Panera Bread Company is a leader in the easy casual restaurant industry with multiple café-bakeries located in 36 states‚ of the United States. Panera operates under the banner of Panera and Saint Louis Bread Company. Almost 400 of its 1‚027 bakeries are company-operated and the remainders are franchisees. Panera Bread’s core competencies are in their market niche‚ offering a premium specialty bakery and café experience to suburban and urban residents. Penera’s focus is offering their
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Leadership Team and Board of Directors Panera’s Executive Team is led by Ronald M. Shaich‚ Founder‚ Chairman of the Board and co-CEO and William “Bill” Moreton‚ President and co-CEO. In March 2012‚ to signify their partnership and shared commitment to Panera‚ the company announced that Ron Shaich and Bill Moreton would share the title of CEO. Shaich is directing a range of long term innovation and strategic initiatives for the company. The additional members of Panera’s Leadership Team are: • Charles
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SWOT Analysis A SWOT Analysis is a “situational in which internal strengths and weaknesses of an organization‚ and external opportunities and threats faced by it are closely examined” to provide an adequate strategy (http://www.businessdictionary.com/definition/SWOT-analysis.html). Panera Bread Company has become one of the leading companies in the quick casual restaurant market. Strengths The Strengths that Panera Bread Company has are the following: a strong presence in its niche segment‚ a strong
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Executive Summary Panera Bread Company is a national bakery-café with 1027 quick service location across the U.S. and with plans to have 2000 outlets operating by end of 2010. Panera’s strategy is a focused differentiation strategy. Their strategic goal is to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. The revenues are generated through sales from company-operated stores‚ fees and royalties from franchisees and sales from fresh dough facilities
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Making the Dough at Panera Bread Company Terri Wilson John Totherow Rebecca Hall March 3‚ 2013 Executive Summary Repetti and Vincelette (2005) found that Panera Bread Company “Panera” opened 419 new bakery-café stores from the initial unit expansion beginning in 1999 through 2003 as system-wide revenues increased (p. 29-1). Annualized unit volumes and system-wide comparable sales percentages declined each year since 2003 indicating a decrease in company growth and narrowing profit-margin
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Executive Summary Problem Statement: While Panera bread has incorporated a great strategy by provided their customers with an upscale‚ high-quality dining experience in the specialty Café category‚ they have fallen slightly behind in their pricing strategy in order to remain competitive when so many competitors are offering a similar experience with lower prices. Analysis: Panera’s Strategic intent and vision has been: • Make great bread broadly available to customers across the US • Have
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The analysis of Panera Bread Company will focus on the demographic and sociocultural aspect of its general environment. Overall assessment of the industry environment will be specific to threat of new entrants and the rivalry among competing firms. Internal assessment will be based on – its resources/capabilities‚ core competences as a source of competitive advantage‚ weaknesses/competitive deficiencies‚ firm performance‚ business level strategy and corporate level strategy. General Environment
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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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ASSIGNMENT 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
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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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