Panera Bread Company 0. INTRODUCTION The Panera Bread legacy began in 1981 as Au Bon Pain Co.‚ Inc. Founded by Louis Kane and Ron Shaich‚ the company prospered along the east coast of the United States and internationally throughout the 1980s and 1990s and became the dominant operator within the bakery-cafe category. In 1993‚ Au Bon Pain Co.‚ Inc. purchased Saint Louis Bread Company‚ a chain of 20 bakery-cafes located in the St. Louis area. The company then managed a comprehensive re-staging
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Topic: Panera Bread Company Case Study An analysis of Panera Bread Company’s business strategies was requested. I have evaluated Panera’s performance in regards to their competitive position in the food industry‚ as well as‚ their internal characteristics. My thorough assessment follows the restated question. 1. What is Panera Bread’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Panera Bread is taking? What type
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What is Panera Bread’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Panera Bread is taking? What type of competitive advantage is Panera Bread trying to achieve? The driving concept behind Panera Bread was to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Its artisan sourdough breads made with a crafts- man’s attention to quality and detail and its award- winning
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Panera Bread is ready for the currentchange in American eating habits. The company is a leader in the quick-casual restaurant business with more than 1‚027 bakery-cafes in 36 states. Its locations‚ which operate under the Panera and Saint Louis Bread Company banners‚ offer made-to-order sandwiches built using a variety of artisan breads‚ including Asiago cheese bread‚ focaccia‚ and its classic sourdough bread. Its menu also features soups‚ salads‚ and gourmet coffees. In addition‚ Panera sells its
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chain is moving forward in a very positive direction. St. Louisbased Panera Bread Company‚ a chain of specialty bakery-cafés‚ has grown from 602 company owned and franchised units in 2003 to over 877 today. In 2005 alone‚ its sales increased by 33.6% and its net income increased by 35.2%. So what’s Panera’s secret? How is it that this company flourishes while its industry as a whole is experiencing difficulty? As we’ll see‚ Panera Bread’s success can be explained in two words: positioning and execution
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The discovery of Tutankhamun ’s tomb by Howard Carter in 1922 is considered the most important archaeological find of the century. As one of the most intact monuments of Ancient Egypt‚ Tutankhamen ’s tomb reveals a great deal about the burial customs‚ role of the king‚ religious beliefs‚ leisurely pursuits and food of New Kingdom Egypt. Being so intact when Carter made the discovery‚ the shrine of Tutankhamun gives us a strong indication of the burial practises of the New Kingdom Egyptians. The
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Dallas‚ Miami. At that places‚ people maybe know more or less about Panera Bread‚ enlarge the market that help company improve their brand awareness‚ also can improve profits. Panera Bread need inspect the low penetration markets cities or pilot project. Open new stores at untapped markets. Like New York City‚ New Orleans and Toronto. As a franchise restaurant‚ Panera Bread need open new market to attract people come the restaurant‚ Panera Bread need open new one at a big city like New York. Firstly
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com/definition/SWOT-analysis.html). Panera Bread Company has become one of the leading companies in the quick casual restaurant market. Strengths The Strengths that Panera Bread Company has are the following: a strong presence in its niche segment‚ a strong relationship with their franchisees‚ they focus on having a specialty bread and robust financial performance. In 2008‚ the company operated in 1‚252 bakery-cafes in 38 American States and Canada. Panera Bread Company’s success relies on the
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Q4. What are the Panera Bread’s primary sources of competitive advantage? In your judgment‚ are these sources of advantages sustainable? Why or why not? Panera’s primary sources of competitive advantage are: (1) the distinctive nature of its bakery products‚ (2) its brand strength‚ (3) the atmosphere of its restaurants‚ and (4). its position in the restaurant industry Yes‚Panera Bread Co. (NASDAQ: PNRA) operates the signature restaurant chain Panera Bread‚ selling hand-crafted breads‚ sandwiches
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behind Panera Bread is to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Panera Bread’s distinctive menu‚ signature café design‚ inviting ambience‚ operating systems and unit location strategy allowed it to compete successfully in five submarkets of the food away from home industry: breakfast‚ lunch‚ daytime “chill out”‚ light evening eat in or take out‚ and take home bread. In his letter to shareholders‚ in the company’s 2005 annual report‚ Panera chairman
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