Panera Bread CEO Says 85% to 90% of Store Remain Open Through Crisis

Panera Bread is actively addressing the challenges posed by the pandemic by partnering with Feeding America to combat hunger and launching initiatives like 'Together Without Hunger'. Despite the crisis, Panera has kept most of its stores open, focusing on off-premise channels and e-commerce. The company supports its franchisees with deferred payments and safety measures for reopening. Panera's supply chain remains secure, and it has introduced a grocery delivery service to meet customer needs.

What is the main goal of Panera Bread's partnership with Feeding America?

• To increase their market share

• To provide meals to those affected by the pandemic

• To launch a new product line

• To expand internationally

How has Panera Bread adapted its business model during the crisis?

• By closing all stores

• By focusing on off-premise channels

• By increasing prices

• By reducing menu options

What kind of support is Panera Bread providing to its franchisees?

• Providing financial deferments

• Offering free marketing services

• Hiring additional staff

• Reducing store hours

What safety measures is Panera Bread implementing for reopening?

• Reducing store hours

• Offering free masks to customers

• Increasing menu prices

• Installing wellness stations and flexishield barriers

How has Panera Bread ensured the security of its supply chain?

• By using only local suppliers

• By maintaining unique ingredient standards

• By reducing the number of suppliers

• By increasing inventory levels

What is Panera Grocery's role in Panera Bread's business strategy?

• To offer cooking classes

• To expand their delivery radius

• To replace their traditional menu

• To provide high-demand grocery items

What percentage of Panera Bread's sales is currently coming from grocery items?

• 20-25%

• 1-2%

• 10-15%

• 5-10%