Wednesday, June 5, 2019
Panera Bread Essay Example for Free
Panera breadstuff EssayWhat are the Panera Breads uncomplicated sources of competitive advantage? In your judgment, are these sources of advantages sustainable? Why or why not? Paneras primary sources of competitive advantage are (1) the characteristic nature of its bakery products, (2) its brand strength, (3) the atmosphere of its restaurants, and (4). its position in the restaurant industry Yes,Panera Bread Co. (NASDAQ PNRA) operates the signature restaurant chain Panera Bread, selling hand-crafted breads, sandwiches, salads, and drinks.Panera Bread bakery-cafes are often associated with the concept of fast casual, a mixture between fast food and more upscale casual dining. Customers still repair for their food at the counter, like a traditional fast food restaurant, but Panera arranges tables and chairs to be conducive to group meetings. Most Panera Bread restaurants are dictated in suburban strip malls and regional malls. As of December 29, 2009, Panera had 1,380 bakery -cafes, spanning 38 states, as well as some locations in Canada.Traditionally, companies like Panera have suffered in recessions, which decrease the frequency with which consumers eat out at restaurants. 1 However, Paneras strategy during the recession has been to stay consistent and not to react to the recession, keeping cost constant and offering new salads and sandwiches. 2 As a result, Paneras fast casual niche (between casual dining and fast food) contributes to its relative success this spatial relation allowed it to avoid discounting wars and maintain its margins by attracting customers with a higher quality product perceived to be a good value for the money. Panera bread has a corking meal of Bacon Turkey Bravo with 28G of fat per meal.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.