1. What is Panera Bread’s strategy? Which of the competitive strategies discussed in Chapter 1 most closely fit the competitive approach that Panera Bread is taking? What type of competitive advantage is Panera Bread trying to achieve? Being a nationally recognized brand and a dominant in restaurant operations in the specialty bakery café segment and to expand broadly in the regional market is Panera’s strategy. And by giving high quality product Panera is following their strategy. Panera’s Competitive
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Assignment #3 Panera Bread – Company’s Assessment November 9‚ 2014 INDUSTRY - RESTAURANT INDUSTRY (QUICK SERVICE RESTAURANTS) Muhammad S. Khan (500335915) Yafit Shimoni (500163226) Andrea Stefekova (500170337) Susan Tokhi (500456375) Sushant Rampal (500530630) Ileana Murray (969002450) Introduction The restaurant industry in the U.S. is robust with sales revenue expected to reach $632 billion in 2012‚ with 970‚000 dining establishments. Participants differentiate themselves in the areas of pricing
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Shaich‚ CEO and Chairman of Panera Bread Company‚ combined the ingredients and cultivated the leavennign agent that catalyzed the companys phenomenal growth. ** Under Saich’s guidance‚ Paneras total systemwde revenues rose from 350.8 Million in 2000 to 1353.5 million in 2009‚ consisting of 1‚153.3 million from company-owned bakery-café sales‚ 78.4 million from franchise roylalties and fees‚ and 121.9 million from fresh dough sales to ffranchisees. Panera’s shares have outperformed every major
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Panera Bread would like to announce a new cyber-café available at all locations. This product has been upgraded to assist the growing desire for a full service Internet accessibility location. A plan consisting of four-phases has been developed to market the new product. Currently most locations provide free wireless Internet access to their customer base. Panera has the biggest free wireless network in the USA. During the peak hours of business the customers’ will have a limit amount of time
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Section 6 Lecture Notes for Chapter 5 369 Chapter Chapter Summary 5 The Five Generic Competitive Strategies Chapter Five describes the five basic competitive strategy options – which of the five to employ is a company’s first and foremost choice in crafting overall strategy and beginning its quest for competitive advantage. Lecture Outline I. Introduction 1. There are several basic approaches to competing successfully and gaining a competitive advantage‚ but they all involve giving buyers what
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Panera Bread Report First of all‚ this company is doing great. To big changes in strategy should not be done. The question is how to grow. I have put my efforts in finding problems that may occur while growing rapidly‚ and which strategies Panera Bread must concentrate on to manage a sustaining rapid growth without falling in to those potholes. Problems: 1. How to expand sales of evening meals‚ where there is more direct competition in finer dining? 2. The growth plan is very optimistic‚
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Decision problem: Panera Bread should market themselves as a healthy restaurant choice. Research problem: How does the culture of Panera differ from the culture of Chipotle? 2. Run a search/analysis Trackur concerning your decision problem. Looking at the results that came up on Trackur‚ there were more positive and neutral social media postings rather than negative comments. Many people’s social media comments were all quite similar. Comments included such as: Panera Bread is reliable‚ clean
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began developing a strategy for changing the way America eats. How did they decide on the bakery café strategy? Did Panera’s leaders seem to follow the six steps of strategic planning? I feel that Ron Shaich and the leaders did follow the six steps of strategic planning because in 1980 Mr.Shaich started his first bakery called the cookie jar‚ and over three decades he merged with Au Bon‚ acquired St. Louis Bread Co.‚ and eventually morphed into Panera Bread (PNRA). In the past five years Panera’s stock
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Panera History Panera Bread Company was founded by Ken Rosenthal‚ Ron Shaich and Louis Kane in 1987. Their headquarters is in Sunset Hills‚ Missouri. Panera Bread transitioned into a national restaurant in May 1999. Today they have 2000 stores in more than 40 states and including Canada. In 2014 Panera Bread introduces superior experience for their dine-in and to go clients. The Introduction of new technologies like computerized ordering and payment was called Panera - 2.0. In 2008 Panera
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1. Panera Bread’s strategy is to deliver a high quality dining experience by offering high quality food; an inviting and comfortable atmosphere; sought after menu options; friendly service; efficiently and at an affordable price. Their strategy includes growing the business both organically‚ through encouraging higher frequency of visits from current customers throughout the day‚ as well as growing through the opening of additional franchise bakery-cafes. Panera Bread is trying to achieve
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