I'm just still amused that in my town, ABC is literally across the street from Panera. Though ABC was there long before Panera. Yet Paneras seem to be sprouting up everywhere and appear to be gaining popularity over ABC. It remains to be seen if this is a novelty...
Amusing? Well, look at Home Depot & Lowes...and Walgreens and CVS or RiteAid -- many are across the street.
Panera is pretty solid -- 57.45 million in earnings last year.
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Amusing? Well, look at Home Depot & Lowes...and Walgreens and CVS or RiteAid -- many are across the street.
Panera is pretty solid -- 57.45 million in earnings last year.
You're absolutely right, and I find that amusing as well. Though, in my experience in commercial real estate, that's kind of the point. We're marketing a property right now to banks because a new bank is being built across the street... Seems silly to me, but I'm not a business owner.
Love Panera, especially the iced green tea. Wish I could buy that by the gallon jug.
Never heard of ABC before this thread, but it does sound good!
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I'd often heard you should set up shop within 1/4 mile of your toughest competitor...
Maybe I'm remembering completely wrong, but I thought that for a long time, this was standard OP for McDonalds -- across the street from their competitor.
Seems silly to me, but I'm not a business owner.
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