Particle.news
Download on the App Store

Panera Launches 'RISE' Turnaround With $7 Billion Sales Goal by 2028

The company is betting that restoring quality will bring back traffic.

Overview

  • CEO Paul Carbone introduced Panera RISE, a four‑pillar plan to refresh the menu, sharpen value, elevate service and expand the restaurant network.
  • Early changes reverse prior cost cuts, including a return to romaine‑only salads, larger portions, more salad ingredients, and sliced cherry tomatoes and avocados starting next year.
  • Panera will add front‑of‑house staff, upgrade decade‑old self‑order kiosks, and refresh dining rooms to improve the in‑cafe experience.
  • The chain is testing barista‑made Frescas and lower‑caffeine Energy Refreshers in about 65 cafes through Jan. 6 following the discontinuation of Charged Lemonade and related lawsuits.
  • The overhaul targets more than $7 billion in systemwide sales by 2028 after Technomic estimated a 5% sales decline to $6.1 billion last year, while Panera continues closing fresh‑dough facilities over the next two years.