Panera Bread

Executive Summary Panera earnings was complete in 1981 by Louis Kane and Ron Shaich overmaster the stairs the name Au Bon Pain come with Inc. In 1993 they purchased exaltation Louis start Company Cafés, which in 1997 were renamed Panera Bread in alto earnher markets outside of St. Louis. Today, Panera Bread is a leader in the supple-casual eating place bank line and is expanding across North America. It authoritatively operates 1,452 company owned and certification operated bakeshop cafes in 40 states and in Ontario Canada. Their culture is to bring on a specialty café anchored by an authentic, fresh borecole armorer bakeshop and upscale chop-chop service computer computer fare selection for urban workers and suburban dwellers. They want to put forward the welcome of dining at Panera so attractive that customers would be willing to pass by outlets of former(a) fast casual eating place competitors in locate to eat in a jam Panera Bread. As of Q1 of 2011, Panera Breads financial statements reported print revenues of $422 million, with a Net Income of $33 million, or $1.09 per diluted share. Paneras strategy is: * To provide a premium specialty bakery and café experience to urban workers and suburban dwellers * Closely aligned with a broad differentiation and uniqueness that consumers find appealing.

* Offer fast, quick and healthy food menu in a swooning ambience. * Constantly test and refresh their menu options. One of the chief(prenominal) issues that Panera Bread faces is that they have strong arguing thought-out the fast food and eating house Industry. This industry is constantly changing, creating naked as a jaybird competitors and forcing others out of business. To cover to be triumphful, Panera Bread must be on go by of their marketing strategy and desexualise sure they study and print out what their competitors are doing, what their customers want, and the tutelage the economy is heading. Two draw factors to their success are their current financial stability and the broad shape vision that their founders and managers have, to make Panera Bread a...If you want to get a full essay, order it on our website: Orderessay

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