Is Bread Co and Panera the same?
Today, Panera operates as both Panera Bread® or Saint Louis Bread Co St. Louis Bread Company in 48 states, the District of Columbia and Canada. To find a location in your area, click here.
Why is it called Bread Co in St Louis?
In 1993, Au Bon Pain Co. purchased the St. Louis Bread Company. In 1997, Au Bon Pain changed the company name to Panera Bread, a made-up name combining the Italian words pane (bread) and era (time)—time of bread.
Who bought St Louis Bread Company?
Au Bon Pain Co., a public company, purchased the St. Louis Bread Company in 1993 for $23 million. In 1997, Au Bon Pain changed the company name to Panera, from a word that has roots in the Latin word for “breadbasket” and is identical to the word for “breadbasket” in Spanish and Catalan.
What happened to St Louis Bread Company?
Saint Louis Bread Company was renamed Panera to position it for national growth.
What happened to Panera?
Panera Bread CEO and founder Ron Shaich says the decision to sell the bakery cafe to German conglomerate JAB for $7.5 billion is “bittersweet.” “I wasn’t really looking for this in any way,” Shaich told Fortune in an interview following the announcement. “To be honest, we have been hugely successful.”
What does Panera mean in Spanish?
English Translation. breadbasket. More meanings for panera. breadbasket noun.
How much is Ron Shaich worth?
How Panera’s Ron Shaich Made Nearly $400 Million Pretax — And Beat Buffett Along The Way. This article is more than 5 years old. The $7.5 billion acquisition of Panera Bread by an investment vehicle affiliated with JAB Holding is worth nearly $400 million to founder Ron Shaich.
Can you use Panera gift cards at St. Louis bread?
Cards are redeemable only for purchases of food or other products online at https://www.panerabread.com/ or at participating Panera Bread and Saint Louis Bread Co. Bakery-cafes in the United States.
Why did St. Louis Bread Co change to Panera?
It Once Shared Common Ownership with Au Bon Pain Louis area. These shops were so successful that in 1999 Shaich decided to do something drastic: he sold off Au Bon Pain and devoted all his resources to The St. Louis Bread Company, which he renamed Panera Bread. He remains CEO of the company to this day.
What does the word Panera mean?
Part of the new name, Panera, is a word that has roots meaning “bread basket” in Latin.
Why did Panera get rid of ham?
The Panera Bread Company is ditching half the meat on its menu in favor of vegan food. The bakery chain aims to offer healthier, more sustainable options.
Who owns Panera Bread?
JAB Holding Company
Pret Panera I G.P.
Panera Bread/Parent organizations