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Wednesday, January 12, 2011

A Bread-and-Butter Example

Panera opens pay-what-you-wish site in Portland - Yahoo! Finance: "Panera Bread Co. is preparing to open its third nonprofit restaurant where customers can pay what they wish for food.

The latest 'Panera Cares' community cafe will open Monday in Portland, Ore., its first West Coast location.

Panera opened community cafes last year in Clayton, Mo., and Dearborn, Mich. The restaurants are owned and operated by a nonprofit arm of the national restaurant chain, which receives no profit from the business.

So far, people have stepped up. Panera said about 20 percent of the visitors to the cafes leave more than the suggested amount, 20 percent leave less and 60 percent pay what is asked."

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