Panera Bread Company is a fast-food bakery-cafÃÆ'Â © American restaurant in the United States and Canada. Its headquarters are in Sunset Hills, Missouri, suburb of St. Louis. Louis, and operates as a Saint Louis Bread Company in the St. Louis metropolitan area. Louis. Offers include soups, salads, pastas, sandwiches, specialty drinks, and bread.
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History
Formation
St. Louis Bread was founded by Ken Rosenthal in 1987 when he opened his first location in Kirkwood, Missouri. In 1993, Au Bon Pain Co. buy Bread Company St. Louis. In 1997, Au Bon Pain changed the company's name to Panera, a word that has roots meaning "bread basket" in Latin. At the same time, Bread Company St. Louis is renovating 20 bakery-cafes in St. Louis.
In May 1999, to expand Panera Bread into a national restaurant, Au Bon Pain Co. selling other chains, including Au Bon Pain, which is now owned by North American Compass Group. Panera Bread moved to its new headquarters in Richmond Heights, Missouri in 2000. The company operates or franchises more than 1900 loaves of bread-cafe Panera in 46 states and 20 facilities that give fresh dough to bakery-cafà © s every day. CEO of Panera Bread is Ron Shaich.
In the St. Louis place established, Panera Bread still operating under the name St. Louis Bread Company. St. metropolitan area Louis has more than 101 locations.
Growth nationally
In 2005, Panera was ranked 37 on the BusinessWeek list of "Hot Growth Companies", earning $ 38.6 million with a 42.9% increase in profit. In 2007, Panera Bread purchased a majority stake in Paradise Bakery & amp; CafÃÆ'Â ©, Phoenix-based concept with more than 70 locations in 10 states (mainly in the west and southwest). The Company purchased Paradise's balance in June 2009. On January 25, 2008, a class action lawsuit was filed against Panera Bread accusing Panera of failing to disclose adverse material facts about the company's financial welfare, business relationships and prospects. Panera settles the lawsuit and agrees to pay $ 5.75 million to shareholders while admitting there were no mistakes. In 2008 Panera Bread expanded to Canada, starting with Richmond Hill, Thornhill, Oakville, and Mississauga in the Toronto area. In 2009 and 2012, Zagat restaurant reviews service named Panera is one of the most popular restaurants to eat on the go. Panera also rated No. 1 for Best Healthy Choice, Best Salad and Best Facilities, among restaurants with less than 5,000 locations.
Recent events
In November 2010, Panera Bread shifted its headquarters to Sunset Hills while clearing Richmond Heights headquarters and Brentwood offices. In 2011, revenues reached US $ 2.7 billion, operating income of US $ 259 million, net profit of US $ 160 million, assets of US $ 1.5 billion, and equity of US $ 497.3 million. In mid-2014, Panera launched "Panera 2.0," a series of integrated technologies to enhance the guest experience. By 2015, annual revenue is $ 2,681,580,000 up from $ 2,529,195,000 the previous year. Net income reached $ 149,325,000 down from $ 179,293,000 the previous year. Total assets is equivalent to $ 1,475,318,000.
In January 2017, many Paradise Bakery & amp; Location CafÃÆ' Â © renamed Panera Bread. In 2017, Panera completed the "decadelong overhaul" menu and completed his food reformulation to be free of artificial ingredients. In April 2017, Panera announced that it was acquired by Luxembourg-based JAB Holding Company for $ 315 per share, or more than $ 7 billion. The company expects the deal to close in the third quarter of 2017. In July 2017, JAB Holding Co. acquired Panera worth $ 7.16 billion. On November 8, 2017, Panera announced that founder Ron Shaich resigned as CEO, with company president Blaine Hurst to take over. Shaich remains chairman. The company also announced it will acquire Au Bon Pain, a cafe division that has split from Panera in 1999 after it was created in 1981.
On April 2, 2018, the KrebsOnSecurity security website reported that the Panera Bread website has leaked between 7 million to 37 million customer records - including name, email and physical address, customer account number of loyalty, birthday, and last four digits of credit card number customers - at least eight months before the site was offline. Panera was personally informed of the vulnerability in August 2017, but failed to correct it until after it was disclosed to the public eight months later.
Maps Panera Bread
Restaurants and services
By 2015, there are 1,972 stores and Panera stores, up from 1,880 the previous year. 901 of the stores are owned by the company, while 1,071 franchises. Panera opened its 2000 location in Elyria, Ohio on March 23, 2016.
In 2006 and 2007, Panera was the largest free Wi-Fi provider in the United States. Many locations limit the duration of free Wi-Fi up to 30 or 60 minutes during peak hours.
In mid-2014, Panera launched "Panera 2.0," a series of integrated technologies to enhance the guest experience for all consumers no matter how they choose to use Panera. Panera 2.0 brings together new capabilities for digital ordering, payments, operations and, ultimately, consumption to create an enhanced guest experience for customers "to go" and "eat in". Important features of Panera 2.0 involve interactive tablet kiosks, called Fast Lane companies, where customers can order and pay without approaching a counter. The kiosks are made up of iPad. In addition to kiosks, customers can also order and pay through apps on their own smartphone or tablet.
