Panera Bread • Roasted Turkey & Avocado BLT plus Broccoli & Cheddar Soup
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Panera Bread Company is an American chain of bakerycafé fast casual restaurants in the United States and Canada. Its headquarters are in Sunset Hills, Missouri, a suburb of St. Louis, and operates as Saint Louis Bread Company in the St. Louis metropolitan area. Offerings include soups, salads, pasta, sandwiches, specialty drinks, and bakery items.

History
Panera Bread in Chicago's South Loop in 2006.
St. Louis Bread was founded by Ken Rosenthal in 1987 when he opened the first location in Kirkwood, Missouri. In 1993, Au Bon Pain Co. purchased the St. Louis Bread Company. In 1997, Au Bon Pain changed the company name to Panera, a word that has roots meaning "bread basket" in Latin. At the same time, the St. Louis Bread Company was renovating its 20 bakerycafés in the St. Louis area.

In May 1999, to expand Panera Bread into a national restaurant, Au Bon Pain Co. sold its other chains, including Au Bon Pain, which is now owned by Compass Group North America. Panera Bread moved into its new headquarters in Richmond Heights, Missouri in 2000. The company operates or franchises more than 1900 Panera Bread bakerycafés in 46 states and 20 facilities that deliver fresh dough to the bakerycafés every day. Panera Bread's CEO is Ron Shaich.

In the St. Louis area where it was founded, Panera Bread still operates under the name St. Louis Bread Company. The St. Louis metropolitan area has over 101 locations.

In 2005, Panera ranked 37th on BusinessWeek's list of "Hot Growth Companies", earning $38.6 million with a 42.9% increase in profits.[10][11] In 2007, Panera Bread purchased a majority stake in Paradise Bakery & Café, a Phoenixbased concept with over 70 locations in 10 states (predominantly in the west and southwest). The company purchased the balance of Paradise in June 2009. On January 25, 2008, a class action lawsuit was filed against Panera Bread alleging Panera failed to disclose material adverse facts about the company's financial wellbeing, business relationships, and prospects. Panera settled the lawsuit and agreed to pay $5.75 million to shareholders while admitting no wrongdoing. In 2008 Panera Bread expanded into Canada, beginning with Richmond Hill, Thornhill, Oakville, and Mississauga in the Toronto area. In 2009 and 2012, the restaurant review service Zagat named Panera one of the most popular restaurants for eating on the go. Panera was also rated No. 1 for Best Healthy Option, Best Salad, and Best Facilities, among restaurants with fewer than 5,000 locations.