Inside the surprise Panera Brands deal
Niren Chaudhary, CEO of the newly formed fast-casual supergroup of Panera Bread, Caribou Coffee and Einstein Bros. Bagels, discusses why the trio banded together and what to expect.Photo courtesy Panera Bread
Restaurant Business Exclusive Content
Financing
How is the economy affecting restaurants? It's complicated
The Bottom Line: There is a sense that low-income consumers are changing their spending at fast-food restaurants and focusing more on value. But the impact appears limited, at least so far.
Financing
The IPO market is apparently warming up again
The Bottom Line: Cava Group is planning an initial public offering and other restaurant companies could follow suit, so long as the market doesn't run off the rails again.
Technology
A California pizza parlor got a high-tech makeover, and business is booming
Owner Andrew Simmons turned his aging restaurant into a laboratory. The results: Lower prices, fewer workers and a line out the door.