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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 ...
Applebees was initially wary of the Flynn Group controlling too many franchises and entered an agreement which limited the Group to 11% of franchises. In 2007 Applebees, then under new ownership, lifted the restriction and sold the Group a number of company owned stores. The Group expanded its Applebees holdings during the Great Recession. [2]
The sources said Panera Brands has brought Bank of America on board to organize the sale of the chains, and some operators and private equity firms are already showing interest in the brands.
Act III, led by Shaich, who is also the founder of Panera Bread and Chair of Cava Group, will work closely with BJ’s leadership team to drive the company’s growth and strategic vision.
[21] By May 1999, Au Boin Pain Manufacturing was sold to Bunge Foods, and Au Bon Pain USA and Au Bon Pain International were sold to private-equity firm Bruckmann, Rosser, Sherrill & Co. [22] [23] After the sale, the sole remaining division of Au Bon Pain Co. Inc. was the Panera division and the public company name was changed from Au Bon Pain ...
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