Panera Bread

Panera Bread has upped its expectations for new-unit growth and anticipates about 100 new units in 2011. In the second quarter, it cut the ribbon on 13 new bakery-cafés while franchisees opened 15 new stores. The systemwide total at the end of June stood at 1,493 units. During the same period, Panera completed the purchase of substantially all the assets and certain liabilities of 25 bakery-cafés from its Milwaukee franchisee. Panera is headquartered in St. Louis. panerabread.com

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