I was just talking to someone about Bread Co how it was all the rage 5-10’years ago and it’s kinda faded and not kept up with fast casual phases. They’ll have to do more to reinvent themselves.
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^Would love to bring them to St. Louis again. Getting 7-Up back would be a neat symbolic coup.
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^ They're still headquartered in St. Louis (Sunset Hills)
^^ I think in the past 5 years, they've put a lot of focus on more natural foods, or getting rid of a lot of artificial stuff in their foods. I don't see a lot of other places doing that. Also, during the pandemic, they were one of the first places I noticed to offer a Family Meal type offering and one of the first curbside pickups, as well.
^^ I think in the past 5 years, they've put a lot of focus on more natural foods, or getting rid of a lot of artificial stuff in their foods. I don't see a lot of other places doing that. Also, during the pandemic, they were one of the first places I noticed to offer a Family Meal type offering and one of the first curbside pickups, as well.
Every time I've been to the Bread Co., I've been disappointed with the small menu/ lack of choices.
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It's pretty darn expensive too for what you get.framer wrote:Every time I've been to the Bread Co., I've been disappointed with the small menu/ lack of choices.
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^ & ^^ - I think these are both because of their move towards no artificial ingredients. Not an in-your-face "innovation," but there's definitely a market for it.
I used to not be a big bread co fan but I have gone more often lately. They seem to be in the middle of menu overhaul so hopefully we see more new options soon.
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20+ years ago when i worked at the Med School i used to eat at the CWE Bread Co. just about every day. it was amazing—more like a local bakery/deli than the fast food chain that it is now. after they got bought out and chain-ified, the quality and portions went to sh*t.
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In approximately the same sense that Purina is, though, right? The operating unit is headquartered here, but it's owned by an out of town conglomerate: JAB Holdings out of Luxembourg. (Which is considering taking it public again and therefore maybe spinning it off in some sense?) They may be pretty darned independent, but as long as someone out of town could just pull the plug . . .Bart Harley Jarvis wrote: ↑Apr 30, 2021^ They're still headquartered in St. Louis (Sunset Hills)
20+ years ago they were pretty awesome, and that one in particular was neat. It felt much more down to earth back then.urban_dilettante wrote: ↑Apr 30, 202120+ years ago when i worked at the Med School i used to eat at the CWE Bread Co. just about every day. it was amazing—more like a local bakery/deli than the fast food chain that it is now. after they got bought out and chain-ified, the quality and portions went to sh*t.
Simpler sandwiches. Good bread. Good ingredients. Simple menu. Even the logo was more honest. Less Madison Avenue. Just St. Louis Sourdough Bread Company on a bar in a circle. No stylized Madona and Loaf. No pseudo Italian Euro name. Better days. I miss the bean sprouts.- 2,928
Yes and no. Yes that both JAB and Nestle are in Europe. But, their reasons for acquiring these companies, and how they operate them, are different...symphonicpoet wrote: ↑May 01, 2021In approximately the same sense that Purina is, though, right? The operating unit is headquartered here, but it's owned by an out of town conglomerate: JAB Holdings out of Luxembourg. (Which is considering taking it public again and therefore maybe spinning it off in some sense?) They may be pretty darned independent, but as long as someone out of town could just pull the plug . . .Bart Harley Jarvis wrote: ↑Apr 30, 2021^ They're still headquartered in St. Louis (Sunset Hills)
JAB, which acquired Panera, operates as a holding company. In addition to Panera, JAB's owned food brands include Bruegger's; Peet's Coffee; Caribou Coffee; Jacobs Douwe Egberts; Einstein Bros. Bagels; Espresso House; a majority interest in Keurig Dr. Pepper; Krispy Kreme; and Pret a Manger. In addition, they also own Bally Shoes; Compassion-First Pet Hospitals; Coty; and National Veterinary Associates. The main purpose of a holding company buying and operating so many brands, many of which are related (i.e. coffee & baked goods) is achieving economies of scale to recognized increased savings and value creation.
In contrast, Nestle operates Purina as a subsidiary entity. Nestle's less concerned about value creation from enjoining the raw materials costs of these companies being under the same umbrella entity than it is interested in recognizing diverse revenue streams through Purina being a business industry separate and unique from Nestle's primary business.
