effective strategies and initiatives will negatively impact the company. Panera sells baked goods‚ sandwiches‚ soups‚ and coffee at their bakery-cafes. The separate bakery counter‚ areas for small gatherings‚ booths for privacy‚ free Wi-Fi‚ and casual atmosphere attract consumers who desire more from the standard fast food chains. Panera’s artisan bread‚ flavorful menu‚ customer service‚ and prices also appeal to consumers. In order to sustain a business‚ several strategies must be considered
Premium Fast casual restaurant
Panera Bread Co. (NASDAQ: PNRA) operates the signature restaurant chain Panera Bread‚ selling hand-crafted breads‚ sandwiches‚ salads‚ and drinks. Panera Bread bakery-cafes are often associated with the concept of “fast casual”‚ a mixture between fast food and more upscale casual dining. Customers still pay for their food at the counter‚ like a traditional fast food restaurant‚ but Panera arranges tables and chairs to be conducive to group meetings. Most Panera Bread restaurants are located in suburban
Premium Fast casual restaurant Food Take-out
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
Table of Contents 1. Executive Summary Pappadeaux is a successful upscale casual restaurant concept with a loyal following. But no restaurant is immune to the highly competitive climate of the industry. Recent studies have shown the upscale casual segment losing market share to both fast and traditional casual restaurants. They also show that consumers find value in upscale casual dining by weighing the food quality and the overall experience against the relatively higher price (Technomic
Premium Fast casual restaurant Types of restaurants
of bread in every arm” is just underlying Panera’s commitment for growing. They are now in a good financial situation and facing growth rates of up to 20% per year in a niche market that has a great growth potential. In the next 7 years the fast-casual market is expected to grow by 500% in sales to a total of $30 billion. Therefore I think that there are 3 alternatives which can be considered for the future. The first idea that came to my mind is to sell Panera or going join venture with one
Premium Fast casual restaurant Europe Economics
have one common goal‚ to make money and live the American Dream‚ but what set these restaurants apart are their standards and the atmosphere they provide for the consumer. Restaurants could be divided into three categories. They are “fast food‚ “casual”‚ and “fine dining”. Starting off with the fast food restaurants‚ these chains are corporate owned‚ fueled by the consumer and are known well known for inexpensive food. Fast food chains usually provide value meals and quick service to attract
Premium Fast food restaurant Take-out Types of restaurants
Case Study Panera Bread Synopsis Panera Bread is a casual made-to-order fast food restaurant that offers specialty breads‚ sandwiches‚ tossed salads and soups. Established in 1981‚ with 1‚562 company owned and franchised locations‚ Panera Bread has moved into the forefront of the restaurant business‚ and has strategically penetrated the market while acquiring a robust amount of loyal customers. Most of the restaurants offer the choice of indoor and outdoor dining. A fireplace inside the restaurant
Premium Fast casual restaurant
TARGETING MEN The advertisement‚ Givenchy Gentlemen Only Casual Chic‚ targets men between the ages of 25-45 that are in middle and high class that are interested in exploring for new fragrances or have an appreciation for this particular brand. The brand of this product‚ the cologne is clearly stating that this ad is for “gentlemen only‚” and “the new fragrance for men”. The advertisers entices the viewers by emphasizing the product and benefits they would receive from using it through social needs
Premium Gender Marketing Graphic design
anchored by an authentic‚ fresh-dough artisan bakery and up scales quick-service menu selection. Panera Bread was widely recognized as the nationwide leader in specialty bread segment and rated highest in customer loyalty among other well-known quick-casual restaurant. In order to achieve its great success against countless competitors‚ the company had to implement many
Premium Panera Bread United States Fast casual restaurant
St Louis. The Panera business plan had worked well and management concluded it had broad market appeal and could be rolled out nationwide. The management team quickly realized the potential of Panera Bread to flourish into one of the leading fast-casual restaurant chains in the nation. With this realization came the need for a more focused management team and greater financial resources. It was not in their best interest to continue with both Au Bon Pain and Panera Bread. In 1998‚ they went exclusively
Premium Fast casual restaurant Panera Bread Types of restaurants