St. Louis Based Panera Expanding

Panera expandingNEW YORK — Panera Bread company (PNRA) announced it will open its third bakery-cafe in New York City. The new bakery-cafe is located on Fifth Avenue.

Panera Bread Company is based out of St. Louis and owns and franchises 1,562 bakery-cafes.

In the coming months, Panera Bread plans to open an additional bakery-cafe located in Union Square.

“We are delighted to expand our footprint in Manhattan,” said Tom Kelleher, Director of Operations. “While New York City consumers have their pick of options, we believe that the Panera experience — high-quality food rooted in hand-crafted, artisan bread, served in a warm and welcoming environment by people who care — will distinguish Panera from the rest. We look forward to joining additional Manhattan neighborhoods over the coming months.”


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