FakeNewsSux
02-07-2019, 01:22 PM
"Imagine no possessions, I wonder if you can? No need for greed or hunger. A brotherhood of man!"
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 (https://www.eater.com/2019/2/5/18212499/panera-cares-closing-pay-what-you-can-restaurant?fbclid=IwAR2UANE_uVSHz_sW0PlvCzbdYGwyJO xgjM_01kJ3wBpboSbOogt89DjJcKE) 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 when it was launched nine years ago. The ‘pay-what-you-want’ business model allowed patrons visiting the locations to eat for a donation — or not.
https://thenationalsentinel.com/2019/02/06/panera-breads-pay-what-you-can-socialist-program-ends-in-abject-failure-as-freeloaders-cause-stores-to-go-broke/
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 (https://www.eater.com/2019/2/5/18212499/panera-cares-closing-pay-what-you-can-restaurant?fbclid=IwAR2UANE_uVSHz_sW0PlvCzbdYGwyJO xgjM_01kJ3wBpboSbOogt89DjJcKE) 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 when it was launched nine years ago. The ‘pay-what-you-want’ business model allowed patrons visiting the locations to eat for a donation — or not.
https://thenationalsentinel.com/2019/02/06/panera-breads-pay-what-you-can-socialist-program-ends-in-abject-failure-as-freeloaders-cause-stores-to-go-broke/