Panera launches multimillion-dollar turnaround strategy to drive up sales

Panera Bread is launching a multimillion-dollar initiative to overhaul its operations to boost traffic and reverse years of stagnant sales growth. Panera, one of many fast-casual restaurants contending with a challenging landscape, announced its transformation strategy on Tuesday, dubbed “Panera RISE,” which is focused on refreshing the menu, boosting its value proposition and customer experience […]