initiatives will negatively impact the company. Panera sells baked goods‚ sandwiches‚ soups‚ and coffee at their bakery-cafes. The separate bakery counter‚ areas for small gatherings‚ booths for privacy‚ free Wi-Fi‚ and casual atmosphere attract consumers who desire more from the standard fast food chains. Panera’s artisan bread‚ flavorful menu‚ customer service‚ and prices also appeal to consumers. In order to sustain a business‚ several strategies must be considered and countless more are needed
Premium Fast casual restaurant
STRENGTHS • Panera Rewards‚ building relationships with loyal customers‚ which improves sales • Quality Ingredients‚ delivering fresh ingredients to all stores is the prime incentive for management. • Market Niche‚ It has pioneer the fast casual dining experience over their competitors speed or drive thru Panera Bread is the nationally leader in the bakery- café segment‚ and has strengths for future expansion and growth without
Premium Fast casual restaurant
Panera Bread What do most people think of when the words “fast food” come to mind? The first thing that pops into a person’s brain are restaurants such as McDonald’s‚ Wendy’s‚ and so on. All of those places sell foods that are high in calories‚ sodium‚ fat‚ and sugar. When the restaurant Panera is mentioned‚ people usually think about how they have healthy food options and would never be considered a fast food restaurant. Panera Bread‚ is a popular American bakery and café chain. It is known for
Premium Fast casual restaurant Fast food Restaurant
franchise-operated bakery-cafes. Panera’s vision is to create a specialty café anchored by an authentic‚ fresh-dough artisan bakery and upscale quick service selections. With its goals and objectives of becoming one of the leading fast-casual restaurant chains and becoming a dominant restaurant operator across the nation‚ Panera Bread’s use of a broad differentiation strategy has helped their profitability and growth and rivals have found it hard to compete with the competitiveness of Panera Bread. This strategy
Premium Panera Bread Bread Marketing
Synopsis Panera Bread is a casual made-to-order fast food restaurant that offers specialty breads‚ sandwiches‚ tossed salads and soups. Established in 1981‚ with 1‚562 company owned and franchised locations‚ Panera Bread has moved into the forefront of the restaurant business‚ and has strategically penetrated the market while acquiring a robust amount of loyal customers. Most of the restaurants offer the choice of indoor and outdoor dining. A fireplace inside the restaurant is appealing to many customers
Premium Fast casual restaurant
Today‚ many people eat fast food instead of home made food. The reason is that fast food is fast‚ cheap and convenient. However‚ at the same time‚ fast food is contributing to a big social problem in the U.S.‚ which is obesity‚ and recently some people are beginning to sue the fast food companies for causing their obesity. Should the fast food companies have responsibility for American’s obesity? My answer for this argument is "No". I think that whether people eat fast food or not is an individual
Premium Nutrition Food Obesity
Bread is operating in an extremely high competitive restaurant market which forces the company to improve and to grow steadily for staying profitable. The company’s mission statement of putting “a loaf of bread in every arm” is just underlying Panera’s commitment for growing. They are now in a good financial situation and facing growth rates of up to 20% per year in a niche market that has a great growth potential. In the next 7 years the fast-casual market is expected to grow by 500% in sales to a
Premium Fast casual restaurant Europe Economics
SWOT Analysis The business plan I selected to perform my SWOT analysis on is Kona-Q‚ a fast-casual restaurant with a menu that focuses on healthy foods‚ rather than the typical fast food menu. Strengths The President‚ Kevin Anderson has 7 years’ experience in the restaurant industry‚ and a dual major in accounting and entrepreneurship which provides good education‚ experience‚ and knowledge for this venture. The business model for Kona-Q is well developed‚ offers a design for the successful
Premium Management Strategic management Fast food
sales to ffranchisees. Panera’s shares have outperformed every major restaurant stock over the last 10 years. Panera’s share price has risen over 1‚600% from 3.88 a share on December 31‚ 1999‚ to 67.95 a share on Deember 28‚ 2009. Panera largerly led the evolution of what became kniown as the “fast casual” restaurant category. History Panera Bread grew out of the company that could be considered the grandfather of the fast casual concept: Au Bon Pain. 1976‚ French oven manufacturer Pavaille opened
Premium Fast casual restaurant Panera Bread Bread
MGMT479H June 23‚ 2013 Panera Case Study Week 3 Panera Bread Company’s beginnings come from a vision of one man who purchased the company from a French oven manufacturer Pavailler who opened a demonstration bakery. Louis Kane was struck by the potential of what the business could be so he purchased this business from Pavailler. Named Au Bon Pain (French for “where good bread is”) and opened 13 stores and closed 10 stores between 1978 and 1981. With bankruptcy in the future‚ Kane meets a fellow
Premium Fast casual restaurant Panera Bread