Panera Bread
Panera Bread is a fast food restaurant chain having their locations in the United States and Canada. The company was founded by Ken Rosential, Louis Kane, and Ronald M. Shaich in 1987 with a single location in Kirkwood, Missouri. As of 2015 records, the company’s revenue was US$ 2.6 million whereas their total assets in the same year were US$ 1.4 billion. There are more than 47,100 people working with the company controlling their operations in North America. The corporate headquarters of the company is situated in Sunset Hills, Missouri, United States. They operate as the wholly owned subsidiary of JAB Holding Company. The main products of the company are salads, cold sandwiches, soups, teas, bagel, baguettes, bread, coffee, iced drinks, espresso drinks, frozen drinks, salads, pasta, fruit smoothies, lemonade, hot chocolate, and many more.
Panera Bread Subsidiary
The company also owned a division, named Paradise Bakery &Café that is based in Scottsdale Arizona. Through this subsidiary, they operate bakery café restaurants in the western and southwestern parts of the United States. Overall, this division operates 60 stores in 9 states across the country.
JAB Holding Company
The main headquarters of JAB Holding Company is situated in Luxembourg, Germany. In addition to Panera Bread, the company owns many other brands, such as Mighty Leaf Tea, Krispy Kreme, Jacobs Douwe Egberts, Einstein Bros Bagels, Caribou Coffee, Coty, Peet’s Coffee & Tea. The company was established by Ludwig Reimann and Johann Benckiser in 1828. It is owned by Reimann Family who has a major stake in the company.