Thought it worth mentioning that some St. Louis companies are hitting all-time highs along with the overall market, including:
Perficient - $2.2b
ESCO - $2.9b
Olin - $7.1b
Post - $7.4b
Stifel - $7.4b
Emerson - $54.6b
Perficient - $2.2b
ESCO - $2.9b
Olin - $7.1b
Post - $7.4b
Stifel - $7.4b
Emerson - $54.6b
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Is there a significant difference to how much autonomy the local office has in either model? It's often been said around here that Purina still has a fairly strong degree of autonomy. I can easily believe Panera has more than a little, but to get those most out of those economies of scale you'd have to coordinate your offerings some, which would presumably be done by someone with a clear view of everything: i. e. someone in BeNeLux. One hopes they haven't been gutted as badly as AB by the Low Country overlords, but too many chefs spoil the French onion soup, or so they say. (Do they even still offer French onion soup?)gone corporate wrote: ↑May 03, 2021Yes and no. Yes that both JAB and Nestle are in Europe. But, their reasons for acquiring these companies, and how they operate them, are different...symphonicpoet wrote: ↑May 01, 2021In approximately the same sense that Purina is, though, right? The operating unit is headquartered here, but it's owned by an out of town conglomerate: JAB Holdings out of Luxembourg. (Which is considering taking it public again and therefore maybe spinning it off in some sense?) They may be pretty darned independent, but as long as someone out of town could just pull the plug . . .Bart Harley Jarvis wrote: ↑Apr 30, 2021^ They're still headquartered in St. Louis (Sunset Hills)
JAB, which acquired Panera, operates as a holding company. In addition to Panera, JAB's owned food brands include Bruegger's; Peet's Coffee; Caribou Coffee; Jacobs Douwe Egberts; Einstein Bros. Bagels; Espresso House; a majority interest in Keurig Dr. Pepper; Krispy Kreme; and Pret a Manger. In addition, they also own Bally Shoes; Compassion-First Pet Hospitals; Coty; and National Veterinary Associates. The main purpose of a holding company buying and operating so many brands, many of which are related (i.e. coffee & baked goods) is achieving economies of scale to recognized increased savings and value creation.
In contrast, Nestle operates Purina as a subsidiary entity. Nestle's less concerned about value creation from enjoining the raw materials costs of these companies being under the same umbrella entity than it is interested in recognizing diverse revenue streams through Purina being a business industry separate and unique from Nestle's primary business.
^at this point the center of power for AB is much closer to São Paulo than to Leuven
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Do they even still offer French onion soup?
Yes, I think it came back sometime during the pandemic. (I honestly don't stan for Panera)
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Symphonic: I'll do my best to answer you here, although I'm limited in my full understanding. Like you, I have heard, and tend to agree, that the Purina offices are largely self-sufficient, although perhaps not autonomous from corporate in Europe. What I'd expect to see in Panera's integration with the JAB corporate hierarchy is the company's supply chains being closely affiliated with the other brands under their umbrella. Best example: If you have 7 companies that sell coffee as a major part of how they each do business, it's more than advisable for corporate to have all 7 subsidiary companies buy their coffees from the same place, recognizing economies of scale and other operational benefits of working as one entity. So, while I'd bet the C-Suite execs at Panera have a considerable degree of autonomy in how they manage the ship, I'd bet their purchasing department (among others) is well-integrated with JAB corporate.
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They're always overhauling their menu. Every time I go there I feel like it's a different restaurant. Last time I went it was an Asian restaurant, the time before that it was Italian, etc. The food is usually fine, but pick a lane!jshank83 wrote: ↑Apr 30, 2021I used to not be a big bread co fan but I have gone more often lately. They seem to be in the middle of menu overhaul so hopefully we see more new options soon.
