Shaich: St. Louis Bread matched Au Bon Pain volume at half cost
Ron Shaich · Panera Bread/Au Bon Pain: Ron Shaich (2018) · Feb 10, 2020 · at 23:35
Ron Shaich compares the unit economics of St. Louis Bread Company's suburban locations to Au Bon Pain's urban stores in the 1990s.
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“St. Louis Bread Company was generating volumes nearly as high as Au Bon Pain, but doing so in real estate that cost half as much.”
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