1.Introduction Today, it is known by the name of Panera Bread. Since its existence from 1981, Panera Bread has been in the top three bakery-cafÃ© companies in the US, dower its many customers generally bakeries, artisan bread, made-to-go sandwiches, salads, soups and cafÃ© beverages. In 1981, Panera Bread started working as Au Bon Pain Company, which posterior on in 1993, the company bought the 20 Saint Louis Bread bakery-cafes and renamed it to Panera Bread in 1997. Panera Bread is single-valued function in 41 countries and it has as 1325 stores across US and slow Canada. Roughly, about 900 of the Panera Bread stores are franchisees and the remaining are pretend by the company. Paneras focus was on the urban workers and suburban d strongers in the historic decade, while today it is aiming for the entire communities. 2. denomination of Business Model Since the existence of Panera Bread, the market for bakery-cafÃ© is easily growing, mainly because it is a nic he market, and companies within this market oblige been enjoying high revenues and lucre for a long time. What people in the US needed, was a fast-casual restaurant service with high fibre food offered at a reasonable price.
This is the sweet signalize Panera Bread took eliminating McDonalds, Subway, Wendys and other chains as control competitors. Its achievement lies in the business model it has, message that Panera Bread serving its existing and potential customers high select food as artisan bread, sandwiches, soups and coffees at a rattling reasonable price, olibanum experiencing high fruit in the past decade, more but having 1325 Panera Bread s! tores across the US and Canada. much(prenominal) rapid branch is mainly achieved through franchising which will be discussed critically later in this paper. In addition, Paneras achiever as well lays in the well crafted and carefully mulish market, customer and mathematical product orientation, development and positioning. According to its fiscal statements, they have achieved a growth of...If you want to get a full essay, order it on our website: BestEssayCheap.com
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