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In April 2017, JAB reached an agreement to buy U.S.-based Panera Bread, a fast casual bakery-café chain, for $7.5 billion. [23] Also in April, JAB was reported to be stepping back from investment in luxury goods, with reported plans to sell its stakes in the designer shoe and clothing brands Jimmy Choo, Bally, and Belstaff. [12]
Ronald M. Shaich (born December 30, 1953) is an American businessman, entrepreneur, investor, and best-selling author who co-founded and built Au Bon Pain Inc., and later, founded Panera Bread, both of which he served as CEO and chairman. [1] Under Shaich's leadership, from 1997 to 2017, Panera Bread was the best-performing public restaurant ...
Panera Bread is an American chain of bakery-café fast casual restaurants with over 2,000 locations, all of which are in the United States and Canada. Its headquarters are in Sunset Hills, Missouri. The chain operates as Saint Louis Bread Company in the Greater St. Louis area, where it has over 100 locations. [6]
Au Bon Pain then purchased St. Louis Bread, a regional restaurant chain known for its fresh ingredients. Shaich pressed Au Bon Pain leaders to shift more attention toward St. Louis Bread, and the ...
Panera Bread is on the rise. The company recently reported earnings for the fourth quarter. And judging by the market's reaction, investors were happy with the results. After the earnings ...
As Panera enters its 2.0 era, the company's business is radically changing. By the end of the year, the company says that more than 20% of sales will be ordered, produced, and paid for digitally.
Firehouse Restaurant Group, Inc., doing business as Firehouse Subs, is an American fast casual restaurant chain based in Jacksonville, Florida that specializes in submarine sandwiches. It was founded in 1994 by former firefighter brothers Chris and Robin Sorensen. [3] [4] It is a subsidiary of Restaurant Brands International, which also owns ...
Warren Buffett's partner, Charlie Munger, once said, "I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.