abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

12 Jun 2011

Author:
Emily Drew, CSRwire Talkback

Panera Bread CEO Says Pay What You Can [USA]

One in six Americans...is seriously hungry, likely under-nourished or malnourished and doesn’t know when he/she will have their next meal. When Panera Bread Founder and CEO Ronald Shaich learned this, he thought about how Panera Bread opens two restaurants every week, employs 60,000 people, and he knew Panera’s resources could have impact on America’s hunger problem...Shaich’s vision was to create a restaurant where anyone could eat a meal with dignity, a place far removed from the institutional food of most soup kitchens...Panera Cares shops look like any other Panera Bread, but the prices are just suggestions. If you can pay, you do. If you can’t, you don’t. If you can pay more, you’re welcome...Each restaurant must generate enough revenue to be self-sustaining, and so far, all of them are...“Imagine a world in which Wal-Mart is doing food bank distribution,” Shaich stated...