Panera Bread Company’s first Arizona area developer plans to open 15 new bakery/cafes by 2011.
The 2004 Restaurant Satisfaction Study by J.D. Power and Associates found that Panera Bread ranks highest among quick-service restaurants in the Midwest and Northeast regions.
Panera Bread Company announced an agreement with the "Oakes/Cobo," franchise group to develop 10 Panera Bread bakery-cafes in the counties of San Francisco and Marin, California.
Paul Twohig has resigned as executive vice president and chief operating officer of Panera Bread after nearly two years in those roles. No explanation was offered for the move.
New initiative extends Panera fresh food experience beyond the bakery-cafe
Panera Bread's system-wide comparable bakery-cafe sales decreased 0.9% for the four weeks ended June 12, 2004.
Panera Bread and Viking Culinary Arts Centers are teaming up, according to a statement, "to celebrate the art of crafting bread and raise awareness of its importance in the American culture and diet."
Second quarter EPS sets a company record.
As predicted, sales were sluggish in February.
Systemwide comps up for 28th consecutive quarter at 4.8%; 115 stores opened in 2002.