Tag Archive | Ron Shaich

Panera Bread to Acquire Au Bon Pain

Panera Bread to Acquire Au Bon Pain

Panera Bread has entered into a definitive agreement to acquire Au Bon Pain Holding Co. Inc., parent company of Au Bon Pain. The Boston-based bakery-cafe chain has 304 units worldwide, and will be part of Panera’s initiative to intensify growth in new real estate channels, including hospitals, universities, transportation centers […]

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Park To Shaich: 'We'll See Your Kids Meal Challenge, And Raise You A Charity Drive'

Park To Shaich: ‘We’ll See Your Kids Meal Challenge, And Raise You A Charity Drive’

Garbanzo’s entire leadership team to eat Kids Meals for a week; $1 from all Kids Meal sales to be donated to children’s hospitals In response to Panera Bread Co. Founder Ron Shaich’s challenge to his fellow restaurant CEOs to eat from their brands’ children’s menus for a week, Garbanzo Mediterranean […]

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Panera Bread Acquired in $7.5 Billion Deal

Panera Bread to Be Acquired in $7.5 Billion Deal

Panera Bread and JAB have entered into a definitive merger agreement under which JAB will acquire Panera for $315 per share in cash, in a transaction valued at approximately $7.5 billion, including the assumption of approximately $340 million of net debt. JAB is acquiring Panera through JAB BV, an investment […]

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Panera Bread Menu is Now 100% Clean

Panera Bread Menu is Now 100% Clean

Panera Bread (NASDAQ:PNRA) has announced that its entire U.S. food menu and portfolio of Panera at Home products are now free from all artificial flavors, preservatives, sweeteners, and colors from artificial sources as defined by the company’s No No List, inclusive of 96 separate ingredients and additive classes. Panera is […]

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Panera Bread Appoints Blaine Hurst President

Panera Bread Appoints Blaine Hurst President

Panera Bread Company (NASDAQ:PNRA) has named company veteran Blaine Hurst President effective Monday, December 12, 2016, following the resignation of Drew Madsen for personal reasons. Hurst has been with Panera since 2010 and has held a number of senior leadership positions, most recently as Executive Vice President – Chief Transformation […]

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Panera Sees Expansion Opportunities in Catering and Delivery

Panera Sees Expansion Opportunities in Catering and Delivery

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Covelli Enterprises Acquires Twenty One Additional Panera Bread Cafes in Cincinnati

Covelli Enterprises Acquires Twenty One Additional Panera Bread Cafes in Cincinnati

Acquisition Gives Company Over 300 Bakery-Cafes Ohio headquartered Covelli Enterprises, the largest franchisee of Panera Bread, announced today the acquisition of an additional 21 bakery-cafe locations in the Cincinnati, Ohio area. The acquisition gives Covelli over 300 Panera Bread restaurants in five states and Canada. The company now owns over […]

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Panera Bread Issues 2014 Responsibility Report

Panera Bread Issues 2014 Responsibility Report

Company Shares Strategic Vision for Delivering on Promise of ‘Food as it Should be’ Today, Panera Bread (NASDAQ:PNRA) unveiled its first Responsibility Report to update guests, associates and other stakeholders on the Company’s strategic vision for delivering on its values and commitments. For years, Panera has been a leader in […]

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Panera Bread Presents $11,128 Check to Cleveland Clinic for Breast Cancer Research

Panera Bread Presents $11,128 Check to Cleveland Clinic for Breast Cancer Research

Over $11,000 Raised Through Panera’s 2015 Go Pink Campaign and Operation Dough-Nation Program Panera Bread was honored to present a check for $11,128.90 to Cleveland Clinic for breast cancer research on December 14th 2015 at 11:30 AM at the University Circle, Ohio Panera Bread. The funds were raised through Panera […]

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Flynn Restaurant Group Acquires 47 Panera Bakery Cafes, Plants "Third Flag" in Fast Casual Segment

Flynn Restaurant Group Acquires 47 Panera Bakery Cafes, Plants “Third Flag” in Fast Casual Segment

With 729 Restaurants and $1.7 Billion in Sales, Flynn Restaurant Group enhances its position as the largest US Restaurant Franchise Group Flynn Restaurant Group LP (FRG), the largest restaurant franchise group in the US, today announced that it has purchased 47 Panera Bakery Cafes in the San Francisco Bay Area, […]

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Panera Bread Celebrates the Joy of Eating With New Campaign: "Food as It Should Be"

Panera Bread Celebrates the Joy of Eating With New Campaign: “Food as It Should Be”

Panera Bread (NASDAQ: PNRA) has unveiled a new national advertising platform to express the company’s long-held belief in food that is good and good for you. “The Panera experience starts with great taste, but good food should also be good for you. For us, that means a menu you can […]

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Panera Bread Appoints Two New Executives to Augment Its Organizational Capabilities as It Executes Its Strategic Plan

Panera Bread Appoints Two New Executives to Augment Its Organizational Capabilities as It Executes Its Strategic Plan

Panera Bread Company (NASDAQ: PNRA) has named Drew Madsen president effective May 11. He will report to Ron Shaich, chairman and CEO. Madsen will oversee the core café business, while Shaich focuses on strategy, growth initiatives and innovation across the company. Madsen served as president and COO of Darden Restaurants […]

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Panera Bread Becomes First National Restaurant Company to Share List of Unacceptable Ingredients

Panera Bread Becomes First National Restaurant Company to Share List of Unacceptable Ingredients

Company Details ‘No No’ List of Artificial Additives to Be Removed and Introduces ‘Clean’ Salad Dressings Panera Bread (NASDAQ: PNRA) today shared progress on its commitment to remove artificial additives by publishing a list of artificial colors, flavors, sweeteners and preservatives that the Company has eliminated or intends to remove […]

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Panera Bread Announces Progress On A Number Of Key Value Enhancing Initiatives

Panera Bread Announces Progress On A Number Of Key Value Enhancing Initiatives

Panera Bread Company (NASDAQ: PNRA) has announced progress on a number of key value enhancing initiatives: Panera’s Board of Directors approved an increase to the Company’s current share repurchase program to $750 million. The Company expects to purchase $500 million of shares within the next twelve months, through a combination of […]

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