Panera Bread is a renowned restaurant that has come about from the merging of great companies and people. However‚ the beginning was actually with Au Bon Pain which was started in Boston’s Feneuil Hall as a demonstration bakery. Louis Kane was struck by this store’s growth potential and purchased the business in 1978. Between 1978 and 1981 the company opened 13 stores‚ but subsequently closed 10 of these stores‚ in the Boston area and had major debt. Ronald Shaich‚ a recent graduate from Harvard
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Performance Highlights • Q4 2014 Company-owned comparable net bakerycafe sales up 3.3% • Q4 2014 Company-owned comparable net bakerycafe transactions up 1.3% • During FY 2014‚ 114 new bakery-cafes opened system-wide Strategic Posture • Mission: “A Loaf of bread in every arm” CORPORATE GOVERNANCE Board of Directors • Seven Members • Three Board Committees Top Management Ronald Shaich Founder‚ Chairman & CEO Blaine Hurst EVP & Chief Transformation and Growth Officer William Moreton CFO Charles Chapman
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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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ICRA Rating Feature POULTRY INDUSTRY - BROILER MEAT AND TABLE EGG Analyst Contact Anjan Ghosh aghosh@icraindia.com +91-22-3047 0006 Overview The domestic poultry market size is estimated at more than Rs. 47‚000 crore and the growth trend is likely to continue for the present decade as demand has been growing steadily on back of favourable socio economic factors like healthy GDP growth‚ rising purchasing power‚ changing food habits‚ and increasing urbanization. The poultry sector in India
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of Panera bread is amazing and the customers that it attracts are happy and nice. This environment is this way because of the way employees interact with the customers. When I go into work I am happy to be there and ready to help anyone who comes in. I believe one of the biggest ways to make someone’s day is greeting them with a smile when they first walk in‚ I think a smile can help make someone’s day better. First impressions are very important. Showing people you care about them‚ is what I feel
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largest 4 firms in an industry. Formula: CR4= Σ4i=1 si Calculation: (11‚834‚883 + 3‚845‚900 + 3‚696‚800 + 3‚650‚647) / 44‚582‚621 = 0.5165292996 = 0.516 (3dp) =51% Analysis: As the four firm concentration ratio is >50% this insinuates that this market structure is that of an oligopoly. Calculating the Herfindahl-Hirschman Index (HHI) Definition: The HHI is a concentration measure based on the sum of the squared market shares of all the firms in the industry. Formula:
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may want to diversify and provide a critical assessment of the economic validity of their reasons for diversifying. Abstract Despite the different degree of competitions and the level of development in the market across the various types of industries‚ most firms are continuously and consistently looking for ways and opportunities to enhance their ability to grow or even to just maintain sustainability and survival in the industry. Firms carry out diversification such as developing new lines and
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The extent of this report is to analyze Panera Bread Company in terms of sustainability. Content • Introduction • Overview • Sustainability • Conclusion • References Introduction For restaurateurs‚ study results suggest that developing positive indicators of customer behavioral intentions relies not only on the restaurant’s ability to increase customer satisfaction‚ but also to establish a favorable image and perceived value. Hence‚ restaurateurs are keen to strengthen in pursuit
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Case # 5 Panera Bread Company 1. What is Panera Bread’s strategy? Which of the four generic competitive strategies discussed in Chapter 3 most closely fit the competitive approach that Panera Bread is taking? What specific kind of competitive advantage is Panera Bread trying to achieve? Driving concept: to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Generic: Broad differentiation strategy. Competitive advantage: striving to build a
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segment. Maxis has also pioneered and led the Malaysian market in delivering innovative mobile products and services. It was the first to launch 3G services in Malaysia as known as Maxis3G in July 2005‚ and in September 2006‚ it became among the world ’s first to use HSDPA‚ a high-speed upgrade of its 3G network‚ to provide wireless broadband services. It was the first operator to bring the BlackBerry™ and Apple iPhone™ smart phones to Malaysia. The company in April 2009 unveiled the first commercial
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