Panera Bread is expanding into groceries in an attempt to recoup some losses following the temporary closures of its cafe dining rooms.
Customers can get delivered or pick up a variety of items, including bagels, bread, gallons of milk, yogurt and fresh produce such as apples and avocados. Its regular menu of soups, salads and sandwiches remain available.
Panera is privately held by JAB Holdings, so the damage that the coronavirus pandemic is doing isn't publicly known. However, CEO Niren Chaudhary said in interview with CNBC that its business has recently fallen by 50%.
In a release, Chaudhary said that Panera Grocery can help customers provide "better access to essential items that are increasingly harder to come by."