As of Mar 28, 2017, the company operated 910 bakery-cafes and franchisees operated 1,132 bakery-cafes in the US and Canada under the names Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café.

In fiscal 2016 the company opened 48, closed 20 and refranchised 27 restaurants, while franchisees opened 45 and closed 9 restaurants. During the first quarter of fiscal 2017, the company opened 10 and closed 2 restaurants, while franchisees opened 3 and closed 5 restaurants. For fiscal 2017, the company expects to open 70 to 80 new restaurants and relocate 15 to 20 restaurants, systemwide.

Nearly all bakery-cafe locations are leased. Most leases have an initial non-cancelable lease term plus one renewal option period, which generally equates to an aggregate of 15 years.

Bakery-cafés range from 3,100 to 6,000 square feet and average approximately 4,500 square feet, and are located in varied locations, including in-line or end-cap locations in strip or power centers, regional malls, and free-standing units.

Company-operated restaurants910902901925867809
Company-operated restaurant growth-0.7%0.1%-2.6%6.7%7.2%9.3%
Franchised restaurants1,1321,1341,071955910843
Franchised restaurant growth4.7%5.9%12.1%4.9%7.9%5.2%
Systemwide restaurants2,0422,0361,9721,8801,7771,652
Systemwide restaurant growth2.3%3.2%4.9%5.8%7.6%7.2%
Avg restaurant gross sq ft4,5004,5004,5004,5004,5004,500
Avg restaurant gross sq ft growth0.0%0.0%0.0%0.0%0.0%-0.5%