8. The strategic issues and management issues do not need to solve Panera Bread?
In our research, we have agreed that Panera Bread is doing a very good job in applying the strategy of himself. They are doing a great job in raising awareness of the quality of their company in their store environment, product and exceptional service. Their cafe attracts more customers out there are looking for a comfortable environment with their dining experience. Their Cake-cafe did this very effectively. Factors such as a fireplace, chairs, warm lighting and a quiet environment Panera Bread studious pushed in this category. All breads are baked fresh and in house when they were striving towards providing the best quality food and products for valuable customers. Lounge and home away home environment is very attractive for their customers and is one of the key factors for success Panera Bread's.
They also did very well in terms of growth and expansion; Their CAGR for 2002-2006 of total revenue was 30.9%. However in the negative can be seen on this is that the majority of restaurant expansion franchise was not a company owned majorly. They have room to move and continue development which will definitely help the performance and profitability of their future, as they have shown in the past years of success in their expansion. Opened 123 new cafe-bakery in 2012 alone, and 112 brand new stores in 2011. The opening of the new store is due to the amount of money the store revenue was produced, while pride may said the company has no debt.
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