Panera Bread

Panera Bread, also known as St. Louis Bread Company in the St. Louis,http://en.wikipedia.org/wiki/Panera_Bread is a leader in the quick-casual restaurant business with 1,362 bakery-cafes in 40 states in the US and some locations in Canada. Of these locations, 575 of these are company-owned and the other 787 are franchised.http://finance.yahoo.com/q/pr?s=pnra


Panera Bread was founded in 1981 when it was purchased by a company by the name of Au Bon Pain Co., Inc. Louis Kane and Ron Shaich made the decision to purchased a chain of bakery-cafes in the Saint Louis area known as the St. Louis Bread Company in 1993. Over the next 4 years, this division of the company grew, and The Au Bon Pain Co sold all of it's divisions with the exception of St. Louis Bread Company in 1999. It was then renamed to Panera Bread. However, the company still operates under both names within the United States and Canada.http://www.panerabread.com/about/company/history.php

Key Dates

  • 1981: Panera founded as Au Bon Pain Co., Inc.
  • 1993: Au Bon Pain purchased by Saint Louis Bread Company
  • 1993-1997: Name of some restaurants changed to Panera
  • 1999: Au Bon Pain business unit solds except Panera
  • 2006: Panera recognized as top performer in shareholder returns by Wall Street Journal

Best Bakery Awards

  • 417 Magazine (Southwest Missouri)
  • DeKalb Northern Star (Chicago, IL)
  • Edmond Life and Leisure (Oklahoma City, OK)
  • Knoxville News Sentinel (Knoxville, TN)
  • Mirror (Altoona, PA)
  • The Pilot (Moore County, NC)
  • San Joaquin Record (Stockton, CA)

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