Au Bon Pain
(; ) is a fast-casual
bakery and cafe chain headquartered in Boston
. Louis Rapuano and Louis Kane founded the first Au Bon Pain in Boston in 1978.
In 1984 the first Au Bon Pain cafe outside of Boston opened in New York City
. In 1991, the company went public as Au Bon Pain Co. Inc. In 1999, Au Bon Pain Co. Inc. (later renamed Panera Bread
Company) sold its Au Bon Pain division to Bruckmann, Rosser, Sherrill & Co.
, which then sold it to Compass Group in 2000. Louis Kane was not a founder since the Au Bon Pain in Fanueil Hall existed before he and Arthur Blasburg were involved in acquiring the interest of Pavaillier Machinery (manufacturers of the French equipment)
According to Hoovers.com, in 2005, Au Bon Pain management purchased 75 percent of the company while the Compass Group
retained the remaining 25 percent. The current President and CEO of Au Bon Pain is Sue Morelli.
As of 2008 there were 230 cafes in the United States
and abroad with many of them featured in Belk
department stores. Most of the stores in the northeast United States are company-owned, while international locations, such as the locations featured in Belk Department Stores, are typically franchised. Boston
, New York City
, Washington DC
, and Chicago
are all home to numerous Au Bon... Read More