Panera signs deal to expand presence in N. Carolina
August 13, 2007
by Eric Schroeder
ST. LOUIS — Panera Bread has signed an agreement with Breadwinners of the Triangle, L.L.C. to develop additional bakery-cafes in the North Carolina cities of Raleigh-Durham, Wilmington, Morehead City and Fayetteville. Breadwinners of the Triangle currently operates 13 Panera Bread locations in the region.
Breadwinners of the Triangle opened its first Panera Bread location at Crabtree Valley Mall in Raleigh in 1999 and has since expanded its presence in The Triangle, Greenville and Pinehurst areas.
Under the conditions of the new agreement, Breadwinners of the Triangle will open five additional bakery-cafes to be located in its current territory and the new markets of Wilmington, Morehead City and Fayetteville.