Panera Cuts Food Quality Standards Ahead of IPO Business Facing shifting and more competitive market dynamics, executives have been making concessions in Panera’s food quality standards.
Rumors of Crisis as Subway Closures Mount and Same-Store Sales Decline Business Declining sales and mounting Subway closures have forced the sandwich chain to pivot strategy in the wake of its recent acquisition.
Buca Di Beppo Files for Chapter 11 Bankruptcy Business Italian chain Buca di Beppo, known for its big portions and kitschy decor, shuttered 18 locations and filed for Chapter 11 bankruptcy.