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In the spring of 1978, businessman Louis Kane was strolling through Boston's historic Faneuil Hall Marketplace when he noticed a display showcasing a new line of French bakery ovens.
Shaich, who had set up and operated a non-profit convenience store as an undergraduate, was managing a Cookie Jar franchise in Boston in 1981.
In 1983, Au Bon Pain centralized dough production at a Boston facility.
By 1984, sales of loaves and croissants attained $1.7 billion in United States sales.
By 1985 the company's more than 30 cafés in the northeast United States were generating an estimated $15 million in annual revenues.
Au Bon Pain common made its debut June 6, 1991, with 1.875 million new shares at $9 per share, rising to over $13 by that fall.
In 1992, the company completed its installation of a customized, chainwide computer network.
In 1993, Au Bon Pain paid $24 million for Missouri's Saint Louis Bread Co., a 20-unit chain of bakery cafes in and around the Midwestern hub for which it was named.
Menu updates included bagels, new hot sandwiches, and soups in a fresh-baked "bread bowl." In 1995, Au Bon Pain agreed to make Peet's Coffee, headquartered in Berkeley, California, its exclusive brew.
© 2022 ABP OpCo, LLC. All rights reserved.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Panera Bread | 1981 | $2.8B | 140,000 | 3,587 |
| Pizza Hut | 1958 | $7.5B | 350,000 | 10,163 |
| Noodles & Company | 1995 | $493.3M | 7,001 | 948 |
| Wendy's | 1969 | $2.2B | 12,500 | 2,622 |
| Fogo de Chão | 1979 | $314.4M | 3,491 | 378 |
| P.F. Chang's China Bistro | 1993 | $1.2B | 20,000 | 739 |
| Bruegger's Bagels | 1983 | $130.0M | 2,400 | 60 |
| Chick-fil-A | 1946 | $11.3B | 35,574 | 7,799 |
| Sonic Drive-In | 1953 | $423.6M | 5,000 | 6,573 |
| Dunkin' Donuts | 1950 | $1.4B | 35 | 124 |
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Au Bon Pain may also be known as or be related to ABP OpCo LLC, Au Bon Pain and Au Bon Pain cafe bakery.