NEW: Krispy Kreme holding company to buy Panera Bread

JAB Holdings, the owner of Caribou Coffee and Krispy Kreme Doughnuts, is buying the Panera Bread chain for $7.2 billion.  Expanding its coffee and breakfast empire through the biggest-ever U.S. restaurant deal.

Panera has about 2,000 bakery cafes in the US.

Panera has been ramping up its loyalty program, rolling out kiosks to cut customers’ waiting times and has expanding its delivery service.

The deal is expected to finalize sometime in the 3rd quarter…

http://www.reuters.com/article/us-panera-bread-m-a-jab-holdings-idUSKBN1762YK

 

 

Verne Hill

Verne Hill

The News Guy – WBFJ Family Friendly Morning Show at WBFJ fm - Your family station!
I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace…

VERSE: “Let everything that has breath praise the LORD” Psalm 150

QUOTE: “A person who loves his job, will never work a day in his life.”

MON-SAT 6A-10A(& Sunday@5 host)
verne@wbfj.fm
Verne Hill

Latest posts by Verne Hill (see all)



Verne Hill

I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace… VERSE: “Let everything that has breath praise the LORD” Psalm 150 QUOTE: “A person who loves his job, will never work a day in his life.” MON-SAT 6A-10A (& Sunday@5 host) verne@wbfj.fm