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Panera Bread, originally owned by Au Bon Pain, is currently owned by JAB Holding Company, which is, in turn, owned by the Reimann family of Germany. [9] Panera was once the largest provider of free Wi-Fi hotspots in the United States. [10]
Owned by Germany's Reimann family, [29] 90% of JAB belongs to four of the nine adopted children of the late Albert Reimann Jr. (1898–1984). [30] They trace their wealth to chemist Ludwig Reimann, who, in 1828, joined with Johann Adam Benckiser (founder of the namesake chemical company). Reimann married one of Benckiser's daughters and ended ...
As of 2024 the Group operated around 2,600 franchise locations around the world, primarily of Applebee’s, Arby's, Pizza Hut, Wendy's, Panera Bread, Taco Bell, and Planet Fitness. [8] They had approximately 72,000 employees. [7] The company engages in a complex menu strategy overseen by a team of economists and data scientists. [11]
One of Germany's richest families, whose company owns a controlling interest in Krispy Kreme Doughnuts, Panera Bread, Pret a Manger and other well-known businesses, plans to donate millions to ...
The family behind JAB Holding, the Reimanns, is facing scrutiny for its Nazi ties. The German family that owns Krispy Kreme and Panera is reckoning with its Nazi past [Video] Skip to main content
BJ’s Restaurants, Inc. (NASDAQ:BJRI) has announced a new cooperation agreement with Act III Holdings and affiliates of Ronald M. Shaich, a prominent restaurant industry figure. Act III, led by ...
In 1999, in addition to the 20 St. Louis Bread Company stores, Shaich's Panera Bread had more than 150 cafes. [20] [23] By 2000, Panera Bread, under Shaich's leadership, had 227 stores open across 27 states and $202 million in sales. Its stock went from $6 per share in 1999 to $19 per share in 2000 about a year later. [23]
In 1993, Shaich acquired St. Louis Bread Company, which at the time had 19 locations. Having already founded the bakery-cafe Au Bon Pain, Shaich moved quickly to make his new chain, renamed Panera ...