Saturday, May 06, 2006

Make things people want, and make it fun to buy it.

Let them eat bread.

Panera Bread, one of the leading "fast casual" restaurant chains in the US, will on Friday unveil plans for 25 per cent long-term earnings growth, marking the first time it has committed to such a target since going public in 1991.

...Its business model is based on growing demand for “speciality” or “artisan” breads, for which it can charge a premium price as consumers increasingly trade up from cheaper chains.

Panera bakes all of its bread at each of its almost 900 stores, which the company claims have more average sales per unit than Starbucks or dining chains such as Outback Steakhouse.

They place to watch for leading developments in the GME are the companies whose primary revenue source is consumers.

They have to satisfy the folks who are suppying the revenue stream. Those that find or create a profitable niche will do just fine.

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