Menu
Nutrition
In a 2008 Healthcare magazine study, Panera Bread was named a fast food restaurant in North America.
In June 2014, Panera launched its official Food Policy detailing its commitment to clean materials, transparency and positive impact on the food system. This policy outlines company values ​​and sets the course for continuous improvement. Panera also made a commitment to remove artificial additives (colors, flavors, sweeteners, and preservatives) on the 'No No List' of food in its US bakery by the end of 2016. In January 2017, they announced a US food menu free of color artificial, flavor, sweetener, and preservative.
Menu item
Panera popularized themselves as a quiet "Bakery-Cafe" and offers a variety of pastries and baked goods, such as croissants, bagels, cookies, scones, muffins and brownies. This, along with Panera Artener bread, is usually roasted before dawn by an in-staff baker. Some locations also participate in programs donating unsold toast to local charities after closing hours. Aside from the bakery section, Panera has a regular menu for eat-in or takeout that is broken down into the following categories:
Panera also has a variety of seasonal offerings, such as the Strawberry Poppy Seed Chicken salad offered during the summer and Cranbaw Roast Turkey Cranberry in winter.
Panera announced the addition of more plant-based proteins, such as edamame and organic quinoa, to its menu on November 5, 2015. It became one of the first fast-food restaurants to discuss vegetable protein caused by Fort Kowitt reporter Fortune for speculating that " another restaurant will probably follow the directions of the soup and sandwich chains. "
Peanut lawsuit
In 2016, a lawsuit was filed after an employee at a Natick, Massachusetts store consciously placed peanut butter on a sandwich, despite being told that the person receiving the sandwich was allergic to peanuts. It is alleged that the chain of restaurants acts negligently, and accuses those involved with intentional or reckless suffering of emotional distress as well as attacks and batteries, resulting in the sandwich recipients being hospitalized for a while. Less than a month after the incidents involved in this case, other restaurants reportedly have an almost identical incident with others who have severe allergies to peanuts.
Social responsibility
In 2009, the company's non-profit foundation created Panera Cares, the restaurant "Pay what you can" at his home market in St. Petersburg. Louis. CEO Ron Shaich based his idea on NBC's profile of the SAMA Café in Denver, Colorado. It has since extended the concept to Dearborn, Michigan; Portland, Oregon; Chicago; and Boston. Each site serves about 3,500 people every week. Panera Cares in Chicago closes at the end of January 2015. Panera Peduli in Portland, Oregon closed in late June 2016, leaving only three locations.
On November 5, 2015, Panera announced that it would use eggs indiscriminately in all of its stores by 2020. At the time of the announcement, the company said 21% were free cages in about 70 million eggs it used. 2015. In December 2016, a third animal welfare progress report was published, announcing new efforts to improve broiler welfare.
Community outreach
The Dough-Nation Day-End Program provides unsold bread and grilled food to relief agencies and local hunger charities. In 2014, the Panera Bread bakery donates a retail value of approximately $ 100 million worth of unsold bread and baked goods to local organizations in need. Panera also supports events organized by nonprofit organizations that serve those in need by donating certificates or fresh bread products.
Job demands
In 2003, a lawsuit was filed by a former employee who claimed he was dismissed after allegedly refusing to implement a discriminatory policy set by his superiors. In 2009 and 2011, a class action lawsuit was filed by a former employee stating that the company violated the California Labor Code, failed to pay overtime, failed to provide food and rest periods, failed to pay employees after termination, and violated California's Unfair Competition Law. Panera set aside $ 5 million for claims payments and denied any wrongdoing.
In 2011, a former employee filed a racial discrimination suit stating that he was eventually dismissed after repeatedly having a black man working at the checkout rather than placing him in a less visible location and having "beautiful young girls" being the cashier, requested by the supervisor. The plaintiff also said he was dismissed after requesting another month after returning from three months of medical leave. Panera said that "not discriminating on the basis of national origin, race or sex," and that the plaintiff "was terminated because he had used all his medical leave and was unable to return to work." The plaintiff works in a shop owned by franchisee Sam Covelli, who also owns shops involved in a 2003 racial discrimination suit. Covelli Enterprises is Panera Bread's largest franchise with nearly 200 stores in northeastern Ohio, western Pennsylvania, West Virginia, and Florida.
The key person
- Ronald M. Shaich - founder and chairman
- Blaine E. Hurst - CEO and president (2017-present)
- Charles Chapman, II - Executive VP and COO
- Kenneth Koziol - Executive VP
- Sue Morelli - president of Au Bon Pain
See also
- List of fast food restaurant chains
- List of bakeries
- List of chain restaurants in the United States
References
External links
- Official website
Source of the article : Wikipedia
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