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Panera to open first local pay-what-you-can cafe in Lakeview
The Chicago Tribune ^ | June 20,2012 | Emily Bryson York

Posted on 06/20/2012 1:57:40 PM PDT by lex33

Panera is turning one of its first Chicago stores over to the community. The store at 616 W. Diversey Pkwy. is converting to a pay-what-you-can model Thursday with only suggested prices and donation boxes. This is the St. Louis-based company's fourth "Panera Cares Community Cafe" and its first in Chicago. In an interview, founder and co-CEO Ron Shaich said the Lakeview location has particular significance for him because he wrote the company's mission statement there. "Chicago is a very important market for us," Shaich said, adding that the company has more than 100 locations in the area, and co-CEO William Moreton lives in Hinsdale. "We've had a lot of success here." He added that the Lakeview location is ideal for a community store because there are "million-dollar townhomes and people on the street," meaning there are customers who can help support the cafe and those who can benefit from a free meal. "When you walk in, it's the full Panera experience," Shaich said. "When you go into a soup kitchen, the energy is so negative and the food is institutional and the experience is institutional." He said the idea for the community model was to "create an experience," that could "lift people up" and provide some dignity for those who can't afford to pay. To make the concept work, consumers who have extra money are asked to donate it. Those who are short can pay less, and those who can't pay anything can volunteer for an hour to eat free. Shaich said the idea has worked because Panera turns the stores over to the Panera Bread Foundation, a tax-exempt organization that runs day-to-day operations. This frees the publicly traded restaurant company of its obligation to run a profitable business.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
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1 posted on 06/20/2012 1:57:45 PM PDT by lex33
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To: lex33

I predict that’ll be a money loser.


2 posted on 06/20/2012 2:00:42 PM PDT by afraidfortherepublic
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To: lex33

Stupid.


3 posted on 06/20/2012 2:03:55 PM PDT by youngidiot (Hear Hear!)
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To: lex33

In Chicago? HA-hahahaha... Good luck. Having flashbacks of that woman from a few years ago, now yelling “Whoooohoooo, where’s my free Obama bread?”.


4 posted on 06/20/2012 2:04:52 PM PDT by richmwill
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To: lex33

It will be fun to see how long this lasts.


5 posted on 06/20/2012 2:06:25 PM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: lex33
Shaich said the idea has worked because Panera turns the stores over to the Panera Bread Foundation, a tax-exempt organization that runs day-to-day operations. This frees the publicly traded restaurant company of its obligation to run a profitable business.

No business has a legal obligation to make a profit, that's just nonsense. It just means the CEO isnt held accountable for the inevitable losses. However more importantly here, running tax-exempt frees the stores from the crushing burden of taxes, which might just provide sufficient margin to make it possible to survive in this crazy business model.

6 posted on 06/20/2012 2:07:22 PM PDT by pepsi_junkie (Who is John Galt?)
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To: lex33

I’ll bet folks can’t wait to eat at a place that has homeless people volunteering in the back.

Preparing food, washing dishes, no showers in days, a hair on your plate...

Ummmm, I’m hungry already.


7 posted on 06/20/2012 2:07:29 PM PDT by DoughtyOne (Remove all Democrats from the Republican party, and we won't have much Left, just a lot of Right.)
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To: lex33

Kudos to those who choose to help others in this way.

The problem arises when people try to force others to do so.


8 posted on 06/20/2012 2:10:02 PM PDT by Sherman Logan
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To: lex33

Kudos to those who choose to help others in this way.

The problem arises when people try to force others to do so.


9 posted on 06/20/2012 2:10:12 PM PDT by Sherman Logan
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To: lex33

I would predict failure, but this will be far too important to the libtards for them to allow it to fail. There will be backdoor support by wealthy liberals so that they can later all proclaim it a perfect example of how capitalism now can be relegated to the ash-heap of history—the selflessness of socialism/communism has been proven to work. /gag . . . /rolleyes


10 posted on 06/20/2012 2:10:38 PM PDT by Sudetenland (Member of the BBB Club - Bye-Bye-Barry!!! President Barack "Down Low" Obama)
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To: DoughtyOne
Hahaha. I was thinking the same thing. This is going to be a disaster.
11 posted on 06/20/2012 2:11:33 PM PDT by lex33
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To: lex33

I really enjoyed Panera. It’s sad to see them putting themsleves out of business....


12 posted on 06/20/2012 2:12:12 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: lex33

Homies goan clean ‘em right out ‘n’ s**t.


13 posted on 06/20/2012 2:14:17 PM PDT by RightOnline (I am Andrew Breitbart!)
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To: lex33
The Ownership Breadline Society.
14 posted on 06/20/2012 2:15:18 PM PDT by the invisib1e hand (they have no god but caesar)
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To: lex33
The Ownership Soupline Society.

has more of a ring to it.

15 posted on 06/20/2012 2:16:47 PM PDT by the invisib1e hand (they have no god but caesar)
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To: lex33

I think this policy could work out well for the IRS too. (Just dreaming ... )


16 posted on 06/20/2012 2:22:27 PM PDT by omni-scientist
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To: DoughtyOne
I’ll bet folks can’t wait to eat at a place that has homeless people volunteering in the back.

No kidding!

17 posted on 06/20/2012 2:23:11 PM PDT by Eaker (When somebody hands you your arse, don't give it back saying "This needs a little more tenderizing.")
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To: DoughtyOne

Probably lots of homeless volunteers to man the cash register. LOL.


18 posted on 06/20/2012 2:30:00 PM PDT by Starboard
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To: afraidfortherepublic
So, it's all you can eat for a dollar.    Yeah, the profits will be just rolling in.
19 posted on 06/20/2012 2:30:54 PM PDT by softwarecreator
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To: lex33

>> that could “lift people up” and provide some dignity for those who can’t afford to pay. <<

The lack of shame is what is killing the US work ethic. If you can;t afford to pay it means you made bad life decisions (in 99.9% of the cases) — you SHOULD feel shame. That shame should motivate you to get yourself straightened out and productive.

Just like studies have shown that when unemployment benefits run out, amazingly people get jobs shortly afterwards. Wow, who’d a thunk it????

The same applies to kids out of wedlock — there is a direct correlation between the removal of shame and the incidents of bastards. And all studies show over and over that kids without a normal mom and dad are societal problems in many, many ways.


20 posted on 06/20/2012 2:31:20 PM PDT by freedumb2003 (Guns Walked -- People Died -- Holder Lied -- Obama Golfed (thanks, Secret Agent Man))
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