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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 September 2022, Panera announced that legacy St. Louis Bread Co. locations outside St. Louis City and St. Louis County would be rebranded as Panera when remodeled, with locations in the inner core of the metro retaining the Bread Co. name. [56] One location in St. Louis County is named Panera as it is a prototype of the "Next Gen" restaurant ...
Shaich led the sale of Panera to JAB Holdings for approximately $7.5 billion ($315 per share) in a deal approved by Panera's shareholders on July 11, 2017. The deal was the largest U.S. restaurant deal ever done up until that point in time at among the highest multiples – 18x EBITDA – on record. [ 41 ]
McDonald's Ray Kroc. Starbucks' Howard Schultz. Ron Shaich. The Mount Rushmore of visionary founders in the fast-food industry. People that have tapped into the world's fixation to get hot food ...
Ron Shaich, then CEO of Panera Bread, purchased over 50% ownership of Tatte in 2016. [12] After Shaich parted ways with Panera, he bought Panera's stake in Tatte and continues to be a lead investor. [ 13 ] [ 14 ] Despite Shaich's majority stake, Tatte continues to operate as an independent company. [ 15 ]
Panera teased that more details about that menu changes will be unveiled in March. Panera is also aiming to lure in budget-conscious customers with some of the new menu items being priced under $10.
According to California public records, Flynn, whose company, The Flynn Group, has 24 Panera locations in California, donated several times to Newsom’s 2022 re-election campaign and gave ...
In July 2022, Amazon struck a deal with Just Eat to offer Prime customers free Grubhub+ membership for a year. The partnership allows Amazon to take a 2% stake in the company with the option to acquire up to 15% based on performance. [57] In May 2024, Amazon announced that Grubhub+ would become permanently included with Amazon Prime memberships ...