Panera bread biography

Our History

So what’s the secret to Panera’s success?

Ron Shaich - Wikipedia

It’s been our ability to transform our business whenever necessary and pivot as appropriate. Panera’s journey so far has been punctuated by five major transformations – each of which positioned us for ever greater success. Here are the five transformations that created the Panera you see today:

Transformation #1

Inc. Shortly thereafter, he and his late partner, Louis Kane, recognized the potential of transforming the company from a bakery selling croissants and bread to a bakery-cafe that used bread and croissants as a platform for selling upscale sandwiches.

Au Bon Pain Co. Inc. became a publicly traded company in 1991 and opened hundreds of bakery-cafes, becoming a familiar fixture in cities along the East Coast and overseas.

Transformation #2

After acquiring 19-unit Saint Louis Bread Company in 1993, Ron realized in the mid-1990s that a growing niche of people wa Toggle share options FYG