Due to the inflation in this economy, the National Inflation Association reported that within a decade a loaf of bread could cost as much as $23 and a 32 oz. Pack of sugar could run you a staggering $62.
This report connects the Federal Reserves runway money creation policy and the food price inflation. And because of this food will be hit extremely hard by price inflation within the decade. Important factors in this are the rising energy prices, which become extremely high for farming, transporting, harvesting and the processing of foods.
In the future we either need to grow our own food or just learn to make due with less.
Panera Bread bakery-café is set to open in early Spring in West Virginia.
This space will occupy 6,000 square feet at the Clendenin Street shopping center.
There are help wanted ads up now in the Charleston newspapers and the Town Center’s general manager Tom Bird anticipated a very busy location because of the Civic Center traffic.
Because there are alot of restaurants such as The Chop House, Outback Steakhouse, Chili’s Grill & Bar and Tidewater Grill, Panera Bread will be a welcome addition especially for the lunch crowd.
Panera Bread continues to grow and expand and now added is its new location in La Habra, California.
This new location at West Imperial Highway has had rave reviews. Customers here love everything from the pastries and paninis and it’s lattes. And with more stores opening in Orange County in the next few months, customers here will be happy and eating healthy, hearty meals.
http://articles.ocregister.com/2010-06-22/cities/24636761_1_la-habra-marketplace-panera-bread-pastry
Due to the economy Panera Bread is helping those that are less fortunate by opening Panera Cares Cafes in Dearborn as well as already having one in St. Louis, which opened in May.
Panera Bread co-founder and executive Chairman Ronald Shaich got the idea after seeing a story on television about a café in Denver called “SAME” Café meaning So All May Eat opened.
And with Café 180 and One World Everybody Eats, Panera Bread sees the need in helping others in this tough economy. And they also notice how people are responding.
It now has over 1,380 locations throughout the U.S. in 40 states as well as in Ontario, Canada. And with its 3 month average volume being 89.1K Panera Bread has a promising future ahead.
We all look forward to its 3 business segments: its’ bakery-café operations, franchise operations and fresh dough operations to continue to spread throughout the U.S. for all of us to enjoy.
http://topics.nytimes.com/top/news/business/companies/panera-bread-company/index.html
