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Hollis Johnson Panera Bread just hit a major digital milestone. On Tuesday, the fast-casual chain announced it was on track to surpass $ 1 billion in digital sales, or sales made through kiosks, mobile, and web, in 2017. At the end of the first quarter, 26% of Panera’s sales were digital. Blaine Hurst, Panera’s president, said that figure […]
Hollis Johnson (Reuters) – JAB Holdings, the owner of Caribou Coffee and Peet’s Coffee & Tea, said on Wednesday it would buy U.S. bakery chain Panera Bread Co in a deal valued at about $ 7.5 billion, including debt, as it expands its coffee and breakfast empire. JAB Holdings offered $ 315 in cash per […]
