Panera could also see expansion of its company during times when other chains are not expanding, during the recession. Their stores were strategically located along the East Coast of the United States. Panera Bread continues to grow as a business and can maintain as one of the top competitors amongst the industry by simply improving the overall attractiveness of their company and their key competencies. Panera Bread has a large and diverse menu that has been very well received from the public. Customers are loyal to Panera Bread because of their ability to provide fresh bakeries and the convenience to treat themselves to a delicious Panera Bread product. Specifically, the plausible proposition of growing franchisee-owned stores in contrast to company-owned stores is a driver and key success. It also maintains certain product staples and seasonal items, options that are very important to consumers.
Panera Bread operates its retail bakery-cafe facilities through Panera Bread, Saint Louis Bread Co. This continued until 2009 when Panera Bread was still recovering from the recession. This buying power has the possibility to increase the sales for build your own concept stores even more so than previous years. Items sold include prepackaged coffee, teas, and other merchandise. First and foremost is customer service. The setbacks of this that could be seen would be that the owner would have a hard time managing two different markets, especially if there is significant distance between them.
At Panera Bread, everyday is an opportunity to improve the company and better serve customers the fresh food they have come to love. For example, in recent years there has been an increase in the number of individuals who identify themselves as vegetarian or vegan. The overhaul included altering the menu and the dining atmosphere. One weakness Panera Bread has in relation to other companies in the same market is that Panera does not provide a faster pick-up and take-away option like most other quick-service restaurants have. Page 8 Exhibit 4: Key Success Factors………………………………………. This is one of the.
Starbucks has also added drive-thrus to many locations. The case study also described the difficulties in obtaining a franchise with the company. As such, it is instrumental in strategy formulation and selection particularly helpful in identifying areas for development. They could create health consciences menu into its varieties of food. The company is owned by Au Bon Pain Co. This stock performance is illustrated in the three charts can be included in Appendix A. Panera Bread will implement a new layout and design in all of its bakery-cafes within the next five years.
In addition, Starbucks creates a diverse and inclusive workforce that makes employees happy to come to work. This should open a window of opportunity for Panera Bread in other product categories. Panera Bread does not have a steady selling point 1. Panera Bread Press Kit: Fourth Quarter 2006. The current layout creates problems aesthetically as well as in the creation of long lines.
Threats in the Environment More restaurants are now offering healthier choices on their menus and at lower prices than Panera is. Other topics discussed include Panera's presence in. Topics discussed include the company's revenues for the fiscal period ended December 2013, operating profits for the same period and net profit for the full year 2013. Therefore, financing through debt is a sound method to raise the amount needed. The company has been awarded with two major customer service awards including the J.
Weaknesses Panera is known for their organic and high quality of the food, this results in high prices for their products. Since the price-earning ratio and earnings per share have been rather stagnant in contrast to the underperformance in sale growth, the market is valuing the brand name as well as the new technology implementation in the order process. They make a point to ensure that employees feel they are a partner of the company rather than just an employee. Key benefits of buying this profile include: You get detailed information about the company and its operations to identify potential customers and suppliers. . Soon, the application will permit customers to order while they are sitting inside a Panera Bread restaurant.
Strengths of the Organization This case study identified many strengths Panera Bread has including those dating back to Au Bon Pain Company; however, this section will only identify those strengths associated with the current position of Panera Bread Company. Panera Bread has about 1,027 baker-cafes in the United States, and is widely recognized for driving the nationwide trend for specialty breads. Having approximately 60 customers… 1109 Words 5 Pages Green Panera Bread - Case Analysis June 10, 2010 Overview Panera Bread, also called St. Use the financial ratios in Table 4. Panera Bread ranks third within this market.
Studies from the case show that Panera has a high rate of returning customers once Panera has got them in the door. What type of competitive advantage is Panera Bread trying to achieve? Income Statement and Income Statement Explanation See Appendix G for Income Statement. They have an attractive menu and the dinning ambience of his bakery-cafés… Case Study of the Panera Bread Company Lawrence Technological University Author Note This paper was prepared by Bruce S. The threats for the firm include strong competitive threat from players such as Starbucks as well as other casual dining chains. This ratio is important to investors because they want to verify that the price they pay for a stock is fair in relation to the earnings they can expect from it.