Tag Archive: Panera Bread’s ‘pay what you can’ socialist program ends in abject failure as freeloaders cause stores to go broke


on February 6, 2019 in Featured World News

Panera Bread’s ‘pay what you can’ socialist program ends in abject failure as freeloaders cause stores to go broke

In another example proving that socialist economic models don’t work, Panera Bread is closing the last store that was part of the chain’s socialist “pay what you can” program because they’ve all become financially unsustainable. The chain announced this week that it would be closing its Boston store Feb. 15 after it, too, failed to turn a profit. In fact, it wasn’t even close. On Tuesday, Eater reported that none of the restaurant’s five “non-profit” locations was able to generate sufficient revenue to remain open. The program was called “Panera Cares,” and it was designed to serve food to low-income people...

In another example proving that socialist economic models don’t work, Panera Bread is closing the last store that was part of the chain’s socialist “pay what you can” program because they’ve all become financially unsustainable. The chain announced this...

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