Panera Bread is reportedly making significant changes to its corporate structure as its parent company Panera Brands prepares for an initial public offering (IPO). The company will be laying off approximately 17% of its 1,800 corporate staff, focusing on support-staff roles, the Wall Street Journal...
With restaurants continuing to struggle under the steep fees that third-party delivery services charge, leading delivery services continuing to operate at a loss, and consumers growing frustrated with the steep fees associated with their order, the food delivery business is straining at the seams. ...
As diners can order a wide range of cuisines from their smartphones, mobile order-ahead continues to become more popular — and quick-service restaurants (QSRs) are taking note. The technology is changing the design of restaurants, as some coffee chains are rolling out pick-up only locations...
Coffee chains have been on the cutting edge of mobile order-ahead, offering generous loyalty incentives and lightning-fast pickup. But staying competitive means constant adjustment to apps based on customer feedback. In the latest Mobile Order-Ahead Tracker, PYMNTS spoke with Caroline Larson, senior director for Caribou...
December 01, 2023
Panera Brands, the casual dining group owned by investment group JAB, has confidentially filed paperwork for an initial public offering (IPO) in the U.S., according to sources familiar with the matter. The Missouri-based group is planning to go public in 2024, signaling a potential revival in the market for new listings after a two-year slowdown. […]
November 01, 2023
Panera Bread is reportedly making significant changes to its corporate structure as its parent company Panera Brands prepares for an initial public offering (IPO). The company will be laying off...
July 19, 2017
How about some coffee with that bagel? Panera Bread has gone from publicly-traded to private, bought out by JAB Holding Company, the parent company of Caribou Coffee, Peet’s Coffee &...
