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In 1981, Shaich merged his Cookie Jar with three Au Bon Pain bakeries, which were led by Louis I. Kane, a Boston-area venture capitalist, and together they created Au Bon Pain Co. Inc. Shaich then led Au Bon Pain's conversion from bakeries to bakery cafés and the business took off.
In 2010, the company's nonprofit foundation created Panera Cares, a "Pay what you can", pay it forward (PIF), and traditional charitable behavior restaurant in its home market of St. Louis. CEO Ron Shaich based the idea on an NBC profile of the SAME Cafe in Denver, Colorado.
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Shaich teamed with one of the investors, a commercial real–estate veteran named Louis I. Kane, and revamped the Au Bon Pain concept, using what he learned from watching his baguette customers.
In the 1980s, founder Ron Shaich merged his cookie store with a bakery, creating Au Bon Pain Co. Inc. Shortly thereafter, he and his late partner, Louis Kane, recognized the potential of transforming the company from a bakery selling croissants and bread to a bakery-cafe that used bread and croissants as a platform for selling upscale sandwiches.
Dec 23, 2014 · From top left, clockwise: Panera CEO Ron Shaich, left, in front of the Clark University General Store in 1975; Shaich, center, on the opening day of the Cookie Jar in Boston in 1981; Shaich...
May 5, 2020 · Restauranteurs vRon Shaich, Louis Kane and Ken Rosenthal founded by Panera Bread, which is now a major heavy hitter among fast-casual restaurants, but the cafes have their roots in Boston and...
Feb 14, 2018 · In the '80s, Shaich and business partner Louis Kane checked out a cookie store/croissant shop in New England and saw the potential for a new sort of restaurant option. They would soon introduce the industry to the bakery-cafe concept with a brand they called Au Bon Pain.
Nov 14, 2023 · Ron Shaich and Louis Kane would eventually buy the St. Louis Bread Co. in 1993 and turn it into the Panera we know today. At the time, Shaich merged his downtown Boston cookie shop, the Cookie Jar, with Kane's Au Bon Pain and started selling homemade soups and sandwiches made on fresh baguettes.
With Au Bon Pain co-founder, Louis Kane, 1991. “It’s an advocacy group about reducing the hyperpartisanship in D.C. It’s got a million members today.”. Panera Bread’s Ron Shaich craves ...
Two years later, Louis I. Kane bought the business and began expanding in the Boston area. In 1981, he was joined by Ronald M. Shaich, and the pair formed Au Bon Pain Co. as a partnership. Both Kane and Shaich brought diverse experience to the enterprise.
