Premium Restaurant Panera Bread
From reading the case I found that Panera Bread uses the broad differentiation strategy. Panera bread has been able to create value to their food that is not easily matched or cheaply copied by rivals. Panera Bread’s breads‚ bagels‚ and muffins are made fresh daily. The professionally trained bakers spend about 48 hours making the dough‚ which is then distributed on a 220 degree temperature controlled truck operated by Panera personnel to ensure optimal freshness (C-136). Also‚ the trucks only travel
Premium Food Fast food Fast food restaurant
Green Panera Bread - Case Analysis June 10‚ 2010 Overview Panera Bread‚ also called St. Louis Bread Company was founded in 1981. Rated high as a bakery-café restaurant‚ they serve a variety of breads‚ soups‚ and salads. Panera is considered a “quick casual” restaurant offering sit-down dining and catering services. Panera Bread is now a publicly traded company with over 70 locations in 10 states and Company highlights include: * As reported by The Wall Street Journal‚ Panera Bread
Premium Bread Panera Bread Food
Panera Bread is a company of small beginnings‚ starting out as a chain of small scale bakery-cafes along the east coast to having over 1‚200 locations in over 40 states. Panera is a company that strives to project an inviting atmosphere in all of its establishments. Panera’s stores are mostly located in suburban areas with heir target customers being urban workers and suburban dwellers. “A loaf of bread in every arm” is the mission statement of Panera Bread. Panera Bread bakes more bread
Premium Marketing Management Panera Bread
Case Brief Panera Bread Context Panera Bread is a chain of bakery-café fast casual restaurants in the United States that started out as Au Bon Pain Company in 1981 and was founded by Louis Kane and Ron Saich. The locations were mostly malls‚ shopping centers‚ etc. In 1993 APB purchased St. Louis Bread Co giving them 20 additional locations. During 1994 and 1995 market research concluded a need for quality dining which was fresh and fast. St. Louis locations went through major overhaul with
Premium Fast casual restaurant
“Thirty years ago‚ Ron Shaich set out to change the world by changing the way America eats. He’s done that with not one‚ but two successful restaurant brands. By co-founding Au Bon Pain‚ Co. Inc. and founding Pan-era Bread‚ Shaich shook up the industry by offering an antithesis to fast food – hand made‚ artisan food served in warm and welcoming environments by people you can trust.”(KANAI‚ 2012) This quote describes how Shaich and colleagues started to create their cafe bakery and change the way
Premium Nutrition Food Restaurant
I choose Panera Bread because there a reliable company they support you they are flexible with work schedules. They make sure you get what you need and wants right away. They make sure the customers are satisfying with their food. For example‚ if someone food was need on a rush they would go to the back and tell the cooks that they to hurry on this order because this lady or gentleman must be work in few mins can make this sandwich quick. They are also a company if something is wrong they correct
Premium Panera Bread Food Fast casual restaurant
MSA 603 Week 2 Assignment Panera Bread 1. SWOT Analysis Strengths a. Minimal Long-Term Debt. Most expansion is financed by cash flow from operations. b. Quality control is maintained by making fresh dough daily at one of several fresh dough facilities. The dough is then transported daily from the facility to stores and baked fresh in the store. The average length of each trip is 300 miles. c. Strong brand recognition. d. Free Wi-Fi at most locations. However‚
Premium Fast casual restaurant Fast food restaurant
Panera Bread is considered as the best bread bakers in North America. The company had a corporate value of $2.4 billion. There are more than 2000 stores in 36 different districts. However‚ the financial data reveals that the company is not growing at an expected rate of 19.9% which means that company is facing a decline in the financial segment. (Thompson‚ 2014) In this concern‚ the presented paper based on the case study of Panera Bread will reveal the strategic plans of the company and will recommend
Premium Bread Food Panera Bread
Panera Bread Company-2010 Strategic Audit I. Current Situation: A. Current Performance Healthy financial position: company experiencing growth without debts‚ increased revenue‚ increased earnings per share. Higher operating cost‚ small revenue compared to competitors Increased price per share Total company revenue increased by 4.2% Hoover Europe still showing losses. Net Income increased by 27.6% 55 net new Bakery cafes opened Highest sales revenue among the fast-Casual Chain Restaurants
Premium Fast food Marketing Fast food restaurant