Panera Bread Takes Manhattan With Opening Of 1,500th Store

4-traders.com:

Today Panera Bread announced the opening of its 1,500th bakery-cafe and its first in Manhattan.

The Company’s new location opened today at 330 Seventh Avenue at 29th Street. As well, Panera Bread announced three other Manhattan bakery-cafes that it expects to open in 2012. They will be located on East 86th Street, Fifth Avenue at 40th Street and Union Square.

“We are thrilled to be celebrating two milestones today – the opening of our 1,500th bakery-cafe, as well as Panera’s entry into the food mecca that is Manhattan,” commented Ron Shaich, Panera Bread Founder and Executive Chairman. “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. Not only are we excited about opening our 1,500th bakery-cafe but we’re pleased about joining four neighborhoods across Manhattan over the coming months.”

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