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Top related persons:
Panera - 2 Ron Shaich - 2 Danny Meyer's - 2 Panera isn't - 1 Shein confidentially - 1 Skims - 1 Shaich - 1 Cookie - 1
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Cava Rye
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CNBC - 2 Financial Times - 1 Investors - 1 Bloomberg - 1 Yum Brands - 1 Panera's - 1 Financial - 1 CNBC PRO - 1

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8 mentions found


☆ Panera Bread reportedly files to go public again through IPO
  + stars: | 2023-12-01 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Panera Bread has confidentially filed to go public again, the Financial Times reported. The restaurant chain, known for its soups, sandwiches and bagels, has been signaling for months that it's looking to go public through an initial public offering. In May, Panera announced a CEO transition and said the leadership changes were "in preparation for its eventual IPO" — amid a two-year IPO drought that ended in the fall. Mediterranean restaurant chain Cava , whose chair is Panera founder Ron Shaich, was among the trickle of companies that went public this year. JAB also tried to take Panera public again that year.
Persons: Panera, Ron Shaich, Panera isn't, Shein confidentially, Skims, Danny Meyer's Organizations: Financial Times, Investors, Bloomberg, CNBC, Yum Brands, Panera's, Financial, CNBC PRO Locations: Cava, Rye
☆ Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
  + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +4 min
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.
Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava
☆ Here’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders
  + stars: | 2023-05-27 | by ( Kenneth Squire | ) www.cnbc.com   time to read: +5 min
Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products. Shake Shack entered a cooperation agreement with Engaged. Over the past 20 years, he and his team have developed one of the greatest casual hamburger chain restaurants in the country, Shake Shack. They took Shake Shack public in 2015 with 63 restaurants and have expanded to 436 restaurants in eight years. As a public company, Shake Shack has significantly underperformed both the market and its peers.
☆ Panera Bread parent announces CEO transition as it prepares for 'eventual IPO'
  + stars: | 2023-05-23 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Customers patronize an open Panera Bread location in the Walt Whitman Mall on March 26, 2020 in Huntington Station, New York. JAB Holding, the investment arm of the Reimann family, bought Panera Bread in 2017 for $7.5 billion, taking it private. In the press release, Panera Brands said the leadership changes are "in preparation for its eventual IPO." Panera Bread, the largest chain in the portfolio, has long been known as a technology leader in the restaurant industry. Panera Bread has also been testing A.I.
☆ Restaurants embrace premium reservations to target big spenders
  + stars: | 2023-05-06 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +4 min
When cities and states rolled back lockdown rules, many implemented new orders for restaurants to help with contact tracing, such as requiring customers to book tables in advance. As a result of those pandemic-fueled changes, restaurants and the companies that help them book their tables are targeting big spenders with premium reservation options to drive higher sales. About two-thirds of SevenRooms' restaurant clients use its software to promote special experiences or sell upgrades when customers book reservations. Page said the move toward premium restaurant reservations can partially explain why it feels like it's so much more competitive to book a table in advance these days. "I kind of don't like the whole 'Disney FastPass line' of restaurant reservations," he said.
☆ DoorDash is headed to Super Bowl, pushing its on-demand grocery business again. Here are 7 key moves it is making to dominate retail delivery after conquering restaurants.
  + stars: | 2023-02-12 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +13 min
In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Editor's note: On Sunday, DoorDash is airing its second Super Bowl commercial to promote its grocery delivery business. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.
☆ This restaurant started as a Mexican beach-side taco stand in a $3,000 VW bus—soon, it could come to a block near you
  + stars: | 2023-01-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com   time to read: +4 min
Today, it's a fast-casual Mexican restaurant chain with 15 locations across New York, Miami and Washington, D.C. That's a far cry from Tacombi's beach days, which started when Wolos bought his 1963 green VW "bus" in Mexico City for $3,000. Wolos converted the van into a mobile restaurant where he sold his first tacos, he told Total Food Service in November. He wrote a business plan for a restaurant chain concept called "Taco Rex" where he'd sell Mexican food that was, to him, actually Mexican. "I saw that Taco Bell, Chipotle and Old El Paso and all these legacy brands of Mexican food weren't connecting people to this side of Mexico."
☆ DoorDash is making 7 keys moves to dominate retail and grocery delivery after conquering restaurants — and creating new rivals in Instacart and Gopuff
  + stars: | 2022-10-27 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +12 min
In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. DoorDash has leaned heavily into grocery, convenience-store, and retail delivery since launching these expanded services in 2020. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.
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