ASSIGNMENT QUESTIONS 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 of competitive advantage is Panera Bread trying to achieve? Panera Bread is a company with distinctive and effective concept and strategy which has given them a competitive advantage over its competitors in the submarket industry. Panera Bread’s strategy includes providing specialty bakery
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Overview Panera Bread is ready for an epochal change 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
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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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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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ABDM3313 ENTREPRENEURSHIP Case 5.1 Panera Bread: Occupying a favorable position in a Highly Competitive Industry Program Finance and Investment Tutorial class Group 7 Tutor’s name Mr. Tang Jut Weng Date of Submission 8th March 2013 Student’s Name ID Number 1. Chan Shi Yoon 11WBD04413 Q1. How has Panera Bread established a unique position in the restaurant industry? How has this unique position contributed to the firm’s success? Do you think Panera Bread will reach its goal of becoming a leading
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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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components of Panera Bread’s value chain? The primary components of Panera Bread’s value chain are 2. What strategic issues and problems does Panera Bread management need to address? The strategic issues and problems that Panera Bread management needs to address are to do with their previously discussed strategy. They want to provide premium bakery and café experience‚ broaden their stores and locations in the states‚ and make Panera a nationwide brand name. The management at Panera needs to
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Penn State Erie - The Behrend College Case 2: Panera Bread Company KAILEY JOYCE 2/27/2012 1. An analysis of Panera Bread Company’s financial situation shows some financial pros and cons for potential inventors. The company has reported increasing sales as well as net income since 2002. Panera Bread Company has also reported increasing earnings per share every year which is an attractive statistic for investors. The company has consistently proven that they can make money. Figure 1
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Panera Bread Co. What strategic issues and problems does Panera Bread management need to address? With Panera Bread seeking rapid expansion and greater market share growing will lead to many problems. • Training employees and management • Supplier networks • Regional specific tastes and menus • Real-estate acquisitions • Warehousing • Product creation(Bakery dough) • Advertising • Franchise owner support • Distribution(Some delivery routes are up to 500 miles) What is Panera Bread’s
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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‚ salads
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