Panera Bread started as the St. Louis Bread Company in Missouri in 1987. When Au Bon Pain purchased it in 1993, the name changed to Panera. The fast-casual, sit-down restaurant is famous for its freshly baked bread, sandwiches, and various pastries, soups, and salads. Panera has over 2,200 U.S. locations, and today, it's part of JAB Holding Company, a European group whose portfolio also includes Pret A Manger, Peet's Coffee, and Krispy Kreme.