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Panera Unveils 'RISE' Turnaround to Restore Quality, Reclaim Traffic

The company sets a goal of topping $7 billion in sales by 2028 following years of declining traffic.

Overview

  • The plan focuses on four pillars—refreshing the menu, igniting value, elevating service, and expanding the network—with support from franchisees and owner JAB.
  • Food changes reverse prior cost cuts by returning salads to romaine-only, increasing ingredients, slicing cherry tomatoes and avocados starting early next year, and enlarging sandwich portions.
  • Guest experience investments include adding front-of-house staff, modernizing decade-old self-order kiosks, and updating dining rooms.
  • Panera is trialing Frescas (caffeine-free) and Energy Refreshers in about 65 cafes from Oct. 15 to Jan. 6 across Nashville, the Mobile/Pensacola area, and Baltimore.
  • The push follows shrinking traffic and a roughly 5% sales decline to $6.1 billion last year, as the company also moves to close all fresh-dough facilities within two years after recent site shutdowns.