Clayco’s monster West Coast expansion is bringing some added benefits to the St. Louis and Chicago offices. Clayco will purchase another building in Overland to create a campus and will add upwards of 200 new jobs in St. Louis.
https://www.stltoday.com/business/local ... e=facebook_
Edit: Good news, but with LA having 3 offices, why not go for three in St. Louis and plant a flag downtown? I'm sure enough space could be had for a small Clayco office at BPV...
https://www.stltoday.com/business/local ... e=facebook_
Edit: Good news, but with LA having 3 offices, why not go for three in St. Louis and plant a flag downtown? I'm sure enough space could be had for a small Clayco office at BPV...
^ I guess my thought would be that the work is in LA area and on a pretty significant scale by the sounds of it & the owners of those want a significant presence by Clayco on their part. Remote all sounds good and dandy until a project owner needs some answers at 4 pm Pacific time and everyone in St. Louis is already at home for dinner. I think the plus side is those jobs went to St Louis and not Chicago. That is says a lot of Clayco's intentions for the long term.
Also, don't forget that LA is a huge metro area and can easily see the three offices in different locals because the diverse nature & massive traffice in the LA area. You can spend the same amount of time getting from Inland Empire to the beaches as you can drive from St Louis to KC depending on the day
Also, don't forget that LA is a huge metro area and can easily see the three offices in different locals because the diverse nature & massive traffice in the LA area. You can spend the same amount of time getting from Inland Empire to the beaches as you can drive from St Louis to KC depending on the day
^ I think you misunderstand me. That wasn’t meant to be a comparison with LA, obviously. Clayco already has two St. Louis offices...one in downtown Clayton and one in Overland. If they’re gonna hire upwards of 200 more people and buy another building in STL, I would have preferred a little bit of downtown action. More pie in the sky on my part than a serious proposal, however.
Also the Chicago HQ is picking up a bunch of new jobs in this too...
Also the Chicago HQ is picking up a bunch of new jobs in this too...
Amdocs makes an acquisition. They are one of those companies like WWT that keep building a customer base and growing. My wife through her employment at ATT works at lot w Amdocs
https://www.bizjournals.com/stlouis/new ... 2#cxrecs_s
https://www.bizjournals.com/stlouis/new ... 2#cxrecs_s
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Thoughts stemming from comments in a thread over on A.Net:
Probably a zero percent chance of STL snagging it, but is there any way STL would make some kind of overture to snag the Boeing CSuite from Chicago? Their tax incentives are up soon, and I wouldn't be totally surprised if they move the HQ out of Chicago, though I'd think D.C., Charleston, or DFW would make far more sense (not including Seattle because I think Boeing's burned a few too many bridges on that front at this point).
Probably a zero percent chance of STL snagging it, but is there any way STL would make some kind of overture to snag the Boeing CSuite from Chicago? Their tax incentives are up soon, and I wouldn't be totally surprised if they move the HQ out of Chicago, though I'd think D.C., Charleston, or DFW would make far more sense (not including Seattle because I think Boeing's burned a few too many bridges on that front at this point).
DC (or its environs) seems to make the most sense. Northrup Grumman and Lockheed Martin are already HQ'd in the DC area. And Boeing will be trying to patch up its relationship with its regulators (and hiring away regulatory and military staff) for years to come.Trololzilla wrote: ↑May 31, 2021Thoughts stemming from comments in a thread over on A.Net:
Probably a zero percent chance of STL snagging it, but is there any way STL would make some kind of overture to snag the Boeing CSuite from Chicago? Their tax incentives are up soon, and I wouldn't be totally surprised if they move the HQ out of Chicago, though I'd think D.C., Charleston, or DFW would make far more sense (not including Seattle because I think Boeing's burned a few too many bridges on that front at this point).
^ I wouldn't be surprised if it was Dallas or Texas or maybe even Atlanta as outlier. Can certainly understand DC but their Defense C-suite already moved there.
So thinking Texas first and Foremost because you American Airlines and Southwest HQ there since they are some of the biggest buyers as well as having a hub/international airport. Charleston will continue to see Boeing's manufacturing base grow but tough to see a world HQ there.
So thinking Texas first and Foremost because you American Airlines and Southwest HQ there since they are some of the biggest buyers as well as having a hub/international airport. Charleston will continue to see Boeing's manufacturing base grow but tough to see a world HQ there.