Content about Restaurant franchises

April 23, 2013

Panera Bread’s Ron Shaich to shift from co-CEO to solo CEO

Panera Bread Company said that chairman and co-CEO Ron Shaich will once again serve as the company's sole CEO starting on Aug. 1.

St. Louis -- Panera Bread Company on Tuesday said that chairman and co-CEO Ron Shaich will once again serve as the company's sole CEO starting on Aug. 1. Bill Moreton, who currently serves as co-CEO and president, plans to transition to an executive vice chairman role in order to spend more time on a family matter.

Moreton commented: "As a result of this family matter, I have found myself unable to travel and am now clear I will be challenged to fully execute my responsibilities as president and Co-CEO of Panera Bread.”

October 9, 2012

Steak n Shake to make international debut

Steak n Shake said it has signed its first international development agreement, which will bring the concept to the Middle East.

San Antonio, Texas -- Steak n Shake said Tuesday it has signed its first international development agreement, which will bring the concept to the Middle East.

Steak n Shake has signed an exclusive area development agreement with the Saleh Bin Lahej Group to open 40 restaurants throughout the United Arab Emirates. This agreement represents the initial expansion of the brand outside the continental United